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...

RICOH establishes strategic partnership with Macroview Telecom, a HGC Group Company and Check Point

Launches Ricoh Cyber Security Management Service – the New Security Operations Center and Cyber Security Solutions Dismantling the Fallacy of Digital Business, Blocking the...

AXA Hong Kong and HSBC jointly launch Overseas StudySurance

Offers top-notch medical expenses coverage of up to HKD2,500,000 Comprehensive coverage with tailored protection to give peace of mind...

Arup celebrates 45 years of transforming Hong Kong

HONG KONG SAR - Media OutReach - 23 August 2021 - Arup, a global built environment consultant, celebrates its 45th anniversary in Hong Kong with...

Kestrel Advocates Outcome-based Security Solutions For Effective Threat Detection And Management

SINGAPORE - Media OutReach - 23 August 2021 - Kestrel Investigation and Services Pte Ltd ("Kestrel"), a premier security company in Singapore, promises...

IT Block Introduces Data Centre Colocation Services

IT Block’s latest service helps enterprises design, install, provision, and maintain their server rooms, thereby allowing them to save on resources that can be...

Signitory: Digital Signatures to be Part of New Norm Post-Pandemic

KUALA LUMPUR, MALAYSIA - Media OutReach - 23 August 2021 - Increased remote work requirements have prompted companies to embrace digital...