LIST­INGS STRUG­GLE TO GROW ALONG­SIDE DE­VEL­OP­MENT

Southeast Asia Globe - - Agenda -

De­spite a boom in Laos’ de­vel­op­ment, the coun­try has seen only seven com­pa­nies list with the Lao Se­cu­ri­ties Ex­change since its launch in 2011. The ex­change aims to in­crease the num­ber to 25 or 35 by 2020 – but, given that no more than two com­pa­nies go pub­lic each year, the dras­tic in­crease in a short time pe­riod may prove a chal­lenge. An­a­lysts say poor cor­po­rate gov­er­nance and trans­parency will in­hibit the ex­change’s de­sired growth.

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