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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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Sun Hung Kai & Co. Announces 2021 Interim Results

Profit Attributable to Owners up 287% to HK$2.7 billion Backed by Significant Gains in Investment Management and Strong...

Redress Design Award 2021 Finalists’ Photoshoot Offers Glimpse at Grand Final Fashion Show

HONG KONG SAR - Media OutReach - 19 August 2021 - ​​Environmental charity, Redress, releases a preview of never-before-seen runway looks from the Redress Design...

Tim Gan Math Launches Online Maths Course To Boost Learning

SINGAPORE - Media OutReach - 20 August 2021 - Tim Gan Math will soon be releasing a complete online Mathematics course to help...

yeedi mop station, A Self-Cleaning Robot Mop Hits Singapore Market with Tantalizing Perks

yeedi mop station has been the recommendation and go-to home cleaning solution for many since its SINGAPORE - Media OutReach - 20 August...

The Kingdom of Saudi Arabia Reveals the Inspired Experiences Awaiting Visitors at its Stunning Expo Pavilion

The Saudi Pavilion at Expo 2020 Dubai has been awarded the LEED Platinum Certificate from the US Green Building Council (USGBC), placing it among...

Fosun Tourism Announces 2021 Interim Results

Global Travel Restarted and Continues to Improve Financial Position Remains Healthy Long Term Growth with a Bright FutureResults HighlightsIn the first half of 2021,...
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