Lao Securities Exchange
Encyclopedia
The Lao Securities Exchange (LSX) is the primary stock exchange in Laos
, located in the capital, Vientiane
.
has a 49-percent stake in the LSX), as well as advice from neighbouring Thailand, to help build the exchange. The glass-building cost $10 million dollars to build. It began operations on 11 January 2011.
Laos
Laos Lao: ສາທາລະນະລັດ ປະຊາທິປະໄຕ ປະຊາຊົນລາວ Sathalanalat Paxathipatai Paxaxon Lao, officially the Lao People's Democratic Republic, is a landlocked country in Southeast Asia, bordered by Burma and China to the northwest, Vietnam to the east, Cambodia to the south and Thailand to the west...
, located in the capital, Vientiane
Vientiane
-Geography:Vientiane is situated on a bend of the Mekong river, which forms the border with Thailand at this point.-Climate:Vientiane features a tropical wet and dry climate with a distinct monsoon season and a dry season. Vientiane’s dry season spans from November through March. April marks the...
.
History
In 2010, the Lao government sought technical and financial support from South Korea (Korea ExchangeKorea Exchange
Korea Exchange is the sole securities exchange operator in South Korea. It is headquartered in Busan, and has an office for cash markets and market oversight in Seoul.- History :...
has a 49-percent stake in the LSX), as well as advice from neighbouring Thailand, to help build the exchange. The glass-building cost $10 million dollars to build. It began operations on 11 January 2011.