AGP Executive Report
Last update: 7 hours agoWages: Laos will raise the combined minimum wage and living allowance for production, business and service workers to 3.4 million kip a month from January 1, 2027, up from 2.5 million kip. Payments: A new PayNet link lets Malaysian banking-app users pay by QR at participating merchants in Laos and four other markets, extending convenient cross-border payments for visitors. Agriculture: A Korea–Laos trade mission brought 35 Korean food suppliers together with Lao buyers; 13 Lao companies held 20 business meetings to explore imports and distribution. Skills: Lao businesses and vocational training providers are building capacity to deliver apprenticeships and workplace training tailored to employers’ needs. Energy: The Monsoon Wind Power Project in southern Laos is forecast to contribute nearly US$200 million over 25 years and support local communities.
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