The Truth About the New Laos Minimum Wage Hike
After months of deliberation, Laos’ Prime Minister Thongloun Sisoulith announced this week that the country’s minimum wage will increase from 900,000 kip ($108) to 1.1 million kip per month. This rise is set to take effect from early next month.
[…]Unlike neighboring Myanmar, Cambodia, and Vietnam, Laos’ low-cost manufacturing sector remains in the developmental stages relatively speaking, which industry bodies argue won’t be helped by raising salaries.
David Hutt
