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S. Korea's bourse operator donates US$50,000 to flood-hit Laos

All News 14:18 August 10, 2018

SEOUL, Aug. 10 (Yonhap) -- South Korea's stock market operator said Friday it has given US$50,000 to help Laos in its ongoing restoration efforts following a recent deadly flood.

The Korea Exchange delivered the fund to the Bank of the Lao PDR, the southeast Asian country's central bank, earlier this month as a token of consolation and sympathy for the victims, according to its Seoul officials.

On July 23, an auxiliary dam at the Xe Pian Xe Namnoy dam cluster in the country's southwestern part collapsed due to heavy rains, causing flooding in several nearby villages that killed 31 civilians and left more than 100 missing. An estimated 6,000 people were also displaced, according to local media.

Members of the Korea Disaster Relief Team board a plane to leave for Laos at Seoul Airbase in Seongnam, South Korea, on July 29, 2018, in this file photo. (Yonhap)


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