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...

ALIZY DEADLINE ALERT: ROSEN, NATIONAL TRIAL COUNSEL, Encourages Allianz SE Investors to Secure Counsel Before Important April 3 Deadline in Securities Class Action Filed...

New York, New York - Newsfile Corp. - March 24, 2023 - WHY: Rosen Law Firm, Rosen Law Firm, a global investor rights law...

Rimping Supermarket Opens Phonsinuan Branch

Rimping Supermarket, an upscale supermarket chain hailing from Chiang Mai, Thailand, has officially opened its second store in Phonsinuan, Vientiane Capital. Rimping Supermarket has established...

Shaw Brothers Holdings Limited Announces 2022 Annual Results

Effort focused more on drama series production as pandemic affected film production To capitalize on post-pandemic...

VinFast celebrates its expansion to the west of France with the opening of VinFast Rennes

RENNES, FRANCE - Media OutReach - 24 March 2023 - VinFast officially announced the opening of its VinFast store in Rennes, marking its...

Hellven Metaverse: First Metaverse Social Platform Based on Arbitrum

SINGAPORE - Media OutReach - 24 March 2023 - Hellven Metaverse is a new generation Web3.0 ecosystem built on Arbitrum, and has announced...

Malaysia Healthcare Offers Advanced Orthopaedic Treatments

Employing top-notch medical technology and expertise, Malaysia provides orthopaedic care for optimal recovery.KUALA LUMPUR, MALAYSIA - Media OutReach - 24 March 2023 -...