AGP Executive Report
Last update: 10 hours agoLaos Economy: Laos’ inflation eased to 7.4% in June, down from 9.0% in May, with housing, utilities and transport still driving the biggest price increases, as the government reiterates its push for macroeconomic stability. UXO & Diplomacy: Laos is stepping up preparations for the Third Review Conference of the Convention on Cluster Munitions (Sept 13–18, 2026) in Vientiane, with consultations focused on a people-centred approach to UXO action. Tax Policy: Laos raised the monthly income exempt from personal income tax to LAK 2.5 million, giving lower earners a bigger tax-free allowance while keeping the same progressive rates above the threshold. Regional Environment: Laos Prime Minister Sonexay Siphandone warned that rising temperatures and El Niño could worsen forest and peatland fires and transboundary haze, with ministers meeting in Vientiane to coordinate cross-border action. Science & Innovation: The 4th China–ASEAN Innovation and Entrepreneurship Competition finals were held in Vientiane, highlighting regional innovation cooperation. Bilateral Ties: Laos’ National Assembly President sent congratulations to Cambodia’s Hun Sen on 70 years of Laos–Cambodia diplomatic relations, underscoring continued cooperation.
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