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...
Donald Trump wins US Presidency
Donald Trump wins US Presidency

Republican Donald Trump has defeated Democrat Hillary Clinton in a stunning victory to be the 45th President of the United States.

ASEAN culture-information committee opens 51st meeting in Laos
ASEAN culture-information committee opens 51st meeting in Laos

The 51st meeting of the ASEAN Committee on Culture and Information (ASEAN-COCI 51) convened in Vientiane, Laos on November 8th, focusing on evaluating the results of regional cooperation in culture and information as well as seeking new partnership initiatives.

Myanmar plans to expand Yangon city
Myanmar plans to expand Yangon city

The authorities of Yangon city of Myanmar are planning to expand the city in the southwest direction with new seven satellite towns, reported local newspaper “Myawaddy” on November 7th.

Philippines Zika cases continue rising
Philippines: Zika cases continue rising

The Philippines has recorded six more Zika virus infection cases, bringing the total number of locally-transmitted cases to 23, Health Secretary Paulyn Ubial told the press on November 4th.

Key indicators for Asia and the Pacific 2016 released
Key indicators for Asia and the Pacific 2016 released

(CPV) - The 2016 edition of Key Indicators for Asia and the Pacific has just been released. Key Indicators 2016 provides the latest available economic, financial, social, and environmental statistics for the 48 regional members of ADB. Highlights of this year’s report include:

Irish newspapers report President’s visit to Vietnam
Irish newspapers report President’s visit to Vietnam

On November 6th, Irish Times reports that President Michael D Higgins has begun an eight-day visit to Vietnam and Laos that will focus on boosting bilateral ties, especially in trade, investment, development, education and training.

Philippines Zika cases continue rising
Philippines: Zika cases continue rising

The Philippines has recorded six more Zika virus infection cases, bringing the total number of locally-transmitted cases to 23, Health Secretary Paulyn Ubial told the press on November 4th.

Russia, Indonesia boost tourism cooperation
Russia, Indonesia boost tourism cooperation

The Russia-Indonesia Business Council (RIBC) is seeking to draw Indonesian tourists to Russia and vice versa in 2016 and the following years to propel the bilateral economic relations forward.

Thailand beefs up security in Bangkok
Thailand beefs up security in Bangkok

Thailand’s authorities has stepped up security in Bangkok since November 3rd following an alert of possible car bomb attacks in the capital city.

RoK President appoints new Prime Minister
RoK President appoints new Prime Minister

On November 2nd, President of the Republic of Korea Park Geun-hye appointed Mr. Kim Byong-joon, a professor at Kookmin University, as new Prime Minister, replacing Mr. Hwang Kyo Anu.

Thai military tightens monitoring over rice mills
Thai military tightens monitoring over rice mills

Thailand’s military has deployed soldiers to seek cooperation from all rice mills nationwide, requesting them to buy grains from farmers at a “reasonable” price in an effort to prevent the plunge of rice prices on the market.

Improving strategic road connection on Armenia-Georgia border
Improving strategic road connection on Armenia-Georgia border

(CPV) - ADB has approved a USD50 million loan to improve the transport efficiency and safety of the M6 Highway from Vanadzor in Armenia to the border with Georgia at Bagratashen, one of the most strategic roads for internal and external trade.

Egypt floods kill at least 22
Egypt floods kill at least 22

The Egyptian Government has announced at least 22 people were killed and 72 injured in recent floods which swept through parts of the country.