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New Lao report proposes action plan to boost FDI opportunities

VIENTIANE (Vientiane Times/Asia News Network): Developing a holistic investment strategy along with continued regulatory reforms will help Laos attract more diverse and higher-quality foreign direct investment (FDI), a new report suggests. The approach will allow Laos to expand its economy, generate more jobs, and achieve shared prosperity, according to the report, which was published by the International Finance Corporation, a member of the World Bank Group. The report was presented at an online meeting on Thursday (Feb 18), chaired by Deputy Prime Minister and Minister of Planning and Investment, Dr Sonexay Siphandone. Conducted in partnership with the government of Japan, the report titled ‘Investment Reform Map for Laos A Foundation for a New Investment Policy and Promotion Strategy’ lays out a proposed action plan for targeted reforms to realise the positive impact of FDI on the local economy.

Keystone Investment Trust Plc - Publication of Circular

Keystone Investment Trust Plc - Publication of Circular PR Newswire Company ) has today published a Shareholder Circular (the document ) setting out recommended proposals for the appointment of a new investment manager and adoption of a new investment policy and Notice of General Meeting. Introduction and overview On 7 December 2020, the Board announced that it had undertaken an extensive review of the Company s strategic direction and a competitive tender in relation to the Company s investment management arrangements. The Board further announced that as a result of this, it had decided, subject to contract and Shareholder approval, to appoint Baillie Gifford & Co Limited (

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