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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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Blockchain Security Firm CYBAVO Raises $4 million in Pre-Series A Funding Round

SINGAPORE - Media OutReach - 23 August 2021 - Singapore-based blockchain security firm CYBAVO announces that it has raised $4 million USD in...

China Lilang Announces 2021 Interim Results

Revenue Up 23.9% to RMB1,354 Million; Net Profit Amounts to RMB271 Million; Interim Dividends of HK18 Cents per ShareHONG KONG SAR - Media OutReach - 23 August...

Cushman & Wakefield Promotes Two Senior Leaders in its Global Occupier Services Business in Asia Pacific

Nick Seaton and Dawn Koo’s promotions reinforce the growth of the firm’s integrated portfolio management services HONG KONG SAR - Media...

Sa Sa Obtains Sole Distributorship of Renowned Korean Health and Beauty Brand “BB Lab”

Seizing Business Opportunities amid Pandemic to Strengthen Health & Fitness Product Portfolio HONG KONG SAR - Media...

Crypto Exchange Bybit Signs New Esports Deals With Scandinavian Powerhouses Astralis and Alliance

Nordic outfits Astralis and Alliance new additions to Bybit's expanding esports familyBybit announced three landmark esports deals in a weekTop gaming athletes to...

“AI Day 2021” to bring together world’s top-notch AI experts and researchers

HANOI, VIETNAM - Media OutReach - 23 August 2021 - The online event AI Day 2021 – Empowering Innovations, organized by VinAI ...
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