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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...
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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...
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Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...
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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...
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Experience the Charm and Comfort of Kyoto with the Grand Opening of Travelodge Kyoto Shijo Kawaramachi.

KYOTO, JAPAN - Media OutReach - 3 April 2023 - Travelodge Hotels Asia Co., Ltd. has recently unveiled its newest addition to...

Hong Kong’s First Thai SELECT Carnival Lands in Lan Kwai Fong

Experience delightful F&B, entertainment, and cultural offerings from the tropical paradise in this one-day only street festivalHONG KONG SAR - Media OutReach -...

Ingdan Announces 2022 Annual Results Revenue and Net Profit Maintained a Steady Growth

Highlights of the Annual Results for the Year Ended December 31, 2022: The continuous...

Fintech and Agri-Fintech Company, Tingo Group, Inc., Reports Full Year 2022 Financial Results

Acquisition of 100% of Tingo Mobile Completed on November 30, 2022, making theCompany significantly profitable from December 1, 2022 ...

The U.S. to lose $150 billion due to the China-Brazil trade agreement: an OctaFX analysis

KUALA LUMPUR, MALAYSIA - Media OutReach - 31 March 2023 - The OctaFX experts comment on the deal announced this week by the...

Cellulant’s Payment Processing Platform to Power Online and Offline Payments for Businesses in Africa

SAN FRANSISCO, US - African Media Agency - 31 March 2023 - Leading payments technology company, Cellulant aims to change how businesses make payments...
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