Business

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...

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...

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,...

Online Sellers Face Renewed Enforcement of Business Registration Rules

Online sellers in Vientiane must register as businesses and obtain an e-commerce licence or...

Dilys’ Collection Partners with Dog Rescue Action International to Launch Online Charity Campaign: ‘Honour Life, Pets for Life’

Helping humans in despair, with dogs in need of care. Hong Kong’s high jewellery designer raises awareness for abandoned pups and mental health conditions...

KingHash Platform Global Launch Event, Filecoin Computing Power Begins Global Simultaneous Sale

KingHash builds a "convenient mining" turnkey intelligent mining platform. Filecoin computing power is on sale globally.SINGAPORE - Media OutReach - 6 August 2021 - Recently, KingHash held...

“JFOODO Japanese Wine Promotion” Makes a Comeback! Joins Hands with Renowned Restaurants; Makes Japanese Wines Pairing with Food Delectable 

Japanese Wines Export Outgrew Other Alcohols Export to Hong Kong Scored a record-high 5-fold RiseHONG KONG SAR - Media OutReach - 6 August 2021 - The...

Estonian Startup Income Announces Funding Round with Tolaram Fintech as Lead Investor

SINGAPORE - Media OutReach - 6 August 2021 - Tallinn based fintech startup Income has launched a seed funding round by signing lead investor Tolaram...

SLP Breaks Ground on Inaugural 89,000 SQM Logistic Development in Vietnam

SLP Park Hai Phong is strategically located in Dinh Vu-Cat Hai Economic Zone and will include six warehousesHO CHI MINH CITY, VIETNAM - Media OutReach -...

Show Local Businesses Your Support this National Day with iShopChangi’s ‘GoLocal, ShopLocal’ Campaign

Support Singapore's top brands this National Day by diving into iShopChangi's 'GoLocal, ShopLocal' campaign. From August 1 to 31, grab exclusive deals and up...