ST-Muang Thai Insurance Co Ltd plans to become a leader in the life and non-life insurance industry and a regional company after setting up operations in Laos.
Enhancing financial transparency and crime prevention are top priorities for the government in cracking down on all forms of unlawful actions related to money laundering.
The lower interest rates provided by commercial banks have convinced many depositorsto move their cash to microfinance institutions where they can benefit from higher interest rates.
The Xayoudom Non-Deposit Taking Microfinance Institution plans to increase its registered funds after making good business progress since its establishment.
Some 50 representatives from the business sectors have learnt about taxation systems and value-added tax (VAT) through a recent meeting in Vientiane.
Banque pour le Commerce Exterieur Lao Public (BCEL) and Lao-China Securities Company Limited (LSC) on Friday signed an agreement on financial advisory services.
Banque pour le Commerce Exterieur Lao (BCEL) has expanded its cooperation with the Bank of China (BOC) in developing customer service as part of a drive for increased business growth.
Non-Deposit Taking Microfinance Institutions (NDTMIs) still face various challenges in their operations and organisational development to meet international standards despite continued growth in the sector.
Business units with annual income of 400 million kip or more must hold bank accounts and move to employ electronic systems to ensure proper taxes are paid to the government.
The new General Manager of Toko Assurance, Mr Bong Young Choy, has launched a comeback action plan to better manage the company's operations and strengthen services for customers.