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...

BNM decision to affect Malaysian ringgit’s fate this week

KUALA LUMPUR, MALAYSIA - Media OutReach - 9 March 2023 - Over the past year, Malaysian ringgit (MYR) has been one of the...

Xapo Bank Becomes the First Bank to Offer Near-Instant Bitcoin Payments On the Lightning Network Powered by Lightspark

Xapo Bank is the first fully licensed bank in the world to integrate Lightning Network.BANGKOK, THAILAND - Media OutReach - 9 March 2023...

Array Go Has Launched: ArrayFi’s Answer to AI in Blockchain

VICTORIA, MAHE, SEYCHELLES - Media OutReach - 9 March 2023 - Array Go, the fully automated algorithmic intelligence, has launched and geared...

Impro (1286.HK) 2022 Annual Revenue Up 15.3% YoY to HK$4,354.7 million

Adjusted Profit Attributable to Shareholders of the Company Surges 53.7% to HK$649.1 Million Full-Year Dividend...

Laos Records Lowest Year-on-Year Trade Deficit of USD 13 Million in January

The country reported a trade deficit of USD 13 million in January, the lowest figure recorded since last year. The trade deficit in Laos soared...

Colgate and foodpanda join forces to unlock q-commerce accessibility for customers in Asia

Colgate and foodpanda have started a collaboration to expand customers’ access to Colgate products in more than 400 cities across 11 markets within Asia...