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LAOS: Monthly Minimum Wage Set to Increase to US$142

The monthly minimum wage in Laos is set to increase from Kip900,000 (US$107) to Kip1,200,000 (US$142), with the increase expected to be implemented following the formal endorsement by the Laotian Prime Minister.

The announcement was made following a recent meeting between representatives of the country’s Ministry of Labour and Social Welfare, the Lao National Chamber of Commerce and Industry, and the Lao Federation of Trade Unions. The proposed increase comes amid concerns of rising living cost in Laos, where the average wage for manufacturing workers is among the lowest in the ASEAN bloc.

Content provided by Picture: HKTDC Research
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