20 May '11, 4pm

New exchanges in Laos, Cambodia offer wider choice for investors: By Rachel Kelly | Posted: 20 May 2011 2355 hrs...

New exchanges in Laos, Cambodia offer wider choice for investors: By Rachel Kelly | Posted: 20 May 2011 2355 hrs...

SINGAPORE : Investors eyeing opportunities in Southeast Asia will have a wider choice, as new stock exchanges open in Laos and Cambodia. But experts said it may take some time for them to attract foreign funds. One reason is that there are still gaps in regulations. In addition, local companies will require time to adjust to the listing environment. Frontier economies such as Indonesia and the Philippines have been the apple of some investors' eye as they look to tap into growth in emerging economies. Laos, which has enjoyed average GDP growth of around 8 per cent for the last four years, launched its exchange earlier this year with two listed companies and a few in the pipeline. Experts said it could hold some potential but it will take some time for the market to be sweet enough for international investors to take a bite. William Greenlee, country managing director (Lao ...

Full article: http://www.channelnewsasia.com/stories/marketnews/view/11...

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