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Laos Policy Sept 15
ASEAN INDICES
March 15, 2010
Market
Indices
Change

IDX

2,669.61 3.10
KLC 1,299.67 -11.53
PSEi * 3,072.91 52.65
SGX
7.85 -0.03
SET  734.83 1.49
Source : Relevant bourses
Note   : * as of
13 Mar 10

CURRENCY EXCHANGE
March 15, 2010
Currency US$
Euro
Singapore $ 

1.37 1.88
Thai Baht*
  32.81

45.03

Malaysia Ringgit   
  3.31 4.55
Indonesia Rupiah
  9,221.00 12,678.88
Philippines Peso
  45.67

62.88

Source:Relevant central banks
Note   : *
as of 13 Mar 10
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LAOS
Policy
September 15, 2007
Law to improve transparency
The State Inspection Authority looks set to become a new government mechanism to make the state administration more transparent after having been legally empowered, according to a senior state inspector.

“The Law on State Inspection will enable us to work more effectively,” said Vice President of the State Inspection Authority, Mr Thongsy Ouanlasy, in an interview with the Vientiane Times on Wednesday.

The National Assembly passed the Law on State Inspection in June and it is expected to be promulgated by the President in the near future, said Mr Thongsy.

He said in the past his organisation was mandated only to follow a prime ministerial decree when it carried out inspection work, but now it had to implement the law, which is more applicable and enforceable than a decree.

A decree covers government administration bodies but the law covers all situations and every person from every walk of life, including government officials. Vietianne Times reports


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