Bank Of The Lao P.D.R.
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Bank Of The Lao P.D.R.
Bank of the Lao P.D.R., located in Vientiane, is the central bank of Laos. It is also the bank of last resort, controlling the money supply, managing the country's reserves, and supervising the commercial banks operating in Laos. The bank is managed by an executive board, a governor and a deputy governor. The current governor is Xonexay Sithphaxay. The Bank of Laos was formed on and has been since operating in the country's capital. Governors ; Managing director of the National Bank (1975–1983) * Thongchanh Uparavanh, 2 December 1975 – 1977 * Nouphanh Sithphasai, 1978–1980 * Khamphoui Keoboualapha, 1980 (3 months) *Soth Phetrasy, 1980–1983 ; Chairman of the State Bank (1983–1990) * Bousabong Souvannavong, 1983–1987 * Nouphanh Sithphasai, 1987–1988 *Pany Yathotou, 1988–1990 ; Governor of the State Bank (1990–present) *Pany Yathotou, 1990–1992 * Bousabong Souvannavong, 1993–1994 *Pany Yathotou, 1995–1997 * Cheuang Sombounkhanh, 1997–1999 * Soukanh Ma ...
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State Ownership
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owne ...
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Haw Phra Kaew
Haw Phra Kaew ( lo, ຫໍພຣະແກ້ວ), also written as Ho Prakeo, Hor Pha Keo and other similar spellings, is a former temple in Vientiane, Laos. It is situated on Setthathirath Road, to the southeast of Wat Si Saket. It was first built in 1565 to house the Emerald Buddha, but has been rebuilt several times. The interior now houses a museum of religious art and a small shop. History Haw Phra Kaew was built in 1565–1566 on the orders of King Setthathirath after he moved the capital from Luang Prabang to Vientiane. The temple was built on the grounds of the royal palace to house the Emerald Buddha figurine, which Setthathirath had brought from Chiang Mai, then the capital of Lanna, to Luang Prabang. The temple was used as Setthathirath's personal place of worship, and because of this, there were no resident monks in this temple unlike other temples in Laos. The Emerald Buddha stayed in the temple for over 200 years, but in 1779, Vientiane was seized by the Siamese ...
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Vang Vieng
Vang may refer to: People Vang is a common surname among Hmong Americans, including *Vang Pao (1929–2011), Lieutenant General in the Royal Lao Army and a leader of the Hmong American community in the United States *Ka Vang (born 1975), writer *Chai Vang (born 1968), convicted murderer *Bee Vang (born 1991), actor, best known as Thao Vang Lor in ''Gran Torino'' *Katie Ka Vang, artist, playwright *Bora Vang (born 1987), Chinese-born Turkish table tennis player Places *Vang, Bornholm, a village on the island of Bornholm, Denmark *Vang, Innlandet, a municipality in Innlandet county, Norway **Vang i Valdres, a village in the municipality of Vang in Innlandet county, Norway *Vang, Hedmark, a former municipality in the old Hedmark county, Norway *Vang, a village in Ka Choun, Cambodia *Vəng (other), a list of similarly-named places in Azerbaijan Other * Vang (spritsail), a sailing part *Boom vang, a sailing part *Gaff vang, a sailing part *D-alanine—D-serine ligase D-Alan ...
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That Luang
Pha That Luang ( lo, ທາດຫຼວງ or ພຣະທາດຫລວງ; 'Great Stupa') is a gold-covered large Buddhist stupa in the centre of the city of Vientiane, Laos. Since its initial establishment, suggested to be in the 3rd century AD, the stupa has undergone several reconstructions as recently as the 1930s due to foreign invasions of the area. It is generally regarded as the most important national monument in Laos and a national symbol. History Buddhist missionaries from the Mauryan Empire are believed to have been sent by the Emperor Ashoka, including Bury Chan or Praya Chanthabury Pasithisak and five Arahanta monks who brought a sacred relic (believed to be the breastbone) of Lord Buddha and enshrined into the stupa in 3rd century BC. It was rebuilt in the 13th century as a Khmer temple which fell into ruin. In the mid-16th century, King Setthathirat relocated his capital from Luang Prabang to Vientiane and ordered the construction of Pha That Luang in 15 ...
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Luang Prabang
Luang Phabang, ( Lao: ຫລວງພະບາງ/ ຫຼວງພະບາງ) or ''Louangphabang'' (pronounced ), commonly transliterated into Western languages from the pre-1975 Lao spelling ຫຼວງພຣະບາງ (ຣ = silent r) as Luang Prabang, literally meaning " Royal Buddha Image", is a city in north central Laos, consisting of 58 adjacent villages, of which 33 comprise the UNESCO ''Town Of Luang Prabang'' World Heritage Site.Application of Information and Communication Technology to Promote Sustainable Development A Case Study: Town of Luang Prabang, Lao PDR
(pdf) Tokyo Institute of Technology, Retrieved June 15, 2016
It was listed in 1995 for unique and "remarkably" well preserved architectur ...
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Wat Xieng Thong
Wat Xieng Thong ( lo, ວັດຊຽງທອງ; "Temple of the Golden City") is a Buddhist temple (vat or wat) on the northern tip of the peninsula of Luang Phrabang, Laos.Lall, Vikram. ''The Golden Lands: Cambodia, Indonesia, Laos, Myanmar, Thailand & Vietnam / Vikram Lall ; Editorial Direction Joan Foo Mahony.'' New York, NY: Abbeville Press Publishers. Print. Built between 1559 to 1560 by King Setthathirath, Wat Xieng Thong is one of the most important of Lao monasteries and remains a significant monument to the spirit of religion, royalty and traditional art. Etymology The name Vat Xieng Thong (Lao: ວັດຊຽງທອງ), means "Temple of the Golden City."Stuart-Fox, Martin, and Kooyman, Mary. ''Historical Dictionary of Laos / by Martin Stuart-Fox and Mary Kooyman.'' Metuchen, N.J: Scarecrow Press. Print. In Lao, wat, or vat, means Buddhist temple; these buildings are central to the life of Laotian communities.LeBar, Frank M., and Suddard, Adrienne. ''Laos: Its ...
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Lao Theung
The Lao Theung or Lao Thoeng (Lao: ລາວເທິງ ) is one of the traditional divisions of ethnic groups living in Laos (the others being the Lao Loum and the Lao Soung). It literally indicates the "midland Lao", and comprises a variety of different ethnic groups of mostly Austro-Asiatic origin. In 1993, the Lao Theung formed 24% of the country's population. History Lao Theung are largely of Mon-Khmer stock, and are believed to be the autochthonous population of mainland Southeast Asia, having migrated south in pre-historical time. Their legendary origin is related in the "Pumpkin Story" in James McCarthy's account of 1894. Although they now live in the higher uplands of Laos, they were originally paddy rice farmers, until displaced by the influx of Lao Loum migration into southeast Asia from Southern China. See upland rice farmers' challenges. Culture Within Laos, the Lao Theung are sometimes referred to by the pejorative term ''khaa'' (Lao: ຂ້າ), meaning "slav ...
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Lao Sung
Lao Sung or more commonly Lao Soung ( Laotian: ລາວສູງ ) is an official Laotian designation for highland dwelling peoples of Hmong, Yao and Tibeto-Burman origins in Laos (the others being the Lao Loum and the Lao Theung). Lao Soung make up 9% of the Laotian population in Laos. They mostly practice indigenous religions classified together as Satsana Phi, including Lao ''phi'' worship, and Yao Taoism. Some practice Theravada Buddhism. Some Lao Soung fought against the communist Pathet Lao government in 1975 to keep the Royal Lao Government in power. Many moved from southern China and Laos to the U.S., France and Australia Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ... in the 1960s, 1970s, and 1980s to escape the communist governments there. References {{Ethnic group ...
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Lao Lum
The Lao people are a Tai ethnic group native to Southeast Asia, who speak the eponymous language of the Kra–Dai languages. They are the majority ethnic group of Laos, making up 53.2% of the total population. The majority of Lao people adhere to Theravada Buddhism. They are closely related to other Tai people, especially (or synonymous) with the Isan people, who are also speakers of Lao language, but native to neighboring Thailand. In Western historiography, terms ''Lao people'' and ''Laotian'' have had a loose meaning. Both terms have been irregularly applied both to all natives of Laos in general, aside from or alongside ethnic Lao during different periods in history. Since the end of French rule in Laos in 1953, ''Lao'' has been applied solely to the ethnic group while Laotian refers to any citizen of Laos regardless of their ethnic identity. Certain countries still conflate the terms in their statistics. Names The etymology of the word ''Lao'' is uncertain, althou ...
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Thai Baht
The baht (; th, บาท, ; currency sign, sign: ฿; ISO 4217, code: THB) is the official currency of Thailand. It is divided into 100 ''satang'' (, ). The issuance of currency is the responsibility of the Bank of Thailand. Society for Worldwide Interbank Financial Telecommunication, SWIFT ranked the Thai baht as the 10th-most-frequently used world payment currency as of January 2019. History The Thai baht, like the Pound (currency), pound, originated from a traditional unit of mass. Its currency value was originally expressed as that of silver of corresponding weight (now defined as 15 grams), and was in use probably as early as the Sukhothai Kingdom, Sukhothai period in the form of bullet coins known in Thai as ''phot duang''. These were pieces of solid silver cast to various weights corresponding to a Thai units of measurement, traditional system of units related by simple fractions and multiples, one of which is the ''baht (unit), baht''. These are listed in the follo ...
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