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...
Dubai to build world’s largest e- library
Dubai to build world’s largest e- library

The Ruler of Dubai Sheikh Mohammed Bin Rashid Al-Maktoum has issued a law to establish a library, worth USD270 million with two million e-books, making it the world's largest electronic collection, UAE state news agency WAM reports.

ADB loan to support Cambodia s financial sector
ADB loan to support Cambodia's financial sector

(CPV) - ADB has approved a USD40 million loan and a USD600,000 technical assistance grant to help strengthen Cambodia’s financial sector and promote financial inclusion within the country’s unbanked population.

Dozens of new Zika cases in Thailand and Philippines
Dozens of new Zika cases in Thailand and Philippines

On November 16th, Thai health officials announced 33 new Zika virus cases have been detected in the country as officials step up screening for groups at high risk from the disease such as pregnant women.

Uzbekistan improves water supply in Tashkent province
Uzbekistan improves water supply in Tashkent province

(CPV) - ADB has approved a USD120 million loan to improve access to safe, reliable, sustainable, and affordable water supply services for over 260,000 inhabitants in the Kibray and Zangiota districts of Tashkent Province.

Cambodia expects to welcome 5 million tourists
Cambodia expects to welcome 5 million tourists

Cambodia expects to welcome some 5 million tourists by this end of this year, as the number of visitors to the country has seen a sharp increase by approximately 2 million people during the last four months, according to the Cambodian News Agency (AKP).

Indonesia improves public expenditure management
Indonesia improves public expenditure management

(CPV) - ADB has approved a USD500 million loan to help Indonesia manage and improve its fiscal and public expenditure management in support of ongoing efforts to reduce poverty and income inequality.