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...

Let the World Hear the Voice of the Asian Games, the “Asian Games Letterbox” concluded with great success in its first stop Hong Kong

HONG KONG SAR - Media OutReach - 21 June 2023 - With less than a hundred days remaining until the grand opening of...

Amazon Prime Day Returns on 11 and 12 July with Thousands of Real Deals and Exclusive Launches in Singapore

Only on Amazon.sg, shoppers will have exclusive access to Hasbro’s new extensive lineup of products across its key brands such as NERF, Play-Doh, Monopoly,...

Souvanny Home Center Issues First Corporate Bonds in Laos

Souvanny Home Center Public Company has become the first company in Laos to issue corporate bonds via the Lao Securities Exchange. The construction materials and...

Trend Micro Ranked #1 in Worldwide Cloud Workload Security Market Share for 5th Consecutive Year

Analyst report shows Trend’s leading revenue, market share worldwideHONG KONG SAR - Media OutReach - 21 June 2023 - Trend Micro (TYO:...

Media intelligence firm CARMA continues Asia expansion with Indonesia launch

JAKARTA, INDONESIA - Media OutReach - 21 June 2023 - Global media intelligence company CARMA has launched in Indonesia as part of...

TCL Introduces Innovative Refrigerators and Washing Machine to Audiences in the Philippines

TCL delivers world class home appliances innovations that help consumers lead healthier, more connected lifestyles.MANILA, PHILIPPINES - Media OutReach - 21 June 2023...