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CLMV countries must step up reform of business and financial ecosystems

Thailand's move to work with the CLMV bloc is a right step, but the CLMV governments need to raise standards of doing business

The Stock Exchange of Thailand (above) has created the CLMV Exposure Index and plans to list CLMV companies on the Thai bourse, in a move aimed at prospering all five countries.

The CLMV countries (Cambodia, Laos, Myanmar and Vietnam) are grabbing investor attention following the creation of the CLMV Exposure Index on the Stock Exchange of Thailand (SET), and an audacious plan to list CLMV companies on the Thai bourse.

Thailand announced plans in June this year...