Business

Laos Tightens Foreign Borrowing Rules as Debt Risks Persist

Laos has tightened controls on foreign borrowing as the government seeks to limit debt risks and reduce pressure on foreign-currency reserves and the Lao kip. Under a new Bank of Laos decision issued in August, individuals and companies must obtain central bank approval before taking certain loans, guarantees, trade credits...

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8...

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

Lao Authorities, Lao Bank Seek Legal Action Against Thai Media Over Money Laundering Claims

On 31 July, Lao authorities and Lao Development Bank (LDB) met with Thailand's Central...

Take a Trip to 7-Eleven K-Town for its Latest All-New Korean Selections!

To satisfy your K-food cravings, 7-Eleven is bringing you a 'daebak' range of delectable dishes and snacks including brand-new recipes from 7-Select as well...

Eleven International Wins Prestigious Gold Stevie® Award in 2023’s Asia-Pacific Stevie Awards

Cross-border agency wins 4 Stevie® Awards days after inaugural award from PRCA APAC. Wins include 1 Gold, 1 Silver, and 2 Bronze awards in...

BingX Announces a New Premier Listing of Delysium($AGI)

SINGAPORE - Media OutReach - 11 April 2023 - BingX, one of the leading crypto exchanges, is excited to announce that it...

Australian Beverage Chain Boost Sets Eyes on Laos

According to a post by a recruiter on LinkedIn, the popular juice and smoothie bar will soon open its first store in Laos and is...

NTT and SES to Deliver Satellite-based Edge and Private 5G Network Solutions to Enterprises

The two companies will jointly go to market with a fully managed Edge and Private 5G solution including expanded coverage through satellite.HONG KONG SAR...

DHL Supply Chain and Nespresso in Australian partnership

• Extension of global logistics and e-commerce fulfilment partnership dating back to 2014 • Contract to include...