Cambodian PM names 3 likely listings on new bourse
PHNOM PENH, Feb 3 (Reuters) - Prime Minister Hun Sen said on Wednesday three state firms could be among the first to list on Cambodia's new stock market, although an official involved in the project said it may not be ready until the end of the year.
"Our Cambodia is creating a stock market, its headquarters are almost finished," Hun Sen told more than 1,000 accountancy graduates in Phnom Penh.
"So, in a short time, we will have a stock market, and some state firms and private enterprises will get listed there."
Hun Sen mentioned three candidates for a listing -- Sihanoukville Autonomous Port, the Phnom Penh Water Supply Authority and Electricite du Cambodge, the state power company.
The finance ministry has previously suggested the port operator, the water utility and Telecom Cambodia, the national phone company, could seek a listing.
The exchange will be in a new financial district being built by South Korean-backed World City on the outskirts of Phnom Penh, the capital of the Southeast Asian country.
It was supposed to open in September 2009. When that date passed, government officials mentioned January or February as a possible start date for trading, even if the headquarters wasn't fully ready by then.
Ming Bankosal, director general of the Securities Exchange Commission of Cambodia, told Reuters on Wednesday the bourse would probably be up and running at the end of this year, adding that some regulatory laws had already been drawn up.
"We planned to operate at the end of 2009 but the situation was not fruitful. The economic crisis also affected us," Ming Bankosal said.
"We would rather be late than have it one or two years and then it collapses," he said.
"We plan to open it at the end of the year but that will depend on whether companies are ready," he said, adding Cambodian firms would need to be more transparent.
Ming Bankosal said some private companies had expressed an interest in listing shares, but he declined to name them. Financial companies have until March 1 to submit applications to operate as underwriters, brokers, dealers and investment advisers. (For a feature on the stock market, click [ID:nBKK492057]) (Reporting by Prak Chan Thul; Editing by Alan Raybould) (prak.chanthul@thomsonreuters.com; +855 2 399 2102; Reuters Messaging: prak.chanthul.reuters.com@reuters.net))
From 2004 to 2007, the economy grew about 10% per year, driven largely by an expansion in the garment sector, construction, agriculture, and tourism. Growth dropped to below 7% in 2008 as a result of the global economic slowdown. With the January 2005 expiration of a WTO Agreement on Textiles and Clothing, Cambodian textile producers were forced to compete directly with lower-priced countries such as China, India, Vietnam, and Bangladesh. The garment industry currently employs more than 320,000 people and contributes more than 85% of Cambodia's exports. In 2005, exploitable oil deposits were found beneath Cambodia's territorial waters, representing a new revenue stream for the government if commercial extraction begins. Mining also is attracting significant investor interest, particularly in the northern parts of the country. The government has said opportunities exist for mining bauxite, gold, iron and gems. In 2006, a US-Cambodia bilateral Trade and Investment Framework Agreement (TIFA) was signed, and several rounds of discussions have been held since 2007. Rubber exports declined more than 15% in 2008 due to falling world market prices. The tourism industry has continued to grow rapidly, with foreign arrivals exceeding 2 million per year in 2007-08, however, economic troubles abroad have dampened growth in 2009. The global financial crisis is weakening demand for Cambodian exports, and construction is declining due to a shortage of credit. The long-term development of the economy remains a daunting challenge. The Cambodian government is working with bilateral and multilateral donors, including the World Bank and IMF, to address the country's many pressing needs. The major economic challenge for Cambodia over the next decade will be fashioning an economic environment in which the private sector can create enough jobs to handle Cambodia's demographic imbalance. More than 50% of the population is less than 21 years old. The population lacks education and productive skills, particularly in the poverty-ridden countryside, which suffers from an almost total lack of basic infrastructure.
The government of Laos, one of the few remaining one-party Communist states, began decentralizing control and encouraging private enterprise in 1986. The results, starting from an extremely low base, were striking - growth averaged 6% per year from 1988-2008 except during the short-lived drop caused by the Asian financial crisis that began in 1997. Despite this high growth rate, Laos remains a country with an underdeveloped infrastructure, particularly in rural areas. It has a rudimentary, but improving, road system, and limited external and internal telecommunications. Electricity is available in urban areas and in many rural districts. Subsistence agriculture, dominated by rice cultivation in lowland areas, accounts for about 40% of GDP and provides more than 70% of total employment. The government in FY08/09 received $560 million from international donors. Economic growth has reduced poverty rates from 46% in 1992 to 26% in 2009. The economy has until recently benefited from high foreign investment in hydropower, mining, and construction. Laos gained Normal Trade Relations status with the US in 2004, and is taking steps required to join the World Trade Organization, such as reforming import licensing. Related trade policy reforms will improve the business environment. On the fiscal side, Laos launched an effort to ensure the collection of taxes in 2009 as the global economic slowdown reduced revenues from mining projects. Simplified investment procedures and expanded bank credits for small farmers and small entrepreneurs will improve Lao's economic prospects. The government appears committed to raising the country's profile among investors. The World Bank has declared that Laos's goal of graduating from the UN Development Program's list of least-developed countries by 2020 is achievable. According Laotian officials, the 7th Socio-Economic Development Plan for 2011-2015 will outline efforts to achieve Millennium Development Goals.
Just wonder that is it possible in the future that Asian countries could ever be the union countries like the European Union with one currency and one passport ?
-- Edited by Dark Angel on Saturday 13th of February 2010 08:21:53 AM
As a Thai, I would wholeheartedly support "Laos" Do you know? that almost big business in Cambodia that which owned by Thai businessmen has already transferred to Laos.
Just reading Prachachart Business and The Nation Newspaper. We all would know that Laos has much higher advantages than Cambodia.
So my conclusion is "Laos will defeat Cambodia in terms of economy in the next ten years"
I judge everything from reading the economy's outline in 2008-09 of both Laos and Cambodia.
More political parties more ideas, and more problems and more fights like Thailand and more troubles. One political party is less headache no argument and no debate with the other parties who might not agree with the decisions and then nothings could be done but delay. One party who could make all the decision for all the people of the country could get thing done much fast and better .
Is that why more local Laotian won't even have land to live and Laos is still on the list of the third world country?
Somebody must sacrifice for the country only few hundred families lost their land compare to 6.5 million People will benefit from that. Laos is the list of the third world country so do Vietnam, North Korea , Cuba, Cambodia , Myanmar, Philippines, Pakistan and hundred more countries so no big deal.
No big deal? to day few hundred families to morrow the who country. You give them an inch the next thing they'll take your whole yard / country! NOOOOOOOOOO BIIIIIIIIG deal? WRONG!!
Lao people don't have any choice . All the decisions are made for all the people for the whole country . The people don't need to know what the government are doing and it is not their jobs . When the government tell people to move that the government want the people land for development and it good for the country so just do it.
Do you think the whole country is benefiting or only going in one the high rank official's pocket?
As a Thai, I would wholeheartedly support "Laos" Do you know? that almost big business in Cambodia that which owned by Thai businessmen has already transferred to Laos.
Just reading Prachachart Business and The Nation Newspaper. We all would know that Laos has much higher advantages than Cambodia.
So my conclusion is "Laos will defeat Cambodia in terms of economy in the next ten years"
I judge everything from reading the economy's outline in 2008-09 of both Laos and Cambodia.
Thank you, we need all the help we could get specially the way to sea , railroads .
As a Thai, I would wholeheartedly support "Laos" Do you know? that almost big business in Cambodia that which owned by Thai businessmen has already transferred to Laos.
Just reading Prachachart Business and The Nation Newspaper. We all would know that Laos has much higher advantages than Cambodia.
So my conclusion is "Laos will defeat Cambodia in terms of economy in the next ten years"
I judge everything from reading the economy's outline in 2008-09 of both Laos and Cambodia.
Thank you, we need all the help we could get specially the way to sea , railroads .
It is Thailand to say that we need help from Laos in terms of electric
supplies. Anyway, thanks for your comments! Laos is connected to
the economic powerhouse countries like Thailand and Vietnam.
Don't forget that Laos is not anymore Land Locked Country
Right now, Laos is "Land Link Country" that's why there are
As a Thai, I would wholeheartedly support "Laos" Do you know? that almost big business in Cambodia that which owned by Thai businessmen has already transferred to Laos.
Just reading Prachachart Business and The Nation Newspaper. We all would know that Laos has much higher advantages than Cambodia.
So my conclusion is "Laos will defeat Cambodia in terms of economy in the next ten years"
I judge everything from reading the economy's outline in 2008-09 of both Laos and Cambodia.
Thank you, we need all the help we could get specially the way to sea , railroads .
It is Thailand to say that we need help from Laos in terms of electric
supplies. Anyway, thanks for your comments! Laos is connected to
the economic powerhouse countries like Thailand and Vietnam.
Don't forget that Laos is not anymore Land Locked Country
Right now, Laos is "Land Link Country" that's why there are
a lot of construction sites in Vientiane!
Regard : a Thai SMEs businessman
Sometime there are some bodies who hate to see Laos go head and would like to pull Laos back from progress so they could take adventages from Laos economically and politically . As we all know Laos couldn't afford to be isolated country . Laos has to improve the good relationship with all neighbouring countries specially Thailand because every things have happening in Thailand have been affecting Laos economically.
As a Thai, I would wholeheartedly support "Laos" Do you know? that almost big business in Cambodia that which owned by Thai businessmen has already transferred to Laos.
Just reading Prachachart Business and The Nation Newspaper. We all would know that Laos has much higher advantages than Cambodia.
So my conclusion is "Laos will defeat Cambodia in terms of economy in the next ten years"
I judge everything from reading the economy's outline in 2008-09 of both Laos and Cambodia.
Why do Thai big business men move to Laos? Because now South Korea are the big business country in Cambodia not Thailand anymore. They keep coming like rain. Another reason, because of political issue, Cambodian barely buy good from Thailand. Since the south Korea started business in Cambodia. A lot of countries are coming, such as china, Malaysia, Indonesia, Philippines, Vietnam and USA start to built their business in Cambodia. I think that the reason why Thai businesses are moving out. If you look back in 1998-2003, there are a lot of big businesses that own neither by Thai or Chinese. But after 2005 or later, Thai businesses in Cambodia are getting lower. However, if you look to future like the next 10 years, Cambodia may have their own business rather than foreign company. I see now a lot of big companies are being built by Cambodian now. Such as, hotels, Food productions and housing.
I wish that Laos will do better soon. Please do your best. That how Cambodian felt like 10 years ago. People thought that Cambodia wouldn't be like it neighbor. Still poor, no jobs for people. But 10 years later, i see some improvement. Time is changing. I think Laos also can do this. Just wait for the right time.
UDOMXAY,LUANGNAMTHA IS STILL BUYING THE ELECTRICITY FROM YUNNAN CHINA.AND THERE ARE THOUNSAND OF VILLAGES WITHOUT THE ELECTRICITY , WHAT IS BATTERY OF ASIA?
UDOMXAY,LUANGNAMTHA IS STILL BUYING THE ELECTRICITY FROM YUNNAN CHINA.AND THERE ARE THOUNSAND OF VILLAGES WITHOUT THE ELECTRICITY , WHAT IS BATTERY OF ASIA?
Maybe he meant battery hen of Asia? Oh by the way please stop shouting.
UDOMXAY,LUANGNAMTHA IS STILL BUYING THE ELECTRICITY FROM YUNNAN CHINA.AND THERE ARE THOUNSAND OF VILLAGES WITHOUT THE ELECTRICITY , WHAT IS BATTERY OF ASIA?
Maybe he meant battery hen of Asia? Oh by the way please stop shouting.
Not yet but soon. Oudomxay and Luang Namtha are too far away but soon. Not Asia but southeast Asia.
As a Thai, I would wholeheartedly support "Laos" Do you know? that almost big business in Cambodia that which owned by Thai businessmen has already transferred to Laos.
Just reading Prachachart Business and The Nation Newspaper. We all would know that Laos has much higher advantages than Cambodia.
So my conclusion is "Laos will defeat Cambodia in terms of economy in the next ten years"
I judge everything from reading the economy's outline in 2008-09 of both Laos and Cambodia.
Why do Thai big business men move to Laos? Because now South Korea are the big business country in Cambodia not Thailand anymore. They keep coming like rain. Another reason, because of political issue, Cambodian barely buy good from Thailand. Since the south Korea started business in Cambodia. A lot of countries are coming, such as china, Malaysia, Indonesia, Philippines, Vietnam and USA start to built their business in Cambodia. I think that the reason why Thai businesses are moving out. If you look back in 1998-2003, there are a lot of big businesses that own neither by Thai or Chinese. But after 2005 or later, Thai businesses in Cambodia are getting lower. However, if you look to future like the next 10 years, Cambodia may have their own business rather than foreign company. I see now a lot of big companies are being built by Cambodian now. Such as, hotels, Food productions and housing.
I wish that Laos will do better soon. Please do your best. That how Cambodian felt like 10 years ago. People thought that Cambodia wouldn't be like it neighbor. Still poor, no jobs for people. But 10 years later, i see some improvement. Time is changing. I think Laos also can do this. Just wait for the right time.
Between Laos and Cambodia which country will be more economy growth and more developed in the next 10 years? Just wonder how Laos and Cambodia will look like?
Cambodia will be more developed than Laos, they are not 1 single party country. Special they are not communist and have more than 1 party in their governments.
Laos will take another 100 years yet to be developed country like the others. New York Post News paper wrote that Laos Is number one CORRUPTION country in the world right now.
You mention News york post wrote that laos is number one CORRUPTED country in the world right now. so can you put the stories here? or could you please tell me the date of that News york post? what month or year ?? the reason why i 'm asking you, it' because i am a subscribe or a member of the News york post for many years. and i save it after i've read it. atleast a year old before i dump it ...
As a Thai, I would wholeheartedly support "Laos" Do you know? that almost big business in Cambodia that which owned by Thai businessmen has already transferred to Laos.
Just reading Prachachart Business and The Nation Newspaper. We all would know that Laos has much higher advantages than Cambodia.
So my conclusion is "Laos will defeat Cambodia in terms of economy in the next ten years"
I judge everything from reading the economy's outline in 2008-09 of both Laos and Cambodia.
Thank you, we need all the help we could get specially the way to sea , railroads .
Thanks for understand and support brother thai, this is what lao-government should've done 20 something years ago. but, didn't, so anyway, let' me quote the gentleman above me, ''we need all the help we could get, specially the way to sea, railroads,'' now let' me asking you why do we really need the to the Sea?? Why?? if you have access to the Sea, What do you have to ship it out from laos anyway? what kindda products would you ship it out?? what is your main exports that you have to ship by Sea??? where is your duck would be ? i mean seaport???
I think both Laos and Cambodia has an equal chance because both countries are new market so they would attract more investors to come rather than Thailand (which is heavily contains Japanese businessmen)
However, Thailand may face inflation this year (2010) because I always heard the news from my friends who have shares in stock market (so direct and unbiased news, right?).
Talikng about Cambodia, I think they are in abit upper hand. because they will have Stock Market Exchange very soon. However, Laos is asupported by China, that's also a good thing.
Talking about the next ten years, I still confirm that Laos will win Cambodia. However, Cambodia would grow fast in term of economy. Let's see, it has just begun. Me, I travelled to Cambodia in Seam Reap and it was a good trip too. Because some of them can speak fluent Thai (I think they learn from TV) Seam Reap is something more interesting than in Phnom Penh, because it is the fastest growing city economy of Cambodia. Yet, I see a lot of golf courses there too (and the customers are Korean)
Whatever! I am not a good analist! I would say I rarely have chance to communicate with Laos and Cambodia because I live in the south of Thailand (Hatyai, Songkla) and our family import products from Malaysia to distribute in Talat Kimyong. (ตลาดกิมหยง)
(please see the pics)
I always keep an eye to the economic news of SE Asia (Thailand, Laos, Cambodia and Vietnam) I would say that Vietnam has possible chance to compete even Malaysia. I read the news that they import machinery massively, it is the sign that Vietnam will grow very fast in the next 2 years (It takes time in the process)
However I wish that SE Asia would be more developped like East Asia soon. I really expect that.
As a Thai, I would wholeheartedly support "Laos" Do you know? that almost big business in Cambodia that which owned by Thai businessmen has already transferred to Laos.
Just reading Prachachart Business and The Nation Newspaper. We all would know that Laos has much higher advantages than Cambodia.
So my conclusion is "Laos will defeat Cambodia in terms of economy in the next ten years"
I judge everything from reading the economy's outline in 2008-09 of both Laos and Cambodia.
Thank you, we need all the help we could get specially the way to sea , railroads .
Thanks for understand and support brother thai, this is what lao-government should've done 20 something years ago. but, didn't, so anyway, let' me quote the gentleman above me, ''we need all the help we could get, specially the way to sea, railroads,'' now let' me asking you why do we really need the to the Sea?? Why?? if you have access to the Sea, What do you have to ship it out from laos anyway? what kinda products would you ship it out?? what is your main exports that you have to ship by Sea??? where is your duck would be ? i mean seaport???
As long as Laos have the easy way to the sea and the cost of transportation to the harbor is cheap and the land lock is no longer the problems. What ever the consumer need and the investors would produce in the best quality and in cheaper price such as garment , copper cable , electronic part , funiture, silk ,gift, pig (pork), cow (beef), rice, Chicken, tin ore, copper ore, timber and what so ever so it depend on consumer , market and competition and it is up to the investors what they need to do to make money because the investors might already have their own markets . Lao government is not going to build and run the private companies and hope the government would not try to take over the business and try to control like in 1975 that all business were taken over and owned by the state that why a lot of communist countries were abandoned the communism because they were failed system in trading and marketing and produce good quality of products and too much of corruption .China 70 % of factories in China are owned by private sector or by the foreign corporation about 30 years ago that made China to become the economy super power because China turn the direction and allowing capitalism in China. If Laos could do the same as China and make the foreign investors have the confident in the government that could provide both good quality skill workers and none skill workers force for the industries and factories, plenty of raw martial to feed the factories and good trading law to protect their investments and profit with cheap and fair labors force with cheap and easy ways out to the sea to ship their goods . Then Laos will be in the good position. All the Lao government need to do that to invest heavily on the education and train the Lao people to become skill works , good managers an good quality of workers . Brain and mind , science and technology for future jobs . Does Lao leader and government have any plans and future for the Lao people beside to be farmers and none skill workers in the streets.
Why are you communist so offended by my comments? This kind of action shouldn't be kept shut, just because people have a different opinion you shut them up? Look at other country like Vietnam and Cambodia, even Thailand. They have an open opinion and use it to help out a country to build together. Action like this will only show Lao people have no support or no voice as being a citizen of Laos. This also the reason why Khon Lao move to Thailand, and be Thai not Lao. There are less and less people living in Laos , because it is run by corrupt government like this website with out free thought or mind as a human being. Lao in Laos are all just Animals and live like Khon TOOK.
Laos is 15 years behind Cambodia. Laos is lagging behind everyone ass like crazy. There is no smart Lao in Laos to help out Laos. Most Lao rather work and buy Thai product. They even listen and watch Thai everything.
Thai already step on Lao head, and Khon Lao have no brain, but greedy with everyone else.
Why are you communist so offended by my comments? This kind of action shouldn't be kept shut, just because people have a different opinion you shut them up? Look at other country like Vietnam and Cambodia, even Thailand. They have an open opinion and use it to help out a country to build together. Action like this will only show Lao people have no support or no voice as being a citizen of Laos. This also the reason why Khon Lao move to Thailand, and be Thai not Lao. There are less and less people living in Laos , because it is run by corrupt government like this website with out free thought or mind as a human being. Lao in Laos are all just Animals and live like Khon TOOK.
You're so right about this, I'm so sick of people are being treated like you are not aloud to have your own mind in this communist society, this is the reason why majority of Lao in our mother land are still uneducated and poor.
Why are you communist so offended by my comments? This kind of action shouldn't be kept shut, just because people have a different opinion you shut them up? Look at other country like Vietnam and Cambodia, even Thailand. They have an open opinion and use it to help out a country to build together. Action like this will only show Lao people have no support or no voice as being a citizen of Laos. This also the reason why Khon Lao move to Thailand, and be Thai not Lao. There are less and less people living in Laos , because it is run by corrupt government like this website with out free thought or mind as a human being. Lao in Laos are all just Animals and live like Khon TOOK.
You're so right about this, I'm so sick of people are being treated like you are not aloud to have your own mind in this communist society, this is the reason why majority of Lao in our mother land are still uneducated and poor.
Country like Vietnam,Thailand,Cambodia and China all moving forward in a very fast pace. But where is Laos???? We still too stupid to understand the whole concept of business and development in 99.9% of all business sector. All the educated Lao left Laos, because the Laos Government ignore the people, and doesn't want other Lao to speak there mind.
Laos maybe is a Land lock country, but why not accept smart Lao people to help Laos build our own country. And to promote our vision for other country in the region??? If the Laos government listen to there own people, we could of been in the same pace as Vietnam by now.
Laos is too dam slow, I'm just so piss because nothing is being done after 30+ years.
Lao people have been working so hard over sea. But way are those LaoNai putting all the LaoNai and LaoNork down??? No wonder nothing is getting done, because LaoNai is jealous of LaoNork to bring prosperity into Laos. Why LaoNai so jealous??? Don't we all Lao people want to improve our economy and our image in South East Asia like the rest of the country going forward? But why blame LaoNork for leaving Laos or not a citizen of Laos? Why does that matter?? Even in China and Vietnam they accept there people back in a welcoming gesture and build together prosperity.
All I have to say is LaoNai are too narrow minded and can't think out of the box in a more logical path, but a dead end road.
-- Edited by BingBing on Monday 15th of February 2010 01:41:34 AM
Laos is 15 years behind Cambodia. Laos is lagging behind everyone ass like crazy. There is no smart Lao in Laos to help out Laos. Most Lao rather work and buy Thai product. They even listen and watch Thai everything.
Thai already step on Lao head, and Khon Lao have no brain, but greedy with everyone else.
Lao people have been working so hard over sea. But way are those LaoNai putting all the LaoNai and LaoNork down??? No wonder nothing is getting done, because LaoNai is jealous of LaoNork to bring prosperity into Laos. Why LaoNai so jealous??? Don't we all Lao people want to improve our economy and our image in South East Asia like the rest of the country going forward? But why blame LaoNork for leaving Laos or not a citizen of Laos? Why does that matter?? Even in China and Vietnam they accept there people back in a welcoming gesture and build together prosperity.
All I have to say is LaoNai are too narrow minded and can't think out of the box in a more logical path, but a dead end road.
-- Edited by BingBing on Monday 15th of February 2010 01:41:34 AM
I'm sorry, but can someone please translate English please? For those people that responded to my own opinion, I'm very eager to read there opinion?????
Kop jai lai lai
-- Edited by BingBing on Monday 15th of February 2010 04:59:17 AM
Some group of people who are powerful and have been ruling the country and also have been failing almost every projects for many decades and are still refusing to listen the truth from the Lao people who love to see Laos to be better place to live. Even China , Vietnam and Cambodia are recruiting their people who have Brain and are successful to come back and rebuild their countries.
Some group of people who are powerful and have been ruling the country and also have been failing almost every projects for many decades and are still refusing to listen the truth from the Lao people who love to see Laos to be better place to live. Even China , Vietnam and Cambodia are recruiting their people who have Brain and are successful to come back and rebuild their countries.
Yes you are right! This is why Vietnam, Laos closet friend and neighbors are becoming Asia TIGER. Soon Vietnam they say, will surpass Thailand exporting and importing product and other item over sea. Vietnam us those from over sea who left Vietnam during the Vietnam War. Now many had gone back and help build Vietnam for the better of there own people.
But for Laos, there is hardly nothing interested or unheard of about Laos. Foreign business can't risk there business in a country with out a proper efficiency of trading or transporting there product over sea. The only thing Laos can use to transport product is by either train,truck or air. Why not put more money on that instead?
I'm sorry, but can someone please translate English please? For those people that responded to my own opinion, I'm very eager to read there opinion?????
Kop jai lai lai
-- Edited by BingBing on Monday 15th of February 2010 04:59:17 AM
Hey, my friend take it easy. You are too emotional . Sometime you just could not tell the lion to stop eating meat my friend.
Some group of people who are powerful and have been ruling the country and also have been failing almost every projects for many decades and are still refusing to listen the truth from the Lao people who love to see Laos to be better place to live. Even China , Vietnam and Cambodia are recruiting their people who have Brain and are successful to come back and rebuild their countries.
Yes you are right! This is why Vietnam, Laos closest friend and neighbors are becoming Asia TIGER. Soon Vietnam they say, will surpass Thailand exporting and importing product and other item over sea. Vietnam use those from over sea who left Vietnam during the Vietnam War. And there are now many educated smart Vietnamese who had gone back, and help build Vietnam for the better of there own people.
But for Laos, there is hardly nothing interested or unheard of about Laos. Foreign business can't risk there business in a country with out a proper efficiency of trading or transporting there product over sea. The only thing Laos can use to transport product is by either train,truck or air. Why not put more money on that instead?
-- Edited by BingBing on Monday 15th of February 2010 05:27:06 AM
Some group of people who are powerful and have been ruling the country and also have been failing almost every projects for many decades and are still refusing to listen the truth from the Lao people who love to see Laos to be better place to live. Even China , Vietnam and Cambodia are recruiting their people who have Brain and are successful to come back and rebuild their countries.
Yes you are right! This is why Vietnam, Laos closest friend and neighbors are becoming Asia TIGER. Soon Vietnam they say, will surpass Thailand exporting and importing product and other item over sea. Vietnam use those from over sea who left Vietnam during the Vietnam War. And there are now many educated smart Vietnamese who had gone back, and help build Vietnam for the better of there own people.
But for Laos, there is hardly nothing interested or unheard of about Laos. Foreign business can't risk there business in a country with out a proper efficiency.
-- Edited by BingBing on Monday 15th of February 2010 05:27:06 AM
I'm sorry, but can someone please translate English please? For those people that responded to my own opinion, I'm very eager to read there opinion?????
Kop jai lai lai
-- Edited by BingBing on Monday 15th of February 2010 04:59:17 AM
RE: ກະຍ້ອນວ່າລາວໄນຖື່ກຊັ່ງສອນມາແຕ່ນ້ອນໃຫ້ຖືວ່າຄົນລາວທີ່ໂຕນຫນີຈ່າກເມືອງລາວແມ່ນພ້ວກຂາຍຊ້າດ 'ວ່າແມ່ນປະຕິການທີ່ເປັນອັນຕະລາຍໄຫ້ຂອງປະເທດຍ້ອນເຫ້ດຜົນທີ່ໄກຈ່າກຄວາມຈິງແບບນີ້ໆແລ້ວລາວໃນກັບ ລາວນ້ອກຈະຫັນຫນ້າແລະຈັບມືກັນຍັງບໍ່ທັນໄດ້ເທື່ອອີ່ກຢ່າງນຶ່ງສ່ວນຫຼາຍກໍ່ບໍ່ມີຄວາມຮູ້ທີ່ພຽງພໍ່ຈະຄຶດໃດ້ວ່າອັນ ໃດເປັນອັນໃດໄຜເວົ້າຫຍັງໄຊ່ຫູກໍ່ເຊື່ອໂລ້ດຈັ່ງຊີ້ແລ້ວບ້ານເຮົາມີແຕ່ຊ້າດອື່ນມາຍຶດເອົາ ຄົນເຮົາເລີຍກາຍເປັນທາງກະເຈົ້າຄືທີ່ເຫັນມາໃນປະະຈຸບັນນີ້ແລ້ວອີ່ກຈັກນອ່ຍກໍ່ຈະເປັນເມືອງຂຶ້ນຂອງແກວຫຼື ເຈັກອີ່ກຊໍ້າ ກໍ່ຫຼາຍເຕີ່ມເຜາະວ່າອຳນ້ານຂອງເຂົາມັນເຫນືອກ່ອນຜູ້ນຳປະເທດຂອງເຮົາຄືວ່າຊັ້ນແລະ. English translation:
It was do to the fact that LaoNai have been taught at a very young age to consider that LaoNork who fled from Laos were a trader to their country or Lao Patikan ( have attitude and perception toward gov) they are consider to be dangerous to the country which is far from the truth and it was the reason that cause LaoNai and Laonork unable to turn their face to each other and join each other hand in hand. Besides, the majority of Laos people are uneducated and incapable of thinking logically to know the differences or what is what which made them very vulnerable and easily believed in any thing that their gov said to them.
This is why Laos only have been colonized by many different colonist and after that our people became their people just like how it is at the present time, pretty soon Laos will be under the Vietnamese or the Chinese Colony
I'm sorry, but can someone please translate English please? For those people that responded to my own opinion, I'm very eager to read there opinion?????
Kop jai lai lai
RE: ກະຍ້ອນວ່າລາວໄນຖື່ກຊັ່ງສອນມາແຕ່ນ້ອນໃຫ້ຖືວ່າຄົນລາວທີ່ໂຕນຫນີຈ່າກເມືອງລາວແມ່ນພ້ວກຂາຍຊ້າດ 'ວ່າແມ່ນປະຕິການທີ່ເປັນອັນຕະລາຍໄຫ້ຂອງປະເທດຍ້ອນເຫ້ດຜົນທີ່ໄກຈ່າກຄວາມຈິງແບບນີ້ໆແລ້ວລາວໃນກັບ ລາວນ້ອກຈະຫັນຫນ້າແລະຈັບມືກັນຍັງບໍ່ທັນໄດ້ເທື່ອອີ່ກຢ່າງນຶ່ງສ່ວນຫຼາຍກໍ່ບໍ່ມີຄວາມຮູ້ທີ່ພຽງພໍ່ຈະຄຶດໃດ້ວ່າອັນ ໃດເປັນອັນໃດໄຜເວົ້າຫຍັງໄຊ່ຫູກໍ່ເຊື່ອໂລ້ດຈັ່ງຊີ້ແລ້ວບ້ານເຮົາມີແຕ່ຊ້າດອື່ນມາຍຶດເອົາ ຄົນເຮົາເລີຍກາຍເປັນທາງກະເຈົ້າຄືທີ່ເຫັນມາໃນປະະຈຸບັນນີ້ແລ້ວອີ່ກຈັກນອ່ຍກໍ່ຈະເປັນເມືອງຂຶ້ນຂອງແກວຫຼື ເຈັກອີ່ກຊໍ້າ ກໍ່ຫຼາຍເຕີ່ມເຜາະວ່າອຳນ້ານຂອງເຂົາມັນເຫນືອກ່ອນຜູ້ນຳປະເທດຂອງເຮົາຄືວ່າຊັ້ນແລະ. English translation:
It was do to the fact that LaoNai have been taught at a very young age to consider that LaNark who fled from Laos were a trader to their country or Lao Patikan ( have attitude and perception toward gov) they are consider to be dangerous to the country which is far from the truth and it was the reason that cause LaNai and Lanark unable to turn their face to each other and join each other hand in hand. Besides, the majority of Laos people are uneducated and incapable of thinking logically to know the differences or what is what which made them very vulnerable and easily believed in any thing that their gov said to them.
This is why Laos only have been colonized by many different colonist and after that our people became their people just like how it is at the present time, pretty soon Laos will be under the Vietnamese or the Chinese Colony
-------------------------------------------------------------------------------------- That Brain waste must be stopped. Lao nork are fine to live their lives over sea and their living conditions are much better than Lao Lao Nai and the reasons why they talked and complain or criticized of the slow moving developed of the country because they love and care their motherland and the poor kids and poor people in Laos.If they don't give a damn , they just close their eyes and say nothing . They don't want any thing from Laos and Lao people but want to help and make Laos to be better place to live for Lao people and be proud of Lao culture, heritage and ethnicity. Majority of Lao nork are just regular people and not involve in politic who were also victim of war and fled Laos and turn their to violent and tried to fine good lives and good jobs and better education for themselves and families. Most of them still have families and relatives in Laos. A lot of them are still sending money to support their families in Laos which is also helping Laos economy indirectly. That is wrong that the government teaching them to hate the Lao Nork instead of united the people and caring and loving and trying to help each other. Take a look at the Israel and the Jewish around the world . The Israeli people love and care and help each other and united that is the reason why they are strong even Israel is very small country just like Laos and also have the almost the same population and surrounding by unfriendly neighbours. So the government must teach love and care and unite all Lao people around the world not brain washing of the hate.
I'm sorry, but can someone please translate English please? For those people that responded to my own opinion, I'm very eager to read there opinion?????
Kop jai lai lai
RE: ກະຍ້ອນວ່າລາວໄນຖື່ກຊັ່ງສອນມາແຕ່ນ້ອນໃຫ້ຖືວ່າຄົນລາວທີ່ໂຕນຫນີຈ່າກເມືອງລາວແມ່ນພ້ວກຂາຍຊ້າດ 'ວ່າແມ່ນປະຕິການທີ່ເປັນອັນຕະລາຍໄຫ້ຂອງປະເທດຍ້ອນເຫ້ດຜົນທີ່ໄກຈ່າກຄວາມຈິງແບບນີ້ໆແລ້ວລາວໃນກັບ ລາວນ້ອກຈະຫັນຫນ້າແລະຈັບມືກັນຍັງບໍ່ທັນໄດ້ເທື່ອອີ່ກຢ່າງນຶ່ງສ່ວນຫຼາຍກໍ່ບໍ່ມີຄວາມຮູ້ທີ່ພຽງພໍ່ຈະຄຶດໃດ້ວ່າອັນ ໃດເປັນອັນໃດໄຜເວົ້າຫຍັງໄຊ່ຫູກໍ່ເຊື່ອໂລ້ດຈັ່ງຊີ້ແລ້ວບ້ານເຮົາມີແຕ່ຊ້າດອື່ນມາຍຶດເອົາ ຄົນເຮົາເລີຍກາຍເປັນທາງກະເຈົ້າຄືທີ່ເຫັນມາໃນປະະຈຸບັນນີ້ແລ້ວອີ່ກຈັກນອ່ຍກໍ່ຈະເປັນເມືອງຂຶ້ນຂອງແກວຫຼື ເຈັກອີ່ກຊໍ້າ ກໍ່ຫຼາຍເຕີ່ມເຜາະວ່າອຳນ້ານຂອງເຂົາມັນເຫນືອກ່ອນຜູ້ນຳປະເທດຂອງເຮົາຄືວ່າຊັ້ນແລະ. English translation:
It was do to the fact that LaoNai have been taught at a very young age to consider that LaNark who fled from Laos were a trader to their country or Lao Patikan ( have attitude and perception toward gov) they are consider to be dangerous to the country which is far from the truth and it was the reason that cause LaNai and Lanark unable to turn their face to each other and join each other hand in hand. Besides, the majority of Laos people are uneducated and incapable of thinking logically to know the differences or what is what which made them very vulnerable and easily believed in any thing that their gov said to them.
This is why Laos only have been colonized by many different colonist and after that our people became their people just like how it is at the present time, pretty soon Laos will be under the Vietnamese or the Chinese Colony
-------------------------------------------------------------------------------------- That Brain waste must be stopped. Lao nork are fine to live their lives over sea and their living conditions are much better than Lao Lao Nai and the reasons why they talked and complain or criticized of the slow moving developed of the country because they love and care their motherland and the poor kids and poor people in Laos.If they don't give a damn , they just close their eyes and say nothing . They don't want any thing from Laos and Lao people but want to help and make Laos to be better place to live for Lao people and be proud of Lao culture, heritage and ethnicity. Majority of Lao nork are just regular people and not involve in politic who were also victim of war and fled Laos and turn their to violent and tried to fine good lives and good jobs and better education for themselves and families. Most of them still have families and relatives in Laos. A lot of them are still sending money to support their families in Laos which is also helping Laos economy indirectly. That is wrong that the government teaching them to hate the Lao Nork instead of united the people and caring and loving and trying to help each other. Take a look at the Israel and the Jewish around the world . The Israeli people love and care and help each other and united that is the reason why they are strong even Israel is very small country just like Laos and also have the almost the same population and surrounding by unfriendly neighbours. So the government must teach love and care and unite all Lao people around the world not brain washing of the hate.
So true but some Lao Nai don't think that way. This is what one person wrote, I think it was "laopeoplesarmy". They branded anyone that fled from the conflict and the ensuing revenge as criminals and traitors.
"It took us countless of sacrifices and hardship as well to stay out of the conflict. For goodness sake we were just ordinary Lao people. My father was just a school teach but no, they've to want to take him to "sammana"."
"Every criminal has alway claimed that he's innocent. The Lao Government don't sent people up north for no apparent reason. Everything happened for a reason. It's all about the cause and effect."
BingBing wrote: I'm sorry, but can someone please translate English please? For those people that responded to my own opinion, I'm very eager to read there opinion?????
If you're Laotian you or your love one shouldn't have any trouble of reading, writing or understanding Lao language right?
I left Laos at a very young age and was not able to read and write in Lao, but only can speak fluently. So 2 yr ago I started to watch Lao music video, on You tube and at Somakom Lao, fortunately most of them have karaoke with Lao words underneath it and that's how I learn how to write n read in Lao.
The 2 responds to your opinion in Lao writing were from me, admittedly it was pretty tough to translate it in English, I wouldn't even dare to try to translate word from word, but was close enough from what I wrote though. How about have someone in your family translate the other one for you, if not I'm pretty sure you must have a lot of Lao friends that can help you with.
I'm sorry, but can someone please translate English please? For those people that responded to my own opinion, I'm very eager to read there opinion?????
Kop jai lai lai
RE: ກະຍ້ອນວ່າລາວໄນຖື່ກຊັ່ງສອນມາແຕ່ນ້ອນໃຫ້ຖືວ່າຄົນລາວທີ່ໂຕນຫນີຈ່າກເມືອງລາວແມ່ນພ້ວກຂາຍຊ້າດ 'ວ່າແມ່ນປະຕິການທີ່ເປັນອັນຕະລາຍໄຫ້ຂອງປະເທດຍ້ອນເຫ້ດຜົນທີ່ໄກຈ່າກຄວາມຈິງແບບນີ້ໆແລ້ວລາວໃນກັບ ລາວນ້ອກຈະຫັນຫນ້າແລະຈັບມືກັນຍັງບໍ່ທັນໄດ້ເທື່ອອີ່ກຢ່າງນຶ່ງສ່ວນຫຼາຍກໍ່ບໍ່ມີຄວາມຮູ້ທີ່ພຽງພໍ່ຈະຄຶດໃດ້ວ່າອັນ ໃດເປັນອັນໃດໄຜເວົ້າຫຍັງໄຊ່ຫູກໍ່ເຊື່ອໂລ້ດຈັ່ງຊີ້ແລ້ວບ້ານເຮົາມີແຕ່ຊ້າດອື່ນມາຍຶດເອົາ ຄົນເຮົາເລີຍກາຍເປັນທາງກະເຈົ້າຄືທີ່ເຫັນມາໃນປະະຈຸບັນນີ້ແລ້ວອີ່ກຈັກນອ່ຍກໍ່ຈະເປັນເມືອງຂຶ້ນຂອງແກວຫຼື ເຈັກອີ່ກຊໍ້າ ກໍ່ຫຼາຍເຕີ່ມເຜາະວ່າອຳນ້ານຂອງເຂົາມັນເຫນືອກ່ອນຜູ້ນຳປະເທດຂອງເຮົາຄືວ່າຊັ້ນແລະ. English translation:
It was do to the fact that LaoNai have been taught at a very young age to consider that LaNark who fled from Laos were a trader to their country or Lao Patikan ( have attitude and perception toward gov) they are consider to be dangerous to the country which is far from the truth and it was the reason that cause LaNai and Lanark unable to turn their face to each other and join each other hand in hand. Besides, the majority of Laos people are uneducated and incapable of thinking logically to know the differences or what is what which made them very vulnerable and easily believed in any thing that their gov said to them.
This is why Laos only have been colonized by many different colonist and after that our people became their people just like how it is at the present time, pretty soon Laos will be under the Vietnamese or the Chinese Colony
-------------------------------------------------------------------------------------- That Brain wash must be stopped. Lao nork are fine to live their lives over sea and their living conditions are much better than Lao Lao Nai and the reasons why they talked and complain or criticized of the slow moving developed of the country because they love and care their motherland and the poor kids and poor people in Laos.If they don't give a damn , they just close their eyes and say nothing . They don't want any thing from Laos and Lao people but want to help and make Laos to be better place to live for Lao people and be proud of Lao culture, heritage and ethnicity. Majority of Lao nork are just regular people and not involve in politic who were also victim of war and fled Laos and turn their to violent and tried to fine good lives and good jobs and better education for themselves and families. Most of them still have families and relatives in Laos. A lot of them are still sending money to support their families in Laos which is also helping Laos economy indirectly. That is wrong that the government teaching them to hate the Lao Nork instead of united the people and caring and loving and trying to help each other. Take a look at the Israel and the Jewish around the world . The Israeli people love and care and help each other and united that is the reason why they are strong even Israel is very small country just like Laos and also have the almost the same population and surrounding by unfriendly neighbours. So the government must teach love and care and unite all Lao people around the world not brain washing of the hate.
So true but some Lao Nai don't think that way. This is what one person wrote, I think it was "laopeoplesarmy". They branded anyone that fled from the conflict and the ensuing revenge as criminals and traitors.
"It took us countless of sacrifices and hardship as well to stay out of the conflict. For goodness sake we were just ordinary Lao people. My father was just a school teach but no, they've to want to take him to "sammana"."
"Every criminal has alway claimed that he's innocent. The Lao Government don't sent people up north for no apparent reason. Everything happened for a reason. It's all about the cause and effect."
Well , just fell sorry for him . One day he will find out and hope that day is not too late.
I'm sorry, but can someone please translate English please? For those people that responded to my own opinion, I'm very eager to read there opinion?????
If you're Laotian you or your love one shouldn't have any trouble of reading, writing or understanding Lao language right?
I left Laos at a very young age and was not able to read and write in Lao, but only can speak fluently. So 2 yr ago I started to watch Lao music video, on You tube and at Somakom Lao, fortunately most of them have karaoke with Lao words underneath it and that's how I learn how to write n read in Lao.
The 2 responds to your opinion in Lao writing were from me, admittedly it was pretty tough to translate it in English, I wouldn't even dare to try to translate word from word, but was close enough from what I wrote though. How about have someone in your family translate the other one for you, if not I'm pretty sure you must have a lot of Lao friends that can help you with.
I'm a Christian. So it is difficult sometime for me to understand different Lao dialect from many Lao friends. And also I'm a White wash. LMAO!!!!!!!
RE: "Every criminal has alway claimed that he's innocent. The Lao Government don't sent people up north for no apparent reason. Everything happened for a reason. It's all about the cause and effect."
In 1975 Laos was invaded by the Neo Lao Huck sad ( communist ) over ten thousands of Lao Lan xang fled their homeland to escape of being put in a concentration camps, simply because were in military or a profession in certain field and they knew it was a death camp, once you're in there you and your love one may never see each other again, other than that you have to be one of the luckiest person to come out alive.
So would you care to clarify who were the criminals and what kind of crime did they committed I hope you are not referring those thousands of Lao Lan xang as the criminals, cause that wouldn't sound right to anyone!
Since you can't deal with the truth my advice for you is don't try to blame the victims, cause you'll only make maters worst and only the truth can prevail.
RE: "Every criminal has alway claimed that he's innocent. The Lao Government don't sent people up north for no apparent reason. Everything happened for a reason. It's all about the cause and effect."
In 1975 Laos was invaded by the Neo Lao Huck sad ( communist ) over ten thousands of Lao Lan xang fled their homeland to escape of being put in a concentration camps, simply because were in military or a profession in certain field and they knew it was a death camp, once you're in there you and your love one may never see each other again, other than that you have to be one of the luckiest person to come out alive.
So would you care to clarify who were the criminals and what kind of crime did they committed I hope you are not referring those thousands of Lao Lan xang as the criminals, cause that wouldn't sound right to anyone!
Since you can't deal with the truth my advice for you is don't try to blame the victims, cause you'll only make maters worst and only the truth can prevail.
Laos declared independence from France in 1949, but it wasn't fully recognized. They were fully independent when the rest of Indo-China was in 1954. Then Laos have been invaded by the north Vietnam and the north Vietnam made the Pathet Lao communist party and indirectly conquer Laos and gave all the assistants and advices to Pathet Lao communist party until Chinese came in Laos so now 50% is indirectly dominate by the Chinese and 50 % is dominated bu the Vietnamese. The Pathet Lao (communists) took control of the country in 1975 to the present. Lao Lan Xang is indirectly and under the new way of colonize by the Chinese ans Vietnamese and Lao LanXang have never been herself .
OFFICIALS from Cambodia and Laos said Wednesday they were optimistic about the future of bilateral trade following a rise of 4 percent last year, despite the onset of the global economic crisis.
Official figures released by the Laos Embassy in Phnom Penh showed that trade between the two ASEAN neighbours remained very low, however, at just US$274,780 in 2009 compared to $264,180 the previous year.
“Our trade will get stronger,” the Laos Embassy's First Secretary Kengchai Sixanonh said Wednesday, adding that there was considerable scope for shipments in each direction, particularly in agricultural products.
However, a 2008 trade surplus for Cambodia of $38,620 turned into a tiny deficit of $8,880 last year. And although trade improved in 2009 it was still down on the bilateral record between the two achieved in 2007: $295,037.
“Trade between us is not as much as with Vietnam and Thailand,” Nguon Meng Tech, director general of the Cambodian Chamber of Commerce, said Wednesday.
Trade will pick up, he added, especially when the free trade area commences in 2015.