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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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JWA Dubai launches inaugural call for entries

HONG KONG SAR - Media OutReach - 16 August 2021 - The Jewellery World Awards (JWA), a prestigious and well respected event for...

Jockey Club Engage Digital Exploration, Helping Local NGOs Thrive with Video Storytelling, Three Winners Shortlisted as Catalysts for Social Impact

HONG KONG SAR - Media OutReach - 16 August 2021 - Jockey Club Engage Digital Exploration (JC ENGAGE) has just completed the first round of Video Storytelling workshop...

foodpanda Launches pandamart Virtually

foodpanda announced the launch of its 1st pandamart for Laos yesterday. foodpanda’s grocery cloud store provides consumers with convenient and easy access to more than...

Razer Merchants Services Bags Best Non-Bank FPX Acquirer Award By Paynet For Industry Leading Growth

Razer Merchant Services awarded the Best Non-Bank FPX Acquirer at PayNet Malaysia’s Malaysian e-Payments Excellence Award 2021 for number of merchants acquired, FPX...

Osler Health International launches health app, myOslerHealth, for improved data accessibility

SINGAPORE - Media OutReach - 16 August 2021 - Finding a trusted healthcare provider is a priority, especially when you're not in your home...

SonicWall: Record 304.7 Million Ransomware Attacks Eclipse 2020 Global Total in Just 6 Months

Ransomware showed massive year-to-date spikes in the U.S. (185%), U.K. (144%)Ryuk, Cerber, SamSam top families of the year, making up 64% of...
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