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...

GBS Simplifies Foreign Business Registration in Vietnam with New One-Stop-Shop Service

HO CHI MINH CITY, VIETNAM - Media OutReach - 29 March 2023 - Global Business Services LLC (GBS) is a business law...

Vetter Performs Extraordinarily with Six Wins in the 12th Annual CDMO Leadership Awards

CDMO honored as winner in all six core award categories Vetter celebrates its second consecutive year earning...

New research reveals the growing prevalence of “conversational everything” for customer communications

Infobip data from more than 449 billion interactions in 2022 shows conversational experience is becoming more popular across all forms of customer communication, from...

First Phosphate Corp. Signs LFP Production Technology Licensing Agreement with Integrals Power Limited

Saguenay, Quebec - Newsfile Corp. - 28 March 2023 - First Phosphate Corp. (CSE: PHOS) (FSE: KD0) ("First Phosphate" or the "Company") is pleased...

Vingroup named “Best Issuer for Sustainable Finance”

HANOI, VIETNAM - Media OutReach - 29 March 2023 - Vingroup has just been named "The Best Issuer in Sustainable Finance in 2022"....