Mr. Thipphavone said that his party chose to visit the SET because the Thai economy is strong and forging ahead to become an international market. After receiving the briefing, he believed that the Thai stock market has significantly strengthened and is interesting. The Bank of the Lao PDR will thus send staff to obtain additional information. The Lao PDR has adopted a strategy of having its own exchange, but no exact time frame has been clearly specified, and they must study other appropriate models.
Mr. Kittiratt said that: “Governor of the Bank of the Lao PDR paid special interest to the work required during the initial stages of the market, including funds required, administration, and numbers of listed companies. The Governor was also interested in the SET’s listing requirements, clearing and settlement work, as well as the past experience and challenges the SET has gone through.”
The SET is pleased to support the Lao PDR establishing its own exchange, e.g., by providing information and arranging facilities for research, and other activities that will help bring the Lao PDR’s exchange come to existence.
