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...

Arrow Electronics Supports LightSpeed to Build Compact, scalable, and Power-Efficient Opto-Electronic System-in-Packages (SiPs) for Delivering Superior Data Bandwidth Capability and Processing Performance.

SINGAPORE - Media OutReach - 27 March 2023 - Global technology-solutions provider Arrow Electronics, Inc. today announces its support for LightSpeed Photonics Private...

ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Catalent, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CTLT

New York, New York - Newsfile Corp. - March 26, 2023 - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers...

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Credit Acceptance Corporation Investors to Inquire About Securities Class Action Investigation – CACC

New York, New York - Newsfile Corp. - March 26, 2023 - WHY: Rosen Law Firm, a global investor rights law firm, continues to...

ROSEN, A RESPECTED AND LEADING FIRM, Encourages TAL Education Group Investors to Inquire About Securities Class Action Investigation – TAL

New York, New York - Newsfile Corp. - March 26, 2023 - WHY: Rosen Law Firm, a global investor rights law firm, continues to...

Shopee inks Memorandums of Understanding with leading beauty brands Zenyum and Sulwhasoo

SINGAPORE - Media OutReach - 27 March 2023 - Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, has inked Memorandums of...

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Fox Corporation Investors to Inquire About Class Action Investigation – FOX, FOXA

New York, New York - Newsfile Corp. - March 26, 2023 - WHY: Rosen Law Firm, a global investor rights law firm, announces an...