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...

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...

Google’s Artificially Intelligent ‘Bard’ Set For Next Stage

Google announced Tuesday it's allowing more people to interact with "Bard," the artificially intelligent chatbot the company is building to counter Microsoft's early lead...

Vietnam Expo introduces domestic products to world

HANOI, VIETNAM - Media OutReach - 22 March 2023 - The Vietnam International Trade Fair - VIETNAM EXPO is an annual event held...

Research Highlights Cyber Security’s Underestimated Role as a Business and Revenue-enabler

Global study reveals boards still undervalue cyber’s role HONG KONG SAR - Media OutReach - 22 March 2023 - Trend Micro...

Pakse to Build Walking Streets, Night Markets to Attract Visitors

The city of Pakse will construct new walking streets and night markets in the town center by mid-2023 to attract more domestic and international...

OneHypernet extends wholesale FX rates to SMEs

SINGAPORE - Media OutReach - 22 March 2023 - OneHypernet, a money transfer network that connects financial institutions for foreign exchange (FX) payments,...