Business

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...

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...

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,...

Online Sellers Face Renewed Enforcement of Business Registration Rules

Online sellers in Vientiane must register as businesses and obtain an e-commerce licence or...

Yanchang Petroleum International’s Two Ordinary Resolutions Were Passed by Shareholders

Receives US$22 Million Loan from Controlling Shareholder to Support Capacity Expansion Plan for Canadian NovusHONG KONG SAR - Media OutReach - 2 September 2021 - Yanchang Petroleum...

OPPO Further Strengthens Its 1 Hour Flash Fix Service

SHENZHEN, CHINA - Media OutReach - 2 September 2021 - OPPO has launched their 'Fast Campaign--1 Hour Flash Fix Service' in Thailand, Philippines, Cambodia, Pakistan, Egypt, Algeria,...

Dettol Crowned ‘Outstanding Comprehensive Health & Personal Care Product Brand’ at Health Partnership Awards 2021 in Hong Kong

HONG KONG SAR - Media OutReach - 2 September 2021 - Reckitt Hong Kong is proud to announce Dettol is named 'Outstanding Comprehensive...

Eat With Your Family Day supports families in need amidst COVID-19

SINGAPORE - Media OutReach - 2 September 2021 - As part of a community effort to build stronger family bonds amidst COVID-19, 20 families...

UniPin Collaborates with Genshin Impact to Connect with More Gamers in the Southeast Asia Market

Genshin Impact is on UniPin to facilitate top up access for gamers in all region, followed by a series of special events for gamers...

True Global Ventures 4 Plus, World’s First Truly Global Blockchain Equity Fund, Oversubscribed Surpassing $100M Target

Venture fund invests in serial entrepreneur late-stage equity blockchain companiesSINGAPORE - Media OutReach - 1 September 2021 - True Global Ventures (TGV) announced its recently closed True...