Business

Laos to Reopen Applications for Non-Bank Financial Institutions by End of 2026

The Lao central bank plans to resume accepting applications to establish new non-bank financial institutions by the end of 2026, after suspending new applications earlier this year to review and update licensing regulations. Visone Saysongkham, head of the non-bank financial institution supervision department at the Bank of the Lao PDR...

Khammouane Targets UNESCO Geopark Status to Boost Tourism

Khammouane is preparing a UNESCO bid for the Hinboun Geopark, hoping the international designation...

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Laos, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors...

Xapo Bank Becomes The First Fully Licensed Bank To Enable USDC Deposits and Withdrawals

Xapo Banks marks a watershed moment for digital asset innovation by enabling members to bypass costly and time-consuming SWIFT payments and deposit and withdraw...

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...