CLMV News (13 December 2023)

CLMV Cambodia, Lao PDR, Myanmar, News

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CAMBODIA

The Ministry of Economy and Finance plans to raise approximately 28 billion riel ($6.8 million) through the issuance of sovereign bonds via the National Bank of Cambodia’s online trading platform, aiming to garner additional funds from the capital market for public investments. (Phnom Penh Post)

LAO PDR

In a bid to enhance international tourism in Laos, the government has reached out to countries across the world, extending invitations for their support of “Visit Laos Year 2024.” This nationwide tourism campaign seeks to draw more visitors, ultimately contributing to Laos’ economic growth. (Laotian Times)

MYANMAR

Myanmar’s economy is forecast to grow only 1% in the fiscal year that ends in March, the World Bank says, as conditions deteriorate with an escalation in fighting between the military and its opponents that has newly displaced more than 500,000 people. (AP)

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