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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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Ten Most Crucial Events of the Decade: The Release of Special Forex Industry Analytics

KUALA LUMPUR, MALASIA - Media OutReach - 25 August 2021 - The international Forex broker OctaFX turns ten years old. This past decade culminates in 6.6 million...

PhD Education Releases New Edition For Secondary 2 Maths Exam Bundle

SINGAPORE - Media OutReach - 25 August 2021 - PhD Education announces a new edition to its Secondary 2 Mathematics Exam Package, alongside its...

Netccentric Delivers Strong H1 FY2021 With Revenue Climbing 60%

KUALA LUMPUR, MALAYSIA - Media OutReach - 25 August 2021 -    HIGHLIGHTS:Strong revenue growth in the half year ("H1") ended...

More than 100,000 SKUs of Electrical Components Goes Digital on ElectGo.com: A B2B E-Commerce Platform

SINGAPORE - Media OutReach - 25 August 2021 - ElectGo.com is a B2B e-commerce industrial marketplace that focuses on Electrical, Control, Lighting, and Safety...

Summit Ascent Holdings Limited Reports Unaudited Interim Results For 1H 2021

Initial Recovery Observed as Total Revenue IncreasedTigre De Cristal Adjusted EBITDA Grew 1.3 Times Sequentially Albeit CovidLocal Mass & Slots Businesses Offered Downside Protection During...

Office Rental Premium Between Singapore and Hong Kong Narrowed Markedly Over Last Five Years to 108% in 2020

Positioning of both cities as regional hubs driven by target business geographiesHONG KONG SAR - Media OutReach- 24 August 2021 - The office rental...
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