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...

SHANGHAI TANG SS24 “Source of Strength” Milan Menswear Fashion Week Museum Presentation on 19th June, 2023

MILAN, ITALY - Media OutReach - 21 June 2023 - The Shanghai Tang Spring/Summer 2024 men's collection draws inspiration from Chinese poet Li...

Global X ETFs: Artificial Intelligence, Robotics & Automation, and Mobility are the key investment themes for 2H2023

SINGAPORE - Media OutReach - 21 June 2023 - Global X ETFs, a leading global provider of exchange-traded funds (ETFs), today announced its...

China Dongxiang Announces FY2022/23 Annual Results

Operational Efficiency Rises on Omni-channel and Digital Transformation Proposed a Annual Dividend of RMB1.66 per Share with Full-year Payout Ratio of 85%Results Highlights ...

FTLife swept four awards at the Bloomberg Businessweek / Chinese Edition Financial Institution Awards 2023

HONG KONG SAR - Media OutReach - 21 June 2023 - FTLife Insurance Company Limited ("FTLife") is delighted to announce that the company...

Boost Your Wellbeing at the New 7CAFÉ+VERSUS Pop-up Store in Central Market Introducing Exclusive Specialty Coffee, Coconut Water Specialty Drinks, Freshly Made Smoothies...

At 7CAFÉ+, collaboration knows no limits. 7CAFÉ+ is thrilled to announce the grand opening of the brand-new 7CAFÉ+VERSUS Pop-up Store in Central Market. It’s...

HONMA Golf Announces Annual Results for FY2022/23 Results Remained Resilient and Cash Flow Strong

HONG KONG SAR - Media OutReach - 21 June 2023 - HONMA Golf Limited ("HONMA"; together with its subsidiaries, the "Group"; HKEx stock...