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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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Quad Lock Accelerates Their Smartphone Mount Development with Ultimaker

3D Printing Enables Quad Lock to Keep Up with Shorter Product Lifecycles of SmartphonesSINGAPORE - Media OutReach - 31 August 2021 - Ultimaker, the global leader in professional...

Digital Wallet Group enters Singapore to expand mobile remittance technology with acquisition of RediMoney Express

SINGAPORE/TOKYO, JAPAN - Media OutReach - 31 August 2021 - International IT and fintech company Digital Wallet Group (DWG) has expanded into Singapore by acquiring licensed remittance...

Global Payments Mobile Tap Launches in Taiwan

Solution turns Android devices into contactless payment terminalsTAIPEI, TAIWAN - Media OutReach - 30 August 2021 - Global Payments Inc. (NYSE: GPN), a leading worldwide provider...

Trend Micro Detected Over 13 Million Malware Events Targeting Linux-based Cloud Environments

Coinminers, web shells and ransomware made up 56% of malwares targeting Linux systems in the first half of 2021HONG KONG SAR - Media OutReach -...

Aerospike Q2 2021 Is Best Quarter in Company’s History

Widespread Demand for Petabyte Scale, Multi-cloud AI and ML Applications Drives Momentum for Aerospike Real-time Data Platform HONG KONG SAR - Media OutReach - 30 August...

Experience World’s First-Ever Virtual Walk-Through of UNESCO World Heritage Site, Machu Picchu

Cityneon's First Foray into Artefacts IP Exhibition – Machu Picchu and the Golden Empires of Peru Brings the Ancient Andean Civilization Back...
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