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...

Korean Developer to Construct Golf Course and Resort on Mekong River Island

The Lao government and Korean investors plan to construct a golf course and resort on an island in the Mekong River in Vientiane Capital...

Rare Trader creates professional training to dispel myths Gold investment may become a new market trend for safe-haven

HONG KONG SAR - Media OutReach - 5 June 2023 - As the banking crisis in the US intensifies in recent months, gold...

De Beers on Pace to Deliver on Ambitious 2030 Sustainability Goals and Create Enduring Positive Impact for People and The Planet

2022 sustainability report highlights milestones in climate ambition and ethical leadership of the diamond industryHONG KONG SAR - Media OutReach - 5 June...

Kingdee Ranked First in aPaaS in China. Innovation Summit on 7 June to Showcase the Latest Digital Transformation Technologies.

HONG KONG SAR - Media OutReach - 5 June 2023 - Kingdee Hong Kong will hold the "Kingdee Digital Transformation and Innovation Summit...

Spackman Media Group Artist Son Suk-ku Ranks #1 In Movie Star Brand Reputation In Korea

Spackman Media Group flagship artist Son Suk-ku has secured the prestigious number one position in...

HSAI FINAL DEADLINE NOTICE: ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Hesai Group Investors to Secure Counsel Before Important June 6 Deadline in Securities Class...

New York, New York - Newsfile Corp. - June 3, 2023 - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers...