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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...
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Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...
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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...
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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...
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Hyundai Motor Group and Vodafone Business Expand Partnership, Bringing New In-car Infotainment Services to Customers in Europe

Multi-year extension covers more than 40 countries in Europe ...

GEODIS Hong Kong achieves CEIV Lithium Battery certification

IATA accreditation demonstrates logistics provider’s commitment to safety and operational excellenceHONG KONG SAR - Media OutReach - 15 June 2023 - GEODIS,...

Edison Lab Partners with Searching C to Launch Smart Bag SchuBELT with Retractable Straps in Hong Kong and Taiwan

Backpack, shoulder bag, and handbag all at once, with expandable storage HONG KONG SAR - Media OutReach - 15 June 2023 - Edison...

Arrow Electronics Offers Engineering Expertise to Help Pingspace Develop Robotics-As-A-Service Solutions for Warehouse Operation Efficiency

HONG KONG SAR - Media OutReach - 15 June 2023 - Global technology solutions provider Arrow Electronics, Inc. today announced its technology and...

Macau-Based Developers to Sell Savan Legend Casino in Laos for USD 45 Million

The gaming and hotel service firm Macau Legend Development Ltd, owner of the Macau Fisherman’s Wharf precinct and operator of satellite casino Legend Palace,...

Keelung City Government Will Participate in L.A.D. In Seoul On June 17 To Promote the Beauty of Keelung

KEELUNG, TAIWAN - Media OutReach - 15 June 2023 - The Keelung City Government is expected to promote Keelung tourism at L.A.D. Seoul...
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