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...

HelperPlace New Survey Reveals the Loosen Travel Restrictions is Not Enough to Cover the Demand of Domestic Helper

The looser travel restrictions for the domestic helper is not enough to cover the high demand of local families; given the current...

Asia Pacific Economy Forecast to Return to World-Leading Growth in 2022, Maintaining into 2023

The Asia Pacific office market remained resilient, being the only region to record consecutive quarters of positive net absorption since the pandemicMainland China Tier...

Cushman & Wakefield: Asia Pacific Economy Forecast to Return to World-Leading Growth in 2022, Maintaining into 2023

The Asia Pacific office market remained resilient, being the only region to record consecutive quarters of positive net absorption since the pandemicMainland China Tier...

CHINA EVERGRANDE GROUP – Insolvency petition against real estate conglomerate ready – International creditor and DMSA seek co-venturers filing for insolvency too​

BERLIN, GERMANY - Newsaktuell - 8 December 2021 - The Chinese real estate developer China Evergrande Group once again defaulted on overdue ...

Insolvency petition against real estate conglomerate ready – International creditor and DMSA seek co-venturers filing for insolvency too

BERLIN, GERMANY - Newsaktuell - 8 December 2021 - The Chinese real estate developer China Evergrande Group once again defaulted on overdue interest payments...

HSBC And Chinachem Group Sign Bilateral Sustainability-linked Loan of HKD1 Billion

HONG KONG SAR - Media OutReach - 8 December 2021 - HSBC and Chinachem Group (the "Group" or "Chinachem") announced today the arrangement of a...