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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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Code Pharma BV: Antiviral Drug Codivir Shows Promising Effect Against COVID-19

Code Pharma, a Dutch pharmaceutical company, is developing a direct antiviral drug against COVID-19.Following the successful completion of a phase I study, the company...

Immigration to Ireland Records a Sharp Rise Bartra raised HK$200 million from Immigrant Investor Programme Since Start of 2021

HONG KONG SAR - Media OutReach - 1 September 2021 - Bartra Wealth Advisors ('Bartra'), a subsidiary of Ireland's leading real estate developer...

Habitap Launches First-Ever Subscription-Based Smart Home & Office Model, Habitap ONE

Revolutionising the way people access homes and offices by making it simple, fuss-free and affordable for allHabitap ONE Home: A flexible pay-per-use...

The Club and Citibank Join Hands to Launch Points Conversion Program Along With Extra Clubpoints Offer

HONG KONG SAR - Media OutReach - 1 September 2021 - HKT's loyalty program and digital ventures arm - The Club and ...

Local Financial Advisor First-Ever Singaporean to Join Global Organization’s 2022 Leadership Team

SINGAPORE - Media OutReach - 1 September 2021 - The Million Dollar Round Table (MDRT) appoints Carol Kheng, ChFC, Secretary of its 2022 Executive...

CPA Australia and MIA collaborate to improve understanding of company annual reports

KUALA LUMPUR, MALAYSIA - Media OutReach - 1 September 2021 - CPA Australia and the Malaysian Institute of Accountants (MIA) have collaborated to update two...
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