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...

Trend Micro Predicts Cloud Security Will Be Consumed by the SOC by 2026

Emerging need for visibility across cloud will require ambitious professionals to evolve and adaptHONG KONG SAR - Media OutReach - 13 June 2023...

Development of Hello Kitty World Halts in Vietnam After Four Years

The Department of Investment and Planning in Hanoi, Vietnam has issued a decision to stop construction on a park project dubbed Sanrio Hello Kitty...

Laos Seals MOU With Chinese Firm for Development of That Luang SEZ

To attract more investment to the That Luang Lake SEZ, the Special Economic Zone (SEZ) Office in Laos signed an agreement with Huangpu Renewable...

Sit Back, Relax, and Leave Your Worries with Arlo this Summer

Award-winning home security solutions to give you a stress-free holiday!SINGAPORE - Media OutReach - 13 June 2023 - With summer arriving and...

APAC sustainability experts cite legislation, business action as top developments driving the sustainability agenda: ERM-GlobeScan survey

SINGAPORE - Media OutReach - 13 June 2023 - The latest research from GlobeScan and the SustainAbility Institute by ERM finds...

Use of Multi-Factor Authentication (MFA) Nearly Doubles Since 2020, New Okta Secure Sign-In Trends Reports Finds

Okta platform data-based study finds FastPass and WebAuthn offer far stronger security and faster, more reliable user experiencesSINGAPORE - Media OutReach - 13...