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...

ROSEN, GLOBALLY RECOGNIZED INVESTOR COUNSEL, Encourages Rite Aid Corporation Investors With Losses to Secure Counsel Before Important Deadline in Securities Class Action Commenced by...

New York, New York - Newsfile Corp. - March 27, 2023 - WHY: Rosen Law Firm, a global investor rights law firm, reminds...

SUNeVision Celebrates Grand Opening of its Hyperscale Data Centre MEGA Gateway

Replicate success of Asia’s No. 1 connectivity hub MEGA-i and support high power-density demandsHONG KONG SAR - Media OutReach - 28 March 2023...

WMI and the Private Banking Industry Join Forces to Strengthen Singapore’s Position as a Philanthropy Hub

SINGAPORE - Media OutReach - 28 March 2023 - The Wealth Management Institute (WMI) and the Private Banking Industry Group (PBIG) announced the...

World’s Elite Leaders Deeply Love ZEGNA Triple Stitch™, and Kieran Culkin Was Announced as Its Global Ambassador

HONG KONG SAR - Media OutReach - 28 March 2023 - As a part of the ZEGNA's Luxury...

WHealth and GLAM Capital Signs a Memorandum of Understanding on Strategic Partnership

Top Financial Experts Reveal the Investment Opportunities in the Post-epidemic Era at the Financial Summit with the Debut of GLAM Alternative Investment FundHONG KONG...