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...

Ke Huy Quan, Cara Delevingne and Angela Bassett Shine in De Beers Jewellers at The 2023 Screen Actors Guild Awards

LOS ANGELES, US - Media OutReach - 28 February 2023 - De Beers Jewellers natural and responsibly sourced diamonds dazzled on nominees and...

“It’s about your products. Not ours.” – Packaging machine specialist ROVEMA invites to “Customized Experiences” at its Hessian headquarters

The mechanical engineering company ROVEMA is planning a series of customized customer events for various sectors of the food industry in 2023. The events...

Lao Government Bonds Sell Out Like Hotcakes on First Day

Government bonds at commercial banks across Laos sold out in just a few hours after the government announced they would go on sale today. The...

Crypto Sets Higher Standards for Proof of Reserves for Traditional Finance: Bybit CEO

The new norms after 2022: crypto exchanges have set...

Pakse to Build Wastewater Treatment Facility Worth USD 2.1 Million

The Global Green Growth Institute (GGGI) held a groundbreaking ceremony last week to build four decentralized wastewater treatment plants and a city-level excrement treatment...

Cisco and NTT Collaborate to Bring Private 5G to Enterprise Customers to Accelerate Industry Transformation

HONG KONG SAR - Media OutReach - 28 February 2023 - Cisco, a worldwide leader in...