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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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NTRUST is Expanding to Deliver Settlement Services

SINGAPORE - Media OutReach - 5 August 2021 - NTRUST announces its expansion plans to extend its services into settlement by helping clients settle in with...

M1 Launches the Most Advanced 5G Standalone Technology in Singapore with its True 5G Network

SINGAPORE - Media OutReach - 4 August 2021 - M1 Limited (M1) has launched its True 5G network in an exclusive market trial, allowing both its...

80% of Global Organizations Expect to Experience a Breach of Customer Records in the Next Year

Trend Micro Cyber Risk Index shows organizations are at an elevated risk of attackHONG KONG SAR - Media OutReach - 4 August 2021 - Trend...

Cyberport, Ericsson, SmarTone and Unissoft Join Hands to Develop New 5G Applications, Form Hong Kong’s First 5G Edge Computing Deployment Scenario Used at Cyberport...

HONG KONG SAR - Media OutReach - 4 August 2021 - Hong Kong Cyberport, Unissoft - Cyberport Incubation Programme Alumni, SmarTone, and Ericsson announced a...

Vallen Poised for Business Expansion and Captures New Revenue Stream in the Cloud with Infor

Asia Pacific's leading provider of indirect industrial supplies taps Infor solution to launch e-commerce business and boost customer satisfactionSINGAPORE - Media OutReach - 4 August...

Condominium “The Seasons Residence” in Manila, Philippines, Receives the Highest Award in the Philippines and Five Stars in the Asia Pacific Region in “International...

-Product planning ability cultivated in domestic condominium business and solid construction design highly evaluated-TOKYO, JAPAN - Media OutReach - 4 August 2021 - Nomura Real...
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