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...

2023 Global Esports Summit in China: Leading speakers Kenneth Fok, Xu Haifeng, H.R.H Prince Faisal and global leaders link to Future

SHENZHEN, CHINA - Media OutReach - 20 June 2023 - Hosted by Tencent Esports, the 2023 Global Esports Summit and Tencent Esports Annual...

Lao Visitors Boost Sales and Tourism in Udon Thani, Thailand

Udon Plaza Company Limited, along with the UD Town Shopping Center, Moko Hotel, and Monthathip International Convention Center, has reported a significant rise in...

AkzoNobel launches Dulux Weathershield Powerflexx, its breakthrough innovation for exterior paints

The advanced paint solution utilises Weathershield's innovative Triple Defence Technology that protects homes for up to 12 years.KUALA LUMPUR, MALAYSIA - Media OutReach...

Technology Investment to Fast Track Global Enterprise Growth in Next 12 Months According to Expereo

Research reveals 4 in 10 APAC CIOs view global connectivity as critical to growth, while 32% believe global growth ambitions are constrained by legacy...

The United Laboratories International Holdings Limited Applies for the Clinical Trial of its Class 1 Innovative New Drug UBT251 Injection

HONG KONG SAR - Media OutReach - 20 June 2023 - On 15 June 2023, The United Bio-Technology (Hengqin) Co., Ltd. ("The United...

JustCo Ignites “work-from-hospo” Trend with the Upcoming Launch of New Co-Working Centre at OCC, Bangkok’s tallest office building

Tapping into the current "work-from-hospo" trend, JustCo OCC (One City Centre) offers a “hotelified” work experience in a welcoming environment while championing biophilic design...