Open AccessThe Emergence of a Multinational Corporation From a Developing Country: A Case Study of TM Berhad International Expansion
Author(s) -
Pemasiri J. Kitchen,
Syed Zamberi Ahmad
Publication year - 2009
Publication title -
international journal of business and management
Language(s) - English
Resource type - Journals
eISSN - 1833-8119
pISSN - 1833-3850
DOI - 10.5539/ijbm.v3n1p93
Subject(s) - promulgation , foreign direct investment , multinational corporation , foreign capital , democracy , corporation , distribution (mathematics) , international trade , business , capital (architecture) , investment (military) , development economics , international economics , economy , political science , economics , geography , finance , mathematical analysis , mathematics , archaeology , politics , law
Foreign direct Investment (FDI) has played an important role in the development of the economy of Lao Peoples Democratic Republic (Lao PDR or Laos) in recent decades. Economic transition of Laos to a market-driven economy has attracted international investor attention. This paper examines the trends of foreign capital inflows to Laos as they increased since the promulgation of FDI law in 1988. The paper also describes the sources and types of FDI in Laos. The sectoral, provincial and legal-type distribution of FDI in Laos are investigated. Finally, the paper provides an overview of the trends and patterns of Australian investments in Laos