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...

Victory Securities obtains SFC approval to manage investment funds that comprise up to 100% virtual assets

HONG KONG SAR - Media OutReach - 29 March 2023 - Victory Securities Company Limited ("Victory Securities"), a licensed corporation offering virtual asset...

Be there for your little one at every moment with Arlo

Can’t bear leaving your little one at home even for just a second? Arlo can help!SINGAPORE - Media OutReach - 29 March 2023...

Cambodian Women’s Wheelchair Basketball Team Heads to Thailand for Transformative Training

Trip Sponsored by Prince Foundation and Cambodia Airways to Support Cambodian Female Para-Athletes PHNOM PENH, CAMBODIA - Media OutReach - 29 March 2023...

CICC hosts the China-Japan Finance and Economic Forum in Tokyo

HONG KONG SAR - Media OutReach - 29 March 2023 - China International Capital Corporation ("CICC, 601995.SH, 3908.HK"), successfully held the China-Japan Finance...

“Ear Up Plus” supported 18 indie music units to broaden the music spectrum in Hong Kong

HONG KONG SAR - Media OutReach - 29 March 2023 - Indie music is no longer for a niche audience but the new...

Resumption of the Takamatsu (Kagawa prefecture in Shikoku, Japan) – Hong Kong route (scheduled flights)

HONG KONG SAR - Media OutReach - 29 March 2023 - Tourism Shikoku is pleased to announce that regular, bi-directional flights on the...