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...

Study: One year later, students and educators in Asia Pacific are beginning to crack the code for online learning

New study from Lenovo and Microsoft shows enormous opportunities in e-learning, but limited adoption of full range of solutionsChallenges such as such...

Industrial Technology Research Institute (ITRI) Borrows Experience of EU Experts to Explore New Business Opportunities in Solar Energy Circular Economy

TAIPEI, TAIWAN - Media OutReach - 24 August 2021 - The lifespan of solar photovoltaic (PV) panels can reach 30 years,...

Vingroup’s leader shares information about their battery strategy for Vinfast’s electric vehicles

Battery for electric vehicles (EVs) that can charge to 80% in five minutes, 100% solid-state battery without risk of fire with capacity three times...

Arlo Wins Three 2021 Red Dot Design Awards

Essential Wireless Video Doorbell, Essential Spotlight Camera and Pro 3 Floodlight Camera Recognised for Standout Design SINGAPORE - Media OutReach - 24 August 2021 - Arlo...

Falcon Mobility Launches New Ultra-Lite 2 Electric Wheelchair

SINGAPORE - Media OutReach - 24 August 2021 - Falcon Mobility is excited to announce the launch of its new lightweight Ultra-Lite 2...

Total Information Management Corporation joins hands with Nexusguard to build the first true-hybrid DDoS Scrubbing Center in the Philippines

Transforming into a Managed Security Service Provider enables TIM to offer carrier grade Managed DDoS Protection Services in the PhilippinesMANILA, PHILIPPINES - Media OutReach - 24...