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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...
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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...
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Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...
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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...
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Infobip announces new APAC leadership team to help businesses boost CX in the region

Appointments signal the company's commitment to Asia Pacific ...

Velocity Global Announces New Financial Metrics; Crosses $200M ARR

Valued at $2B, the global talent solution provider reports significant momentum as the demand for remote-first workplace solutions acceleratesDenver, US - News Direct -...

AIA Hong Kong and New World Group’s Humansa sign Memorandum of Understanding

Form strategic partnership to collaborate and set up insurance industry first one-stop Wellness Centre for high-net-worth customersHONG KONG SAR - Media OutReach...

ECOVACS Group Showcases Premium Lifestyle with Innovative Technologies at China’s Machinery Electronics Show in Singapore

SINGAPORE - Media OutReach - 22 March 2023 - ECOVACS Group, the world's leading manufacturer of service robotics and smart household appliances, has...

BingX Launches its Arbitrum Carnival with a Prize Pool of $50,000 for New Users

SINGAPORE - Media OutReach - 22 March 2023 - BingX, one of the leading crypto exchanges, is thrilled to introduce its Arbitrum...

Tradewind Finance Provides Export Factoring Facility for Tiles Trader in Hong Kong

HONG KONG SAR - Media OutReach - 22 March 2023 - Tradewind Finance has successfully closed a USD 205,000 export factoring facility...
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