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...

“Belt and Road Development” Themed Seminar was Held in Beijing, China

BEIJING, CHINA - Media OutReach - 1 November 2021 - The "Belt and Road Development" themed seminar was held on October 27 in...

Eureka Investment Group launches Covid Home Recovery Concierge Package in Singapore

SINGAPORE - Media OutReach - 1 November 2021 -  Eureka Investment Group had recently launched a virtual concierge service in Singapore for their Covid Home...

Ultimaker, Imaginables and FUJIFILM Business Innovation Australia collaborate to bring 3D printing to classrooms

MELBOURNE, AUSTRALIA - Media OutReach - 1 November 2021 - Ultimaker, the global leader in professional 3D printing announces a reseller partnership...

Evergrande technically defaulted, forcing HSBC and other international banks to write off 197 billion US dollars

BERLIN, GERMANY - Newsaktuell - 29 October 2021 - For the second time in a week, China Evergrande Group has apparently technically defaulted on interest payments...

Taiwan’s AI Day 2021 Enters the Metaverse with Virtual Exhibition and Forum

TAIPEI, TAIWAN - Media OutReach - 29 October 2021 - Taiwan's top annual event for artificial intelligence, AI Day 2021, assembled key international...

China Mobile Hong Kong Invests HK$649 million to Successfully Acquire 700 MHz, 2.5/2.6 GHz and 4.9 GHz Bands

HONG KONG SAR - Media OutReach - 29 October 2021 - China Mobile Hong Kong (CMHK) announces that it has successfully acquired...