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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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Food-tech startup Shandi raises second seed round to manufacture plant-based chicken in Singapore

SINGAPORE - Media OutReach - 18 August 2021 - Plant-based food-tech company Shandi has closed its second seed round led by Singapore-headquartered Tolaram –...

Asia’s Largest Tech-Enabled Professional Learning Platform SpeakIn Officially Launches in Singapore

SINGAPORE - Media OutReach - 18 August 2021 - SpeakIn, Asia's largest tech-enabled professional learning platform, today announced their official launch in Singapore with aspirations...

Test Cybersecurity Skills in Global Capture the Flag Competition

Trend Micro’s annual event builds security skills in the industry’s most critical areas of needHONG KONG SAR - Media OutReach - 18 August 2021...

Successful Job Movement Up 45% in Q2 2021 from Q1: Michael Page Philippines

MANILA, PHILIPPINES - Media OutReach - 18 August 2021 - Global recruitment specialists Michael Page Philippines witnessed the number of successful job...

DHL sees surge in road logistics in Southeast Asia

New DHL whitepaper: renewed economic growth in ASEAN countries will give rise to demand for logistics services as trade recoversRoad freight...

Entrust partners with MK Group to issue 50 million cards for Vietnam’s Chip-Based National ID Card project

The project is the combination of Entrust’s advanced card issuance solutions and MK Group’s deep local footprint to enhance security and safety of the...
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