Business

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...

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...

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,...

Online Sellers Face Renewed Enforcement of Business Registration Rules

Online sellers in Vientiane must register as businesses and obtain an e-commerce licence or...

SF REIT Announces First Set of Interim Results after Listing

Operational Performance Poised to Benefit from Strong Demand for Modern Logistics and Warehousing PropertiesOperational Highlights for the Reporting Period From 29 April 2021 ("Date...

Dr. Ko Lai Hung, Chairman of Accel Group, was Awarded the “Outstanding Entrepreneur of Social Responsibility 2021”

Taking Lead to Give back to the Society, Integrating Business Decisions into Social DevelopmentHONG KONG SAR - Media OutReach - 26 August 2021 -...

The Grand Opening of the 2021 Nanhui Art Project – Turning Taitung into a Giant Art Museum

TAITUNG, TAIWAN - Media OutReach - 26 August 2021 - "The Nanhui Art Project-Sicevudan: Forward From Here," has officially begun. Starting from...

SunMirror AG Enters into Agreement to Offer to Acquire Latitude 66

ZUG, SWITZERLAND - EQS Newswire - 26 August 2021 - SunMirror AG ("SunMirror"; XETRA Vienna: ROR1; ISIN CH0396131929), a exploration company specialising in mineral...

NCS launches NEXT Cloud Centre of Excellence in Australia as part of APAC expansion

Expands on NCS' presence in Australia and aims to encourage innovation collaboration between Australia and SingaporeHelps governments and enterprise leverage digital...