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...

Shopee Seller Summit Ushers in New Era of Value-Based Marketing

1,200 Sellers Empowered to Stay Relevant and Drive Economic InclusionPETALING JAYA, MALAYSIA - Media OutReach - 22 June 2023 - 1,200 Malaysian sellers...

Southco exhibits at Automotive Manufacturing Thailand makes Innovation happen

HONG KONG SAR - Media OutReach - 22 June 2023 - Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider...

Okta Appoints Stephanie Barnett as Vice President of Presales for Asia Pacific & Japan

SINGAPORE - Media OutReach - 22 June 2023 - Okta, the leading independent identity provider, today announced that it has appointed tech industry...

Oasys unveils new visual identity to reflect its ambition to bring blockchain gaming to the masses

SINGAPORE & TOKYO, JAPAN - Media OutReach - 22 June 2023 - Oasys, a gaming-optimised blockchain, officially unveils its new visual identity today—a...

Wiselink Recognised for Outstanding Sales Performance, Expands Reach with New E-commerce Platform

SINGAPORE - Media OutReach - 22 June 2023 - Wiselink, a prominent distributor of electronic components in the Asia Pacific region, has been...

IPPWORLD Launches Revamped Website to Meet Rising Demand in Language Solutions from the Travel and Hospitality Industries

SINGAPORE - Media OutReach - 22 June 2023 - IPPWORLD, a leading transcreation agency, proudly announces the launch of its newly redesigned...