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...

Limitless Technology Expands to Australia with “Bloomeroo”

The successful internet holding company launched an online flower delivery service down southPERTH, AUSTRALIA - Media OutReach - 18 August 2021 - Six years after...

Grab a Taste of Thailand at 7-Eleven with an all-new line-up of tempting Thai dishes to go

A wide selection of new Thai-inspired dishes are coming your way from 18 August! SINGAPORE - Media OutReach - 18 August 2021 - It's no secret that...

Quantron Supports IKEA’s Emissions-free Delivery

HONG KONG SAR - Media OutReach - 17 August 2021 - Quantron, strategic partner of Ev Dynamics, delivers 30 electric vans to IKEA Austria.Andreas Haller, founder and...

Apidays Hong Kong 2021: Deep Diving the Open API, Open Banking & Data Ecosystem in Hong Kong

HONG KONG SAR - Media OutReach - 17 August 2021 - Apidays LIVE Hong Kong 2021, the biggest API-first virtual conference in Hong Kong, unveils the schedule & agenda...

NCD Group Embarks on Digital Vision with Infor

Infor’s ERP solution will grant Mongolian developer and construction giant the precision and control it needs to optimize its business processesULAANBAATAR, MONGOLIA - Media OutReach...

PMI and Deloitte Consulting Southeast Asia announce collaboration to propel growth of Project Management in the region

SINGAPORE - Media OutReach - 17 August 2021 - Project Management Institute ("PMI") and Deloitte Consulting Southeast Asia ("Deloitte") today announced their collaboration ...