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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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OneDegree Completes Series B1 Funding Round in Major Step to Become Asia’s InsurTech Leader

HONG KONG SAR - Media OutReach - 30 August 2021 - OneDegree, one of Asia's fastest growing InsurTech companies, today announces that it has raised USD28...

Construction Management Awards 2020 honoured 66 winners for outstanding achievement in construction management

Cr Dr Conrad Wong, Vice President of Yau Lee Holdings, received “HKICM Outstanding Achievement” AwardHONG KONG SAR - Media OutReach - 29 August 2021...

Q P Group Announces 2021 Interim Results: Total Revenue Increases by 16.6% to HK$589.6 million

Web Sales Business Revenue Surges 37.1% to HK$93.2 millionHONG KONG SAR - Media OutReach - 27 August 2021 - Q P Group Holdings Limited ("Q P Group"...

Uni-Bio Science Group: 2021 Interim Results

Successful Turnaround to Profit-making with Record-High Turnover Expanding R&D Activity in Nanobody Drug to Diversify Product Portfolio ...

China Mobile Hong Kong Triumphs Hong Kong’s Fastest 5G Network Award by Ookla®

HONG KONG SAR - Media OutReach - 27 August 2021 - Hong Kong's leading 5G network provider China Mobile Hong Kong (CMHK) has been...

PolyU fashion design graduates shines at Fashion Show 2021 in Campus – Creative responses to the “New Normal”

HONG KONG SAR - Media OutReach - 27 August 2021 - The Institute of Textiles and Clothing (ITC) of The Hong...
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