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...

Unlock the Magic of Disney and Pixar with 7-Eleven’s Exclusive Match & Go Collectibles from Their Latest Shop & Earn Stamps Programme

This exclusive collection features eight beloved Disney and Pixar characters as delightfully handy 3-in-1 Match &...

“The Real Entrepreneur Show” Hong Kong Youth Entrepreneurship Event

Cultivating and Creating Tomorrow's Leaders HONG KONG SAR - Media OutReach - 7 June 2023 - The "The Real Entrepreneur Show" aims to...

LiveSpo represents Vietnam, announces world’s first spore probiotics in nasal spray form at the BIO International Convention

HANOI, VIETNAM - Media OutReach - 6 June 2023 - LiveSpo is the first representative from Vietnam to participate in the BIO...

Jollibee Foods Corporation starts the year strong, Reports +20.2% Systemwide Sales Growth in North America in Q1 2023

Jollibee, Smashburger, and The Coffee Bean and Tea Leaf ® Parent Group continues momentum with accelerated North Am store network expansionMANILA, PHILIPPINES - ...

Kerry Logistics Network Expands Electronics After-sales Services to Add Value to the Consumer Experience

HONG KONG SAR - Media OutReach - 6 June 2023 - Kerry Logistics Network Limited ('Kerry Logistics Network', 'KLN'; Stock Code 0636.HK) has...

Laos Imports Over 80,000 Vehicles in 2022

The President of the Lao Automotive Industry Association informed the public in a meeting on 5 June that Laos imported 80,708 vehicles including cars,...