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...

Hong Kong In-Home Expo 2023 Opens Today

The largest-ever public access, one-stop home expoHONG KONG SAR - Media OutReach - 1 June 2023 - Organized by Exhibition Group Limited, the...

LOCA Leads E-Mobility Revolution, Paving Way For Sustainable Future in Laos!

LOCA, a leading player in the mobility service, is making waves with its remarkable progress in embracing electric mobility and contributing to a greener...

Skyborn Renewables appoints Stine Würtz Jepsen as CHRO

HAMBURG, GERMANY - EQS Newswire - 1 June 2023 - Skyborn Renewables (Skyborn) has appointed Stine Würtz Jepsen as Chief Human Resources Officer (CHRO)...

BKH-ICD Showcases Upcoming New Inland Port to Boost Trade between Thailand and Malaysia

HAT YAI, THAILAND- Media OutReach - 1 June 2023 - BKH-ICD hosted an event in Hatyai with leading shipping lines and major forwarding...

Get Ready for the Summer’s Hottest Sale With iShopChangi

Get the holidays off to a flying start this June as iShopChangi ushers in the summer with irresistible deals to indulge in. Enjoy over...

Lao Restaurant in US Forced to Close Due to Death Threats

Tasty Thai, a Lao and Thai takeout restaurant located in Belmont Avenue, Fresno, California was forced to shut down after they received death threats...