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...

ROSEN, A TOP RANKED LAW FIRM, Encourages Beyond Meat, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – BYND

New York, New York - Newsfile Corp. - June 8, 2023 - WHY: Rosen Law Firm, a global investor rights law firm,...

Cushman & Wakefield appoints Mika Kania as Director, Sustainability & ESG, Asia Pacific

HONG KONG SAR - Media OutReach - 8 June 2023 - Cushman & Wakefield (NYSE: CWK) has announced the appointment of Mika Kania...

KGI Asia: 2023 Mid-Year Global Market Outlook Harness the Potential of the East

HONG KONG SAR - Media OutReach - 8 June 2023 - Today, KGI Asia has released its 2023 Mid-Year Global Market Outlook, which...

For First Time in Laos, Avis Introduces Luxury Car Rental At Your Service

Avis Laos, a renowned international brand for vehicle rental services, launched a new luxury service: Avis Prestige on 26 May. Avis plans to move forward...

Spot by NetApp Survey Highlights the Enterprise-Wide Importance of CloudOps and Identifies Key Challenges for Cloud Teams to Achieve Success

Key findings reveal that only a third of IT executives feel very confident in their ability to operate in a public cloud SINGAPORE...