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...

Oasys Announces Inaugural Blockchain Gaming Hackathon in Tokyo, Backed by Japanese Industry Titans

SINGAPORE - Media OutReach - 6 June 2023 - Oasys, a gaming-optimised blockchain, today announced the launch of its inaugural hackathon as...

SKP To Expand Their Sustainable Food Packaging & Cutlery Range

SINGAPORE - Media OutReach - 6 June 2023 - Seow Khim Polythelene Co Pte Ltd (SKP), Singapore's largest and leading supplier of disposable...

Best Mart 360 Holdings Limited Announces FY2022/23 Annual Results

Net profit Surged Significantly by over 80% YoYHighlights: Revenue increased by 16.3% to approximately HK$2,305.9...

OPPO Release 2022 Sustainability Report on World Environment Day

SHENZHEN, CHINA - Media OutReach - 5 June 2023 - OPPO releases its 2022 Sustainability Report on World Environment Day this year. Starting...

Bybit Joins DMCC as Ecosystem Partner to Accelerate Development and Mass Adoption of Crypto and Web3

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 5 June 2023 - Bybit, the world's third most visited crypto exchange, has announced a...

Laos, China Launch Bromine Production Project in Khammouane

Successful commissioning of the first bromine project in the Asia-Potash International Industrial Park, perfect fulfillment of the "Asia-Potash Speed" promise, and the creation of...