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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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LOCA Listed on Forbes Asia 100 to Watch

Forbes Asia Magazine announced the Forbes Asia 100 to Watch list on Tuesday which included LOCALAOS, the first Lao startup to be listed on...

HOYA launches “FULL CONTROL”, a revolutionary 4-in-1 combo for lenses that provide the ultimate eye protection to spectacle wearers

SINGAPORE - Media OutReach - 13 August 2021 - HOYA Vision Care, a leader in optical technology innovation, has launched its latest...

Amar Bank Won 2 Asia Pacific Enterprise Awards 2021

JAKARTA, INDONESIA - Media OutReach - 13 August 2021 - PT Bank Amar Indonesia Tbk ("Amar Bank"), a technology company with a banking license and Indonesia's...

Keep an Eye on Your Vision Health with Be Quinn Global’s Lumina Eye Vitamin

Lumina Eye Vitamin is formulated in Japan with three main ingredients - Lutein & Zeaxanthin, Blue Green Algae, and Prune ExtractIt addresses common vision...

Industrial & Manufacturing Employment Up 62% in Q2 2021 from Q1: Michael Page Indonesia

JAKARTA, INDONESIA - Media OutReach - 13 August 2021 - Global recruitment specialists Michael Page Indonesia witnessed the number of jobs rise in Q2 2021...

Disney+ To Launch In South Korea, Hong Kong And Taiwan In November 2021

Highly anticipated streaming service will feature a vast library of entertainment content from Disney's iconic brands - Disney, Marvel, Star Wars, Pixar, National Geographic...
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