Since its debut in 2011, three companies — EDL Generation, Banque Pour Le Commerce Exterieur Lao and Lao World — have listed on the LSX.   

Mr Dethphouvang projects the number of listed companies to increase from five in 2015 to 26 by 2020. Most of the potential firms are power-generating companies.

Laos currently has a very small market, but with its proximity to Thailand and its natural resources in water/hydro power generation, Laos will continue to be in the news for any utility related businesses. Now just because they have an incredibly small market doesn’t mean opportunities don’t exist,  I remember 2 years ago when EDL Generation was trading with a dividend yield of 16%, that’s not too bad for a utility co…

Source: Bangkok Post