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...

ECOVACS partners Shopee in Thailand to get homeowners to “Trade Up for the Latest DEEBOT” and usher a new era of smart and modern...

The “Trade Up for the Latest DEEBOT” campaign tells consumers it’s “Time to Switch to Something Smarter” by simply uploading their purchase receipts and...

ECOVACS partners Shopee in Vietnam to get homeowners to “Trade Up for the Latest DEEBOT” and usher a new era of smart and modern...

The “Trade Up for the Latest DEEBOT” campaign tells consumers it’s “Time to Switch to Something Smarter” by simply uploading their purchase receipts and...

ECOVACS partners Shopee in Indonesia to get homeowners to “Trade Up for the Latest DEEBOT” and usher a new era of smart and modern...

The “Trade Up for the Latest DEEBOT” campaign tells consumers it’s “Time to Switch to Something Smarter” by simply uploading their purchase receipts and...

ECOVACS partners Shopee to get homeowners to “Trade Up for the Latest DEEBOT” and usher a new era of smart and modern home cleaning...

The “Trade Up for the Latest DEEBOT” campaign tells consumers it’s “Time to Switch to Something Smarter” by simply uploading their purchase receipts and...

ECOVACS partners Shopee in Malaysia to get homeowners to “Trade Up for the Latest DEEBOT” and usher a new era of smart and modern...

The “Trade Up for the Latest DEEBOT” campaign tells consumers it’s “Time to Switch to Something Smarter” by simply uploading their purchase receipts and...

Bybit Brings Annual Trading Competition World Series of Trading (WSOT) 2021 to the Next Level With Record $7.5M Prize Pool

4.9x bigger prize pool than last year at up to 7.5m USDT & NFT additionLargest WSOT donation to UNICEF at $400,000 in BTC...