This following the opening of Laos stock market. I’m looking forward to seeing the growth coming from the Laos, Vietnam, Cambodia and Mynamar markets for the next 10-20 years, as Thailand will only stand to benefit from those frontier markets
“I think we are now in the cycle for these four Asean markets to emerge as the new frontier growth markets and close the gap with the established Asean-5 markets of Singapore,Malaysia, Thailand, Indonesia and the Philippines,” Richardson said, referring to the Association of Southeast Asian Nations.
Cambodia had gross domestic product of $11.24 billion in 2010, World Bank data show. That’s compared with Indonesia’s $706.6 billion and Thailand’s $318.5 billion, the data show.