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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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Say Goodbye to the Diamond Industry: Princess Gem Offers Lab-Grown Moissanite Engagement Rings at Honest Prices

Princess Gem presents the new era of engagement rings with sustainable moissanite gemstones for socially conscious couples in Singapore.SINGAPORE - Media OutReach - 10 August 2021...

Bread Garden Goes Oriental Elegance With Mooncake Collection for Mid-Autumn 2021

SINGAPORE - Media OutReach - 10 August 2021 - Bread Garden, a popular and highly reviewed mooncake brand in Singapore, is heralding in the celebrations...

The best duo: Towngas becomes MICHELIN Guide Hong Kong Macau 2021 Official Energy Partner

Five Michelin Star Chefs feature in videos to educate audiences about signature dishes on Towngas Cooking YouTube channel ...

SunMirror AG: General Meeting elects Lester Kemp as new member of the Board of Directors

ZUG, SWITZERLAND - EQS Newswire - 10 August 2021 - On the occasion of today's Extraordinary General Meeting of Shareholders, the shareholders of SunMirror AG ("SunMirror";...

National Assembly Tells Government To Tax Online Vendors

Members of the National Assembly have asked the Lao government to begin collecting taxes from those selling products and services online. According to a report...

China Tower 5G development gains traction and Two Wings business scales rapidly, Profit attributable to owners of the Company increased by 16.1%

SINGAPORE - Media OutReach - 9 August 2021 - The world's largest telecommunications infrastructure service provider China Tower Corporation Limited ("China Tower", or the "Company") (Stock...
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