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Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new non-bank financial institutions in Vientiane Capital. Effective from the announcement date onwards, the suspension applies to both domestic and foreign investors seeking to establish deposit-taking microfinance institutions, non-deposit-taking microfinance institutions, and pawnshops in the capital. BoL said...

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...
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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...
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Laos Inflation Edges Up in July, Electricity Prices Surge 91.5% Year-on-Year

Electricity prices jumped 91.5 percent in July compared to the same month last year,...
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Online Sellers Face Renewed Enforcement of Business Registration Rules

Online sellers in Vientiane must register as businesses and obtain an e-commerce licence or...
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Business Environment Council Presents a Two-day, High-impact Programme at the BEC Theatre with Special Focus on Business Leadership and SMEs

HONG KONG SAR - Media OutReach - 7 September 2021 - Hong Kong-based event company EnviroEvents (ReThink) Limited will organise ReThink HK...

Central Retail Vietnam partners with Ho Chi Minh City’s authorities to deploy BIPBIP apps for residents’ convenient online grocery shopping

HO CHI MINH CITY, VIETNAM – Media OutReach - 6 September 2021 - Central Retail Vietnam, a leading multi-format and multi-category group, which owns...

Hong Kong Baptist University study finds strong association between PM2.5 and neurological disorders

HONG KONG SAR - Media OutReach - 6 September 2021 - A comprehensive, systematic meta-analysis conducted by HKBU scientists found a significant association between...

Property portal whyborder.com introduces Asia’s first reverse bidding system whybid to connect buyers to global developers

HONG KONG SAR - Media OutReach - 6 September 2021 - whyborder, a borderless property marketing platform, is introducing Asia's first international reverse bidding...

Apical Secures Its First Sustainability-Linked Loan Facilities of US$750 million

SINGAPORE - Media OutReach - 6 September 2021 - Apical Group, a leading agri-business processor of palm oil and member of the RGE group of...

ILIFE Floor Washing Machine Shinebot W455 is now available in Europe

SHENZHEN, CHINA - Media OutReach - 6 September 2021 - ILIFE, a World-leading robot vacuum manufacturer, announced its availability of Shinebot W455 ...
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