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...

Avery Dennison reaffirms its sustainability commitments with adoption of the Carbon Trust footprint solution

Supply chain transparency is critical to driving continuous improvement in environmental impact measurement and reporting for the labelling and packaging industry SINGAPORE -...

Best Mart 360 introduces China Merchants Hoi Tung as major shareholder, with the acquisition of 49% of the company’s shares at HK$1.76 per share

HONG KONG SAR - Media OutReach - 27 March 2023 - Best Mart 360 Holdings Limited ("Best Mart 360" or the "Company",...

Uni-Bio Science Group Limited Announces 2022 Annual Results

Record High Turnover of HK$440.3 Million and HK$38.5 Million Profit Achieved Expanding Portfolio with New Drug Innovations and Strategic R&D Partnerships...

14th Lao Business Forum Sees 400 Local and International Participants

The 14th annual Lao Business Forum, held on 27 March 2023, took place in Vientiane to review the progress of public-private dialogue aimed at...

National Industrial Park Launched in Cooperation With Asia-Potash International

The Lao government and SINO-KCL on Friday signed a Memorandum of Understanding (MOU) on a project titled “Asia-Potash International Intelligent Circular Industrial Park." The government...