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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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Singapore Convention Week 2021 Brings Together Global Legal And Business Community

SINGAPORE - Media OutReach - 31 August 2021 - The upcoming Singapore Convention Week (SC Week) 2021 will bring together leaders from...

Logan Group Announces 2021 Interim Results Steady, Long-term Development Strategies Pave Way for Future Growth

HONG KONG SAR - Media OutReach - 31 August 2021 - Logan Group Company Limited (stock code: 3380.HK) has announced its 2021 interim results. In the first half...

Prince Foundation Celebrates Sixth Anniversary with Rebranding & Strategic Review

Charity arm of Prince Group aims to be more strategic and investment-oriented in approachPHNOM PENH, CAMBODIA - Media OutReach - 31 August 2021 - Prince Foundation,...

Desire to Improve Their Health Motivates Asia Pacific Consumers to Start Eating Breakfast More Often During the Pandemic – Herbalife Nutrition Survey

HONG KONG SAR - Media OutReach - 31 August 2021 - Premier global nutrition company, Herbalife Nutrition, today unveiled findings from its third annual Asia Pacific...

Seminal Step: OctaFX Launches Its Apple iOS Trading App, Starting in Malaysia

KUALA LUMPUR, MALASIA - Media OutReach - 31 August 2021 - The Forex broker OctaFX presents the test launch of its Apple iOS trading app in the...

Marquee tech investors back coding bootcamp start-up Rocket Academy to address global talent shortage

Fundraise: Rocket Academy raises $1.1m in pre-seed funding from consortium of business angels  Demand: Over the past 3 months, demand for their Coding...
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