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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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A.S. Watson Launches Foundation Finder AI Tool To Help Customers Find the Perfect Match

HONG KONG SAR - Media OutReach - 12 August 2021 - A.S. Watson Group, the world's largest international health & beauty retailer, has announced the launch...

Greater Bay Area commercial real estate market turns vibrant

Forecast total transaction volume to exceed RMB50 billion in 2021 Investors eye on tier 2, 3 cities with appetite for Industrial...

Mothercare Supports Local Partners & Parents With SG Cribs 2021 Competition

Through partnerships with local businesses, Mothercare Singapore invites the community to share stories on parenthood and family for a chance to win a nursery...

Riot Games Southeast Asia Announces Challengers Playoffs for VALORANT Champions Tour 2021: Stage 3

HONG KONG SAR - Media OutReach - 12 August 2021 - Due to emergent COVID-19 developments in our key tournament markets, the...

Online Rich establishes a cross-border e-commerce startup ecosystem to help Hong Kong’s original brands enter the global market

HONG KONG SAR - Media OutReach - 12 August 2021 - The coronavirus pandemic has brought upon unprecedented challenges to Hong Kong's economy. With a high unemployment...

Prince Group Partners with Caring for Cambodia, Sponsors Career Prep Program

Prince Charitable Foundation will work with leading education-focused charity to enhance academic and career prospects of 7,000 students in new post-pandemic normalPHNOM PENH, CAMBODIA - Media...
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