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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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IFTA Fintech Achievement Awards 2020 Winners Announced Recognizing Outstanding Fintech Enterprises and Professionals

Former HKMA Chief Executive Norman Chan and former MPFA Deputy Chairman and Managing Director Alice Law crowned prestigious Iconic StarsHONG KONG SAR - Media OutReach -...

TÜV Rheinland’s Webinar: Greener Finance’s best friends – ESG ratings and Technical standards

HONG KONG SAR - Media OutReach - 19 August 2021 - The world has agreed to Green/Sustainable Finance as one of the major tools for...

Virtus Medical acquired International Medical Center – Beijing

HONG KONG SAR - Media OutReach - 19 August 2021 - Virtus Medical Group (Virtus) is pleased to announce that the Group has acquired 70%...

NTT and i-CABLE announce strategic alliance to address the evolving network demands of Hong Kong enterprises

Major initiatives include managed network services, call-center-as-a-service (CCaaS) and managed data center offeringsHONG KONG SAR - Media OutReach - 19 August 2021 - NTT Ltd., a global...

CPA Australia: Technology integration a boon for Malaysian Businesses

KUALA LUMPUR, MALAYSIA - Media OutReach - 19 August 2021 - Over 80 percent of Malaysian businesses surveyed by CPA Australia, one of the...

JY Grandmark 2021 Interim Results Announcements

Contracted Sales and GFA Increased SignificantlySteady Growth in RevenueSuccessful Implementation of Development Strategy on Urban RenewalForged New Business Driver ...
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