The National Bank of Cambodia and Bank of the Lao PDR, the central banks of the two countries, recently launched a payment system based on QR codes. The goal of the program is to “promote the usage of national currency,
Tag: Laos
MICROCAPITAL BRIEF: Laos Launches $40m MSME Pandemic Relief Project with World Bank Loan Proceeds
The Ministry of Industry and Commerce of Lao People’s Democratic Republic (PDR) recently announced it is borrowing USD 40 million from the World Bank in an effort to help micro-, small and medium-sized enterprises (MSMEs) recover from the COVID-19 pandemic. The terms of the loan