Laos raises bar for foreign ownership

Source: Yahoo News BANGKOK: Laos will double the proportion that foreigners can own in publicly-traded companies to meet rising demand from overseas investors, a regulator said. Overseas investors will be allowed to hold a 20 per cent stake in listed companies, up from 10 per cent, Saysamone Chanthachak, deputy secretary-general of the Securities and Exchange [...]

Posted in : Lao News

Laos raises ceiling on foreign investments in stock market

Source: Yahoo News Vientiane – Communist Laos has raised the ceiling on foreign ownership in the country’s fledgling stock exchange to 20 per cent of the two listed companies’ shares, media reports said Tuesday.

Posted in : Lao News

Laos eases foreign share-ownership restriction

Source: Yahoo News The Lao government has opened up opportunities for foreigners to buy shares in a bid to boost investment in the Lao stock market. Lao Securities Exchange Chairman and CEO Dethphouvang Moularat said y …..

Posted in : Lao News

Vietnam to build first exclusive economic zone in Laos

Source: Yahoo News Both sides agreed to build and develop the project in line with Laos’s Special Economic Zone development policy. -Vietnam News/ ANN

Posted in : Lao News

Vietnam to build first exclusive economic zone in Laos

Source: Yahoo News The company said the pact was signed by Lao Minister of Planning and Investment Somdy Douangdy and its CEO Le Van Kiem. Both sides agreed to build and develop the project in line with Laos ‘ Special Economic Zone development policy, the US$200 million company, based in the southern province of Dong [...]

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Laos, Vietnam step up war on crime in north

Source: Yahoo News Laos and Vietnam have resolved to strengthen policing of their shared border, in a bid to crack down on drug smuggling and other criminal enterprises. The agreement was reached at a meeting in Huap …..

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Laos to ramp up cattle exports

Source: Yahoo News The Laos Ministry of Agriculture and Forestry’s Agriculture and Forestry Section plans to sell 1.4 million head of cattle to neighbouring countries by 2015, especially targeting export markets along t …..

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Defence minister visits Laos

Source: Yahoo News A Thai-Lao General Border Committee (GBC) meeting and the Emerald Triangle cooperation will be among the issues to be raised for discussion during his official visit to Laos, Defence Minister Yutthasak Sasiprapa said on Thursday.

Posted in : Lao News

Laos to ramp up cattle exports

Source: Yahoo News The Laos Ministry of Agriculture and Forestry’s Agriculture and Forestry Section plans to sell 1.4 million head of cattle to neighbouring countries by 2015, especially targeting export markets along the borders with Thailand and Vietnam.

Posted in : Lao News