Business

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 institutions by the end of 2026, after suspending new applications earlier this year to review and update licensing regulations. Visone Saysongkham, head of the non-bank financial institution supervision department at the Bank of the Lao PDR...

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...

Laos, China Launch Digital Payment Link For Cross-Border Transactions

Laos and China have launched a new digital payment link that allows Chinese visitors...

GEODIS commits investment in Autonomous Mobile Robots for its distribution centre in Hong Kong, SAR China

Leading transport and logistics provider is investing in warehouse-based robotics and automation technology supplied by Geek+ to accelerate a shift towards digitalization. Move...

UK-based FinTech Darwinex adds US equity strategies to its direct-indexing platform

In addition to execution in 800+ liquid US stocks, equity-based strategies participate in Darwinex’s seed capital allocation programme for up to €90M a yearLONDON,...

Sincere Insurance and Financial Consultant new online platform for wealth management insurance consultants is officially launched

HONG KONG SAR - Media OutReach - 3 November 2021 - For the new line type of insurance products and all kinds of financial, fund and investment protection...

German MECOTEC Group delivers 8 containers for deep-freeze storage of Covid-Vaccines

International demand for deep freeze cooling capacities for vaccines is growingOne certified MECOTEC ISO-Standard 40ft. container offers space for over half a...

Justin Sun Plans to Set up a Fund Worth over $1.1Billion to Catalyze TRON Ecosystem’s Growth

SINGAPORE - Media OutReach - 2 November 2021 - TRON founder Justin Sun tweeted his plan to earmark $1,111,111,111 (roughly $1.1 billion) to establish...

Cyberport Venture Capital Forum 2021 Commences

Total investments facilitated by Cyberport Investors Network breaks the HK$1 billion mark HONG KONG SAR - Media OutReach - 2 November 2021 - The Cyberport...