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...

NTT Launches Scalable, Cloud-Native Managed Detection and Response Security Service

New security analytics offering integrates threat intelligence with correlated data from various sources across the enterprise, providing threat visibility, proactive hunting, and threat response...

Hang Lung Properties and LVMH Group Launch Common Charter: 20 Actions to Accelerate Sustainability Progress in 2023

HONG KONG, SHANGHAI AND PARIS - Media OutReach - 30 March 2023 - Hang Lung Properties (SEHK stock code: 00101) ("Hang Lung") and...

Infineon and Burapha University establish launchpad for Internet of Things

CHON BURI, THAILAND - Media OutReach - 30 March 2023 - Infineon today announced the opening of the Burapha University Infineon Innovation Launchpad...

Hang Lung Properties and LVMH Group Launch Common Charter: 20 Actions to Accelerate Sustainability Progress in 2023

HONG KONG, SHANGHAI AND PARIS - Media OutReach - 30 March 2023 - Hang Lung Properties (SEHK stock code: 00101) ("Hang Lung") and...

First Hydrogen Canadian Plans Supported by New Canadian Green Economy Budget

Vancouver, British Columbia - Newsfile Corp. - March 30, 2023 - First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) ("FIRST HYDROGEN"...

Starstreet Precinct Celebrates Sustainable Easter with “Refresh. Easter. Bunny” Art Installation in Collaboration with emmaAparty and Fashion Clinic

Come and celebrate the return of "Bah Pau" rabbits to Starstreet Precinct – this time dressed in sustainable Fashion Clinic outfits! ...