Thailand to adopt global minimum tax from early 2025

Thailand to adopt global minimum tax from early 2025

Thailand will implement a global minimum corporate tax of 15% on multinational enterprises from January 1, 2025, the country’s finance ministry said on December 27.
Indonesia promotes direct durian export to China
Indonesia promotes direct durian export to China
As durian demand in China could reach 8 billion USD, Indonesia is undertaking durian export to China, a process that the government started a while...
Bangladesh to strengthen economic management and governance
Bangladesh to strengthen economic management and governance
(CPV) - The Asian Development Bank (ADB) will provide a $600 million policy-based loan (PBL) to the Government of Bangladesh, with a package of...
Philippine President urges residents to evacuate after Mt Kanlaon eruption
Philippine President urges residents to evacuate after Mt Kanlaon eruption
Philippine President Ferdinand Marcos Jr. on December 13 urged residents affected by the eruption of Kanlaon Volcano in the central part of the...
Museums opens for visitors in 2017
Museums opens for visitors in 2017

Among destinations attracting a number of tourists are museums which hold the quintessence of culture. The following museums opening for tourists in 2017 promise to be interesting destinations for those who love art when travelling abroad.

Malaysia, New Zealand push for RCEP following US pullout from TPP
Malaysia, New Zealand push for RCEP following US pullout from TPP

Malaysia will focus on regional economic integration and the conclusion of the Regional Comprehensive Economic Partnership (RCEP) as the Trans-Pacific Partnership (TPP) agreement could not materialise following the withdrawal of the US, local officials said on January 24th.

Philippines wants to maintain ASEAN solidarity
Philippines wants to maintain ASEAN solidarity

Philippine Defence Minister Delfin Lorenzana said on January 23rd that his country wants to preserve unity and establish a mechanism to resolve disputes in the East Sea.

Japanese cabinet ratifies TPP
Japanese cabinet ratifies TPP

The cabinet of Japanese Prime Minister Shinzo Abe ratified the Trans-Pacific Partnership (TPP) on January 20th, one month after the country’s parliament passed the agreement and related laws.

Optimistic outlook for Thailand’s economy in 2017
Optimistic outlook for Thailand’s economy in 2017

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) of Thailand has revised up prediction for the country’s 2017 export growth on the back of brighter local and global economic outlook.

Cuba, US talks on human trafficking
Cuba, US talks on human trafficking

On January 16th, the Cuban Ministry of Foreign Affairs announced that representatives of Cuba and the US have held the fourth bilateral meeting on human trafficking on January 12th - 13th in Washington.

Chinese President visits Switzerland
Chinese President visits Switzerland

President of China Xi Jinping has arrived in Switzerland for his state visit and to attend the annual meeting of the World Economic Forum (WEF) in Davos.

Shinzo Abe supports USD8 7 billion to Philippines
Shinzo Abe supports USD8.7 billion to Philippines

Japanese Prime Minister Shinzo Abe has pledged to support an aid package of around USD8.7 billion for the Philippines on his first state-visit this year in Davao City, the Philippines.

Samoa reforms fiscal management
Samoa reforms fiscal management

(CPV) - ADB and the Government of Samoa signed a policy-based grant worth USD5 million on January 11th 2017 to help the Pacific island nation achieve long-term fiscal stability.

China to put more low-emission buses on city roads
China to put more low-emission buses on city roads

(CPV) - ADB signed a USD75 million loan with Everbright Financial Leasing (EFL) on January 10th 2017 to put more low-emission buses on city roads in the People’s Republic of China (PRC).

David Clementi appointed new Chairman of BBC
David Clementi appointed new Chairman of BBC

Sir David Clementi, a former Deputy Governor of the Bank of England David Clementi, has been appointed as the British Broadcasting Corporation - BBC’s new Chairman.

Thai King orders charter amendment
Thai King orders charter amendment

Thailand’s new King Maha Vajiralongkorn has ordered sections regarding royal power in the country’s draft constitution to be rewritten, said Thai Prime Minister (PM) Prayuth Chan-o-cha on January 10th.