Business

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 percent to 7 percent a year as inflation remains below the government’s 8 percent target. The Monetary Policy Committee approved the cut at its meeting on 20 August, where it reviewed monetary policy, economic conditions, fuel...

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...

Chinese Commerce Chamber Urges Businesses in Laos to Cut Ties with Scam Networks

The General Chinese Chamber of Commerce in Laos has told its members to check...

Media OutReach Newswire guarantees news posting on 300 news sites for press release distribution to China

A new milestone for the newswire industryHONG KONG SAR - Media OutReach - 27 June 2023 - Media OutReach Newswire, Asia's first...

Oasys Explores Potential Partnership with MIXI Corporation to Accelerate Growth of Blockchain Gaming

SINGAPORE - Media OutReach - 27 June 2023 - Oasys, a gaming-optimised blockchain, today announced that it is in talks with...

Bybit Secures License to Operate Cryptocurrency Exchange and Custody Services in Cyprus

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 26 June 2023 - Bybit, the world's third most visited crypto exchange, is pleased to...

Strategic Investment in BioMed by Human Health for Propelling Advancements in Gut Microbiome Based Health Management and Its Medical Application

HONG KONG SAR - Media OutReach - 26 June 2023 - In celebration of the World Microbiome Day on 27th June 2023, Human...

CBK White Paper Series: Managing Supply Chains in the Post-pandemic New Normal

Professor Jing Wu, Department of Decision Sciences and Managerial Economics, CUHK Business SchoolHONG KONG SAR - Media OutReach - 26 June 2023 -...

Unlock the Power of CFDs with Phillip Nova: Learn How to Manage Risk in Volatile Markets

Phillip Nova offers over 500 contracts of CFDs on Phillip MetaTrader 5, covering a whole range of asset classes including Global Indices, Equities, Commodities...