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...

Asendia: 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 ...

Times Neighborhood maintains steady development in core businesses of property management services and community value-added services

Adhering to “longtermism” and “4321” development strategyHONG KONG SAR - Media OutReach - 29 March 2023 - Times Neighborhood Holdings Limited ("Times...

Tresorfx Launches Revolutionary Automated Copy Trading Service for Investors

LONDON, UNITED KINGDOM - Newsfile Corp. - 29 March 2023 - Tresorfx, a leading global investment firm, is excited to announce the launch of...

Jennifer Yu Cheng Girls Impact Foundation Partners with Industry Leaders to Offer Teen Girls Head Start on “CareerXploration”

“JYCIF CareerXplorer” is set to engage, inspire, and activate teen girls through immersive, real-world work experiences HONG KONG SAR - Media OutReach...

imBee Reinvents Data-driven Productivity With AiskBee, Hong Kong’s First ChatGPT-Powered Enterprise Knowledge Base Solution

Enhances customer experience with faster and more accurate replies while empowering all staff across different industries to carry out advanced analyticsHONG KONG SAR -...