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...

Pretty Beauty Introduces the Latest Trending Korean Beauty Device

HONG KONG SAR - Media OutReach - 8 June 2023 - The technological development and introduction of Hong Kong's beauty industry is comparatively...

Global economic uncertainty triggers risk aversion , Rare Trader’s Professional training helps investors deploy correctly

HONG KONG SAR - Media OutReach - 7 June 2023 - As the banking crisis in the US intensifies in recent months, gold...

New Tourist Amenities to be Built in Xaysomboun Province

Xaysomboun province officials have permitted a local company to construct tourist facilities in three public parks in the Anouvong district, at a cost of...

Lumen Technologies Partners with KnowBe4 to Address Growing Need for Cybersecurity Awareness in APAC Organisations

New Managed Security Awareness Service will help strengthen ‘human firewalls’ in organisations by training and preparing employees for cybersecurity risksSINGAPORE/AUSTRALIA - Media OutReach...

JustCo Central Plaza offers modern officegoers an ideal fusion of work and life

With easy access to abundant lifestyle options and neighbouring business districts, JustCo Central Plaza offers an ideal fusion of work and life for the...

SpotCam Launches a New Cloud Pet Camera

TAIPEI, TAIWAN - Media OutReach - 7 June 2023 - With the rising number of pet owners, the demand for pet care is...