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...

KBTG establishes its third IT base in Vietnam, seeking additional personnel to strengthen its workforce in support of KBank’s Regional Digital Expansion strategy, gearing...

BANGKOK, THAILAND - Media OutReach - 23 June 2023 - KASIKORN Business-Technology Group (KBTG) has established KBTG Vietnam...

Topcast Appoints Wolfgang Tatzer as New CEO

• Wolfgang Tsatzer appointed as CEO, following recent leadership transition • Wolfgang Tatzer joins with more than 30 years’...

Greenbriar Capital Announces Convertible Debenture and Update on the Sage Ranch Option and Joint Venture Agreement with Captiva Verde Wellness Corp

Coquitlam, British Columbia - Newsfile Corp. - June 22, 2023 - Greenbriar Capital Corp. (TSV: GRB) (OTC Pink: GEBRF) ("Greenbriar or "the Company")...

Oasys Welcomes Frontier Development Strategy Inc. (a subsidiary of NTT DOCOMO) as a Validator to Enhance the Oasys Chain

SINGAPORE - Media OutReach - 23 June 2023 - Oasys, a gaming-optimised blockchain, is pleased to announce the integration of Frontier Development Strategy...

Terraoil Announces Annual General Meeting

Date Set for the Annual General Meeting for Fiscal Year 2022Steinhausen, Switzerland - EQS Newswire - 23 June 2023 – Terraoil Swiss AG ("Company"),...

Alibaba Cloud’s Energy Expert Helps Analyze Carbon Footprint for The First Olympic Esports Week

AI-driven carbon measurement and fan engagement tools trialed at Olympic Esports WeekSINGAPORE - Media OutReach - 22 June 2023 - Alibaba Cloud, the...