There’s an interesting story over at the Wall Street Journal‘s new Southeast Asia Real Time blog about U.S. companies investing in Laos.
The lede:
It has Southeast Asia’s smallest economy. Per capita incomes are only $990, a fraction of levels in nearby Thailand and Malaysia.
Yet Laos appears to have something American companies want. In recent weeks an unprecedented number of major U.S. companies — including some that previously paid Laos little heed — have touched down in the little, landlocked nation, hunting for investment opportunities in what remains one of the least-understood countries in Asia.
Worth a read.
(Emphasis mine.)