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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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Industrial & Manufacturing Employment Up 60% in Q2 2021 from Q1: Michael Page Singapore

SINGAPORE - Media OutReach - 5 August 2021 - Global recruitment specialists Michael Page Singapore witnessed the number of jobs rise in Q2 2021...

Advanced Energy Launches Programmable DC Power Supplies for the Test and Measurement Market

New iLS Series features industry-leading small footprint, high-power density and patented wireless remote senseDENVER, COLORADO - Media OutReach - 5 August 2021 - Advanced Energy (Nasdaq:...

SMEs Making Strides In Workforce Training, But More Can Be Done

NTUC LHUB saw a 75% increase in SME training places in the past yearDespite that, SMEs (49%) are least likely to train employees, as...

Incomlend Announces Multi-Million Invoice Financing Programme to Support Fashion Tex Asia Ltd and Sadat Apparels Ltd Meet Seasonal Demand in the United States

Quick Turnaround Facility Allows the Companies to Seize New and Growing Revenue Opportunities in the Bangladesh Booming Export MarketDHAKA, BANGLADESH - Media...

First-ever Hang Seng Index Warrants by Kenanga

Set to boost trading appetite of tradersKUALA LUMPUR, MALAYSIA - Media OutReach - 5 August 2021 - Hang Seng Index ("HSI") structured warrants issued by Kenanga...

AC Energy and NEFIN Joint Venture to Offer Carbon Neutrality Solutions Across Asia

AC Energy subsidiary to enter a joint venture with NEFIN to develop, construct, and operate rooftop solar projects across AsiaPrimary infusion of...
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