Lao companies slow to adapt to wage increases, says govt report


VIENTIANE (Laotian Times): Many companies across Laos have shown reluctance to comply with government initiatives to raise the minimum wage.

Despite the government’s approval of a minimum wage increase in 2023, it has proven insufficient to counteract the escalating prices of food and consumer goods.

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Laos , wage Increase , companies , 10% raise , very slow

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