Production

Laos launches face mask and hand sanitizer production

The Lao PDR faced serious shortages and price fluctuations of medical supplies during the COVID-19 pandemic, as the country is heavily dependent on imports. The critical need for supply and quality control of medical products in the market has appeared

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NA members proposes increasing minimum wage

Members of the National Assembly have asked the government to increase the minimum wage as people’s cost of living keeps rising. Months ago, the Lao Federation of Trade Unions proposed increasing minimum wage from 1.1 million kip to 1.5 million

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Budget deficit reduces to 0.33% of GDP

State budget deficit for 2021 has declined from 3.95 trillion kip (approx USD 228.1 m), 2.17% of GDP, to 602.4 billion kip (approx USD34.7 m), 0.33% of the country’s gross domestic product – GDP – of 184 trillion kip (10.6

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