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...

Singapore Accounting Firm RMS Reaffirms Commitment To Help Businesses Stay Compliant With Refreshed Brand Identity And Website

SINGAPORE - Media OutReach - 30 March 2023 - Royal Management Services (S) Pte. Ltd. ("RMS"), an established accounting and taxation firm...

Kickstart Your Month with Kinohimitsu, iShopChangi Singapore’s Brand of the Month — Up to 78% Off Storewide

SINGAPORE - Media OutReach - 30 March 2023 - From 1 – 30 April, iShopChangi kickstarts the month with great April...

Ear Up’s new Music and Fashion extravaganza with a creative blast

HONG KONG SAR - Media OutReach - 30 March 2023 - Following the success of cross-disciplinary "Music x Fashion x Heritage" online...

Authenticity is now a key new driver of revenue and loyalty for global shoppers

67% of global shoppers spend more with brands they perceive to be authentic ...

NetApp’s 2023 Cloud Complexity Report Highlights the Shifting Demands of a Multicloud Environment

Key findings indicate that 98% of technology leaders have been impacted by the increasing complexity of the cloud, bringing issues of cybersecurity and cost...

Okta announces new identity verification feature for Zoom video conferencing and collaboration

Okta Authentication for End-to-End Encryption (E2EE) available to all paid Zoom customers SINGAPORE - Media OutReach - 30 March 2023 - ...