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...

One Bangkok achieves Thailand’s first Platinum WiredScore certification for best-in-class digital connectivity

BANGKOK, THAILAND - Media OutReach - 11 April 2023 - One Bangkok, the largest holistically integrated district in the heart of Bangkok, has...

Okta Customer Identity Cloud Powers Secure and Trusted Digital Identity with Singpass

Singapore's national digital ID service is now available for Okta Customer Identity Cloud’s Universal Login, to provide secure, streamlined, and seamless access to government...

Asian Electronics Online Exhibition 2023 Grand Opening

TAIPEI, TAIWAN - Media OutReach - 11 Arpil 2023 - Asian Electronics Online Exhibition (ASIANTRONICS 2023) is a virtual and physical integration targeting...

Hywin Holdings, Leonteq AG, and ARTA TechFin jointly launch principal-protected note linked to FactSet Hywin Global Health Care Index™

HONG KONG SAR - Media OutReach - 11 April 2023 - Hywin Holdings Ltd. ("Hywin Wealth" or "Hywin") (NASDAQ: HYW), a leading independent...

VinES energy solutions to partner with Altinay Elektromobilite

Energy companies from Vietnam and Turkey join forces to provide comprehensive energy storage solutions to Turkey energy marketISTANBUL, TURKEY/HANOI, VIETNAM - Media OutReach...

Copycat Killer Occupies Netflix Charts, and Leads More Taiwan’s Series to Global Markets

TAIPEI, TAIWAN - Media OutReach - 10 April 2023 - Audiovisual works from Asia have gradually secured their footing in global markets. After...