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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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Kerry Logistics Network Utilises Koolbotic to Sort Chilled Products in F&B Operation

HONG KONG SAR - Media OutReach - 11 August 2021 - Kerry Logistics Network Limited ('Kerry Logistics Network'; Stock Code 0636.HK) is utilising...

Angkasa-X partners with Silkwave and with the support of Bank of Asia aims to develop Penang as ASEAN’s regional space technology ecosystem hub

PENANG, MALAYSIA - Media OutReach - 11 August 2021 - The Angkasa-X Group of Companies (Angkasa-X) has announced plans to transform Penang into...

SUNeVision Collaborates with Tencent Cloud to Extend Cloud Connectivity in Asia

HONG KONG SAR - Media OutReach - 11 August 2021 - SUNeVision Holdings Ltd. ("SUNeVision"; SEHK: 1686), the number one data centre provider in Hong Kong,...

Malaysia’s e-signature market is projected to grow, and Signitory will play a role in this new e-business revolution

KUALA LUMPUR, MALAYSIA - Media OutReach - 11 August 2021 - With the advancement of technology, Malaysia is increasingly becoming a digital economy. Malaysia is a ...

OctaFX Asks Malaysian Celebrities What They Learnt from Their Journey to Prosperity

KUALA LUMPUR, MALAYSIA - Media OutReach - 11 August 2021 - The global broker continues interviewing Malaysian stars for its show 'OctaFX: Honest Stories of...

The #DFA2021 – Leading the Financial Services Industry Through Its Digital Transformation

JOHANNESBURG, SOUTH AFRICA - Media OutReach - 11 August 2021 - The Digital Finance Africa 2021 virtual summit is the definitive annual event on technology leadership in...
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