Here is the rewritten article in markdown format:
Capital Market Development in the Lao People’s Democratic Republic (Lao PDR)
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Summary
Over the last decade (2011-2020), the government of the Lao PDR has made significant efforts to improve the infrastructure, regulations, and service quality of the capital market. As a result, fundraising through the capital market has increased significantly.
Key Achievements
The development of the capital market in the Lao PDR can be attributed to several key achievements:
Strengthening Listed Companies
- There are now 11 listed companies on the LSX (Lao Securities Exchange), covering various sectors such as:
- Financial institutions
- Energy
- Agriculture-forestry
- Industry
- Trade services
Development of Securities Products
The capital market has seen significant growth in issuances of:
- Government bonds
- Shares
- Corporate bonds both domestically and abroad
Increased Foreign Investment
Foreign investors have shown interest in the Lao capital market, with several companies listing their shares on the LSX.
Conclusion
The development of the capital market in the Lao PDR has been a significant achievement over the last decade. With increased fundraising through the capital market and growth in various sectors, the future looks promising for the country’s economy.