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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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Zi.Care’s Successful Closure of Seed Round to Boost Growth

HONG KONG SAR - Media OutReach - 19 August 2021 - As one of the pioneering Health Technology Startups which...

KYAN Therapeutics Announces Collaboration with Institute of Molecular and Cell Biology for Accelerated Drug Discovery and Development of Nucleic Acids

SINGAPORE - Media OutReach - 19 August 2021 - KYAN Therapeutics, Inc. (KYAN), a developer of optimised therapeutics, and the Agency of Science, Technology...

CUHK Business School Research Looks at How Earthquake Experiences Affected People’s Spending Habits in China

HONG KONG SAR - Media OutReach - 19 August 2021 - China has seen some of the most destructive earthquakes in history. For example, the devastating 2008...

Bybit Announces Sponsorship of Legendary Esports Team NAVI

Fast growing crypto exchange meets esports legend on meteoric riseBybit says this marks the beginning of its foray into esports collaborationsNAVI players to...

Love, Bonito Takes Over Hong Kong’s Iconic Trams to Celebrate New Local Online Experience

Five week tram presence along with month-long social campaign commemorates the launch of localised website providing Hongkongers a seamless online shopping experience HONG...

The rise and rise of TECNO

DELHI, INDIA - African Media Agency - 18 August 2021 - In cities like Lagos, Nairobi and Addis Ababa, busy streets are...
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