Business

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8 percent to 7 percent a year as inflation remains below the government’s 8 percent target. The Monetary Policy Committee approved the cut at its meeting on 20 August, where it reviewed monetary policy, economic conditions, fuel...

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

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...

Alibaba Cloud Debuts Its Sustainability Solution at i Light Singapore 2023

AI-powered show to launch an immersive light experience with sustainability as a spotlight SINGAPORE - Media OutReach - 1 June 2023 -...

Happy Rainy Days Announces Launch of the Perfectly Functional Umbrella

SINGAPORE - Media OutReach - 1 June 2023 - Happy Rainy Days, a Hong Kong brand with a mission to brighten up every...

IDC MarketScape names Infobip as a Leader in the Communications Platform as a Service for the second time

KUALA LUMPUR, MALAYSIA - Media OutReach - 1 June 2023 - Global cloud communications platform Infobip has been named a...

GSS 2023 goes online with month-long Great Shopee Sale starting 6.6

Shoppers can look forward to exciting rewards this mid-year season on Shopee, including earning over 100 million Shopee Coins with Daily Shopee Shake gameSINGAPORE...

OctaFX: Bank Negara Malaysia (BNM) is unlikely to raise interest rates as core inflation eases

Will BNM hit the brakes on monetary tightening and leave the rates unchanged: Kar Yong Ang, the OctaFX financial market analyst, shares his opinion....

Immortalize Launches Singapore’s First End-of-Life, Legacy Planning Card Game

Singapore - Media OutReach - 1 June 2023 - Immortalize, a Singapore-based elderhood marketplace and information provider, is proud to announce the...