2016 Lao PDR Enterprise Survey : Country Highlights
The World Bank Group conducted face-to-face interviews with top managers and business owners of 368 enterprises in Lao PDR from January 2016 through June 2016. The Enterprise Survey (ES) sample is representative of Lao PDR’s formal private sector....
| Main Author: | |
|---|---|
| Format: | Technical Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/594031505113701232/Enterprise-surveys-Lao-PDR-country-highlights-2016 http://hdl.handle.net/10986/28475 |
| Summary: | The World Bank Group conducted
face-to-face interviews with top managers and business
owners of 368 enterprises in Lao PDR from January 2016
through June 2016. The Enterprise Survey (ES) sample is
representative of Lao PDR’s formal private sector. The ES
covers several aspects of business environment along with
measures of firm performance. The main highlights from the
survey are: firms in Lao PDR lag behind comparator countries
in terms of annual sales and employment growth; fewer firms
use bank financing than in 2012, but the proportion of
bank-financed investments has increased; compared to 2012,
Laotian firms spend less time to obtain permits and to
comply with regulations; fewer firms in Lao PDR are offering
formal training compared to 2012 and to regional
comparators; and firms consider informal competitors as the
biggest business environment obstacle. |
|---|