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...

DBS survey: 93% of Hong Kong SMEs acknowledge the importance of digitalisation but 57% see funding as a major challenge

Mil Mill voted top SME of DBS BusinessClass Reborn Exhibition HONG KONG SAR - Media Outreach - 20 June 2023 - DBS Hong...

Workato Launches AI@Work to Drive Business Efficiency at Scale with the Power of Generative AI

Announcing WorkbotGPT, a new way to automate work using a Chat UXSINGAPORE - Media OutReach - 20 June 2023 - Workato, the...

Spackman Media Group Artist Wi Ha-jun Set To Star In The Second Season Of Netflix Global Hit Series, Squid Game

Spackman Media Group artist Wi Ha-jun returns in the second season of international breakout hit, ...

Transforming Enterprise Cybersecurity: Trend Micro Unleashes Trend Vision One™ Platform with Next-Gen XDR and AI Capabilities

Groundbreaking platform revolutionizes cyber resilience with early detection and rapid responseHONG KONG SAR - Media OutReach - 20 June 2023 - Trend...

Village House Japan and Aichi Prefecture Officials Agree on New Disaster Relief Shelters Locations in the Tokai Region

TOKYO, JAPAN - Media OutReach - 20 June 2023 - On 25 May 2022, Village House Management Co.,...

Traveloka launches pilot climate action checkout for Singapore consumers in partnership with South Pole

Traveloka users in Singapore will be able to purchase carbon credits and contribute to global climate...