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...

EuroCham Business Networking Event Welcomes Austrian Delegation to Laos

ECCIL EuroCham, the EU, and Advantage Austria hosted a Laos-Europe Business networking event to welcome an Austrian Business delegation to Laos. On Wednesday, 29 March...

Greenbriar Announces Sage Ranch Update

Newport Beach, California - Newsfile Corp. - April 6, 2023 - Greenbriar Capital Corp. (TSXV: GRB) (OTC Pink: GEBRF) ("Greenbriar") is pleased to...

Melco unveils thrilling all-weather indoor waterpark and Epic Tower at Studio City Phase 2

Reaffirming commitment to the diversification of Macau's tourism industryHONG KONG SAR - Media OutReach - 6 April 2023 - Melco Resorts & Entertainment...

NASDAQ-listed wealth and health firm, AGBA Group Holding Limited to acquire Sony Life Financial Advisers Pte Ltd in Singapore

AGBA Group signs agreement to acquire Sony Life Financial Advisers Pte Ltd in Singapore ...

The Malaysia Healthcare Travel Council: Upholding Medical Innovations as a Cancer Care Centre of Excellence

Malaysian health practitioners are at the helm of various new techniques to treat tongue, blood and orthopaedic-related cancers in their race to boost cancer...

Introducing Microsoft Security Copilot: Empowering defenders at the speed of AI

The odds are against today's defendersSINGAPORE - Media OutReach - 6 April 2023 - Today the odds remain stacked against cybersecurity professionals. Too...