Business

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8 percent to 7 percent a year as inflation remains below the government’s 8 percent target. The Monetary Policy Committee approved the cut at its meeting on 20 August, where it reviewed monetary policy, economic conditions, fuel...

Laos Studies USD 1 Billion Vientiane-Lidu Industrial Park in Pakngum

On 13 August, Laos agreed to study the development of a new industrial park...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

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...

TRON MainNet’s Fifth Anniversary: A Landmark in the Rise of a World-Leading Public Chain

NEW YORK, USA - Media OutReach - 31 May 2023 - On May 31, TRON celebrated the fifth anniversary of its MainNet launch...

BOL Shares New Credit Policy to Stimulate Lao Economy

The Bank of Lao PDR convened a meeting at the Prime Minister's Office on Tuesday to discuss implementing a new credit policy aimed at...

BingX, First CEX to Launch LSD Token Lybra Finance LBR USDT Spot Trading Pair

SINGAPORE - Media OutReach - 31 May 2023 - BingX, a...

7-Eleven Bistro Brings To You All-New Western Delights Around the Clock from Burgs, Andes by Astons and Shake Salad

Attention, all-day brunch fans! 7-Eleven is teaming up with three popular homegrown brands to launch an all-new menu of Western delights you can enjoy...

Japan’s Waseda University Students Win Inaugural Asia Pacific ULI Hines Student Competition with Plan to Transform Singapore’s Jurong Lake District

SINGAPORE - Media OutReach - 31 May 2023 - A team of four graduate students from Japan's Waseda University clinched top honours...