Business

Laos Shifts Tourism Licensing Powers to Provincial, District Authorities

Laos is revising how tourism business licences are issued and enforced, dividing responsibilities among central, provincial, and district authorities, Minister of Information, Culture and Tourism Suanesavanh Vignaket said at the National Assembly meeting on 7 October. The Ministry will retain control over foreign-invested tourism businesses and international tour operators, according...

Laos to Reopen Applications for Non-Bank Financial Institutions by End of 2026

The Lao central bank plans to resume accepting applications to establish new non-bank financial...

Khammouane Targets UNESCO Geopark Status to Boost Tourism

Khammouane is preparing a UNESCO bid for the Hinboun Geopark, hoping the international designation...

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Siklus Announces Business Growth And Sustainability Results For 2021

JAKARTA, INDONESIA - Media OutReach - 15 December 2021 - Siklus, an Indonesia-based firm solving economic and environmental issues through its e-commerce and refill delivery solution,...

MODIFI Announces 145m USD to Power International SME Trade Among Supply Chain Turmoil

AMSTERDAM, THE NETHERLANDS - Media OutReach - 15 December 2021 - Global fintech MODIFI today announced 145m USD in debt financing with existing bank partners Silicon...

ARISTA Biotech Confirms Antigen Test Effectiveness Against Omicron and other COVID variants

SINGAPORE - Media OutReach - 15 December 2021 - ARISTA Biotech Pte Ltd ("ARISTA"), manufacturer of COVID-19 antigen & antibody diagnostics, confirms that its...

Salaries expected to recover to pre-COVID-19 pandemic levels in Southeast Asia in 2022, Aon study reveals

Salary increases in 2021 were lower than in 2020; bonus pay-outs dropped approximately 25 percent.Some industries, such as private banking, saw continued...

Qwang Launches in Singapore New Vietnamese Rice Noodle Salad Experience With A Healthier Twist

SINGAPORE - Media OutReach - 15 December 2021 - Qwang, a brand new quick-serve Vietnamese Rice Noodle Salad concept, opens its doors this December, bringing refreshing...

Allianz: Volatile markets, US lawsuits, ESG issues and SPACs create new risks for managers

AGCS report identifies trends for risk managers, brokers and insurers in the Directors and Officers (D&O) space.Pandemic-related insolvency risks have not yet ...