AGP Executive Report
Last update: 8 hours agoAgrifood Investment: FAO and partners identified more than US$3 billion in potential climate-smart agriculture investments across Southeast Asia, with Laos among countries backing work on resilient farming and affordable insurance. Power Exports: Tuas Power, Electricité du Laos and Phongsupthavy Group will explore exporting up to 500MW of renewable electricity to Singapore under a possible five-to-15-year arrangement, mainly using hydropower and potentially solar and wind. Energy Policy: Laos is reviewing the Xekong thermal power project as tariff reforms test the balance between utility finances and affordability. Vehicle Imports: The Industry and Commerce Ministry revoked import licences for six vehicle companies, barring them from importing four-wheel vehicles unless they secure fresh approval. Labour Costs: The private-sector minimum wage is set to rise to LAK3.4 million from January 2027.
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