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...

YouTrip Perks offers greater savings of up to 15% when spending with Taobao, Amazon, iHerb, Lazada and many more

Singaporeans can save with super deals from 30 popular local and international merchants including Taobao, Amazon SG, iHerb, Lazada, Nike and Klook...

Amazon Launches IP Accelerator in Singapore to Help Small Businesses Secure Trademarks and Protect Their Brands

IP Accelerator connects small and medium-sized businesses with a network of trusted Singapore Intellectual Property (IP) law firms that will charge competitive fees on...

Kenanga Investment Bank’s 1H21 net profit increases 4-fold to RM64.7 million

KUALA LUMPUR, MALAYSIA - Media OutReach - 26 August 2021 - Malaysia's leading independent investment bank, Kenanga Investment Bank Berhad ("Kenanga" or the "Group")...

CIFI Group Announces 2021 Interim Results

Revenue grew by 58.0% year on year to RMB36.4 billion and Interim dividend amounted to HK12 cents per shareRental...

HOPE Telecare seeks volunteer doctors to join telemedicine task force, Offering free virtual medical consultation for the public

YANGON, MYANMAR - Media OutReach - 26 August 2021 - In conjunction with its launch, HOPE Telecare, Myanmar's latest all-in-one digital healthcare platform, is...

DHL Supply Chain recognized as a Great Place to Work® across Asia

Its commitment to build a team of #ConnectedPeople has won itself this accolade across nine countries in the region, including a re-certification...