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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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Crypto Exchange Bybit Backs Esports Heavyweight Virtus.pro

Russia's most decorated esports club teams up with the go-to platform for crypto loversBybit closes its fourth professional gaming sponsorship deal this...

Final Call for FUNtastic Summer – Explore Discovery Bay with Keigo Family Characters and enjoy FUNtastic Summer Double Rewards

HONG KONG SAR - Media OutReach - 25 August 2021 - Summer is coming to an end soon, and you...

Achiko’s rapid Covid-19 diagnostic test AptameX(TM) receives product and registration approval from Indonesia’s Ministry of Health

AptameX™, Achiko's breakthrough DNA aptamer-based diagnostic test for Covid-19, received product and registration emergency use approval from the Ministry of Health in...

Razer Delivers Record High Revenue And Net Profit Of US$31 Million For The First Half Of 2021

Invest for growth to achieve long-term growth ambitionsHONG KONG SAR - Media OutReach - 25 August 2021 - Razer™ ("Razer" or the "Company",...

LUX Spotlights Everyday Sexism Around the World by Asking Men to Walk in Women’s Shoes

Global beauty brand’s collaboration with online platform City Walks aims to turn men into allies through direct experience of the female perspective ...

Zurich Hong Kong launches “Helpersafe” Domestic Helper Insurance Plan, with multiple new protections that expand the scope of support for employers and domestic helpers

Boasts multiple new protections, including replacement expenses caused by a domestic helper's resignation within three months of the initial contract, or intentional/negligent injuries to...
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