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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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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 ...

GEODIS in Hong Kong Unlocks Priority Customs Facilitation and Inspection with AEO Accreditation

Partnership with the country’s Customs and Excise Department strengthens GEODIS’ offering, as the APAC division expands its network of local infrastructures HONG KONG SAR...

#ReConnect 2021 UK-China Contemporary Culture Festival launched

#ReConnect – a hybrid festival featuring online and offline work by leading British art and cultural organisations and artists, launched by the...

Sinpopo Brand Unveils Its First Mid-Autumn Collection Featuring Modern Singapore Flavours Perfect For Gifting

Following the success of an online mooncake fair last year in lieu of the COVID-19 pandemic, Sinpopo Brand honours Mid-Autumn traditions this year with...

OPPO partners with Japanese architect Kengo Kuma for Milan Design Week 2021 to create multisensory landmark installation Bamboo (竹) Ring :|| Weaving a Symphony...

MILAN, ITALY - Media OutReach - 6 September 2021 - OPPO the smart device manufacturer and innovator has partnered with Japanese architect Kengo Kuma to...

Hantec Financial expands its global footprint to Vietnamese Markets

HO CHI MINH CITY, VIETNAM - Media OutReach - 6 September 2021 - Hantec Financial, the co-brand of financial entities under Hantec Group, a...
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