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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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Aon Increases Stake to 100 Percent in Aon India Insurance Brokers, Acquiring Remaining Share from Catamaran

SINGAPORE - Media OutReach - 2 September 2021 -  Aon plc (NYSE: AON), a leading global professional services...

RISE Conference returns to Hong Kong for five consecutive years

HONG KONG SAR - Media OutReach - 2 September 2021 - Today the Hong Kong Tourism Board (HKTB) and Web Summit announced that...

Kuhlmann International Launches in Singapore

New Experience Centre for leading German modular interior builder of home solutions opens in October 2021SINGAPORE - Media OutReach - 2 September 2021 - Bespoke modular...

Materna IPS deploys Biometric Face Recognition at Tokyo Haneda Airport

TOKYO, JAPAN - Newsaktuell - 2 September 2021 - Tokyo International Airport (HANEDA), the 4th largest airport in the world, chose the...

TECNO launches new brand slogan of Stop At Nothing in India

TECNO pays tribute to human pursuit of purpose and potentialNEW DELHI, INDIA - African Media Agency - 2 September 2021 - Global premium...

CPA Australia: Most Accountants Predict GBA Will Become World-Leading Technology Hub

HONG KONG SAR - Media OutReach - 2 September 2021 - Sixty-one per cent of surveyed accounting and finance professionals predict the Guangdong-Hong Kong-Macao Greater Bay Area...
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