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Business

Inflation in Laos Eases to 4 Percent in October

The cost of living in Laos continues to rise, with new data from the Laos Statistic Bureau showing that inflation reached four percent in October, down from 4.5 percent in September. To track inflation, experts use the Consumer Price Index, or CPI, which is like a shopping basket including the...

Bank of Laos Targets Stronger Oversight, Digital Banking, Regional Connectivity in New Five-Year Strategy

The Bank of Laos (BOL) has unveiled a new five-year plan (2026–2030) aimed at...

Lao Green Business Forum 2025 sets vision for Laos as ASEAN’s future Green Business Hub

The Lao Green Business Forum 2025 marked a pivotal step in Laos’s journey toward...

Young Barista Crowned at First International Coffee, Tea Day in Luang Prabang, to Compete in South Korea

From 3 to 5 October, Luang Prabang hosted the International Coffee and Tea Day...

Laos Opens New Fuel Import Route via Vietnam to Boost Northern Energy Supply

On 4 October, the Lao Petroleum Authority (LPA) officially opened a new fuel import...

MODIFI raises US$24m in equity to create global trade management hub for SMEs

HONG KONG SAR - Media OutReach - 14 September 2021 - Global fintech MODIFI today announced US$24m in Series B, which brings its valuation to...

Kroll: World’s biggest corporates hit hardest by illicit activity despite bolstering defences

57% of respondents at US$15+ billion turnover companies reported "very significant" impacts of corruption and illicit activity  Proactive data analytics to...

Schneider Electric’s EcoStruxure Building Advisor Wins FacilitiesNet.com Vision Award for Analytics & Management Software

HONG KONG SAR - Media OutReach - 14 September 2021 - Schneider Electric, the global leader in the digital transformation of energy...

DHL eCommerce Solutions is recognized as a Great Place to Work in Australia

This marks the first time the company has won this accolade, a testament of the excellent organizational culture despite turbulent times brought...

CSG Enhances ZEE5’s Data Ecosystem for Next Era of Personalized, Cross-Channel Entertainment Experiences

BRISBANE, AUSTRALIA - News Direct - 13 September 2021 - CSG® (NASDAQ: CSGS) today announced a reinforced relationship with ZEE5, one of the largest over the top...

Currency Exchange Businesses to Become Commercial Bank Representatives

Authorities in Laos have ordered currency exchange businesses to transition into representatives of commercial banks across the country. According to a notice issued by the...