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...

Charlie Puth and Vietnamese artists to converge at 8Wonder super music festival

HANOI, VIETNAM - Media OutReach - 14 June 2023 - VinWonders announces that one of the most sought-after global music...

First Edition of the Hang Lung Future Women Leaders Program Concludes with Students from the Mainland and Hong Kong Engaged in Exchange and Interaction...

Outstanding students will soon participate in internships to enhance their workplace competitivenessSHANGHAI, CHINA - Media OutReach - 14 June 2023 - Today, Hang...

Vinexpo Asia, Leather Show and Four New Trade Fairs Line Up to Put on a Great Show in Hong Kong

HONG KONG SAR - Media OutReach - 14 June 2023 - Hong Kong, the international trade fair capital of Asia, is going from...

Capture Hong Kong Launches with Google Photos upload to Lead Analogue Media Digitisation in Hong Kong

This new cloud solution finally provides a long term solution for preserving family memoriesHONG KONG - Media OutReach - 14 June 2023 -...

Moobidesk Enhances AI-Powered Omnichannel Solution with WhatsApp In-App Chat Payment Integration

SINGAPORE - Media OutReach - 14 June 2023 - Moobidesk, a software-as-a-service (SaaS) company based in Singapore, has unveiled its plans...

Calastone brings new level of automation to Class B funds with introduction of CDSC solution in Taiwan

Calastone's Contingent Deferred Sales Charge (CDSC) solution digitalises the record of investor holdings and...