AGP Executive Report
Last update: 9 hours agoPersonal Income Tax Update: Laos raised the monthly income exempt from personal income tax from LAK 1.3 million to LAK 2.5 million, effective this month, expanding the tax-free allowance for lower earners while keeping the existing progressive rates (5%–25%) unchanged. Inflation Watch: Laos’ annual inflation eased to 7.4% in June, down from 9.0% in May, with housing, utilities and education among the biggest contributors; authorities say they’ll keep using monetary tools and exchange-rate stabilization to contain pressures. UXO/Cluster Munitions Prep: Laos is stepping up preparations for the Third Review Conference of the Convention on Cluster Munitions (Sept 13–18, 2026) in Vientiane, running technical consultations and protocol briefings with more than 200 participants. International & Party Diplomacy: Laos’ National Assembly president sent a congratulatory message to Cambodia’s Hun Sen marking 70 years of diplomatic ties, while party-to-party contacts continued with Mongolia. Regional Cooperation on Haze: Mekong-region officials, including Laos PM Sonexay Siphandone, warned of rising wildfire and transboundary haze risks as El Niño approaches, with a June 25 meeting held in Vientiane. Innovation & Education: A China-ASEAN innovation competition concluded in Vientiane, and Laos media leaders highlighted the role of media in education and public trust ahead of a national media conference.
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