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...
2016 Nobel Prize in Chemistry announced
2016 Nobel Prize in Chemistry announced

The 2016 Nobel Prize in Chemistry has been awarded to Jean-Pierre Sauvage, Sir J. Fraser Stoddart and Bernard L. Feringa for their design and production of molecular machines.

António Guterres to be next UN secretary general
António Guterres to be next UN secretary general

Former Portuguese Prime Minister António Guterres will be the next UN Secretary General, after the security council agreed he should replace Ban Ki-moon at the beginning of next year.

Hurricane Matthew hits Cuba
Hurricane Matthew hits Cuba

On October 4th, Hurricane Matthew's strong winds pounded Cuba and the authorities declared a hurricane alert for six eastern provinces; evacuating dozens of thousand people.

Japanese Deputy Foreign Minister to visit Moscow
Japanese Deputy Foreign Minister to visit Moscow

On October 4th, Japanese new agencies announced Deputy Foreign Minister Shinuke Sugiyama would visit Moscow where he would have talks with Russia’s First Deputy Foreign Minister Vladimir Titov, in Russia next week.

WB forecasts Philippine GDP to grow 6 4 percent
WB forecasts Philippine GDP to grow 6.4 percent

The gross domestic product of the Philippines will expand by 6.4 percent in 2016, making the country become one of the fastest growing economies in East Asia and the Pacific, according to an updated report announced by the World Bank (WB) on October 3rd.

Bulgaria’s President of NA to run for President
Bulgaria’s President of NA to run for President

Chairwoman of the National Assembly (NA) Tsetska Tsacheva has been nominated by Bulgaria’s GERB, the party of Prime Minister Boyko Borissov, to run for president in the November 6th election.

Myanmar builds new drug-control policy
Myanmar builds new drug-control policy

Myanmar is drafting a new policy in drug control as part of efforts to deal with drug problem along with crime suppression, Myanmar’s official media reported on October 2nd.

EU upgrades diplomatic mission in Laos
EU upgrades diplomatic mission in Laos

The European Union (EU) has upgraded its Delegation to Laos to a fully-fledged diplomatic mission in recognition of the growing relationship between the two sides.

ADB upgrades China growth forecasts
ADB upgrades China growth forecasts

(CPV) - A stronger-than-expected first half performance and further stimulus measures will see the People’s Republic of China (PRC) post slightly above previously forecast growth for 2016 and 2017, even as domestic and global pressures continue to drag on the economy, says a new ADB study.

UNICEF assists 750,000 people in northeast of Nigeria
UNICEF assists 750,000 people in northeast of Nigeria

UNICEF has revised its humanitarian appeal for Nigeria from USD55 million to USD115 million to assist an additional 750,000 people who can now be reached across conflict-affected areas in the northeast of the country.

ASEAN makes efforts to reduce human trafficking
ASEAN makes efforts to reduce human trafficking

An ASEAN conference on the application of laws, policies and practices to the identification, management and treatment of victims of trafficking, especially women and children, was held in Jakarta, Indonesia on September 28th.

Singapore hosts navy exercise
Singapore hosts navy exercise

Singapore kicked off the Proliferation Security Initiative (PSI) exercise “Deep Sabre 2016” on September 27th at the Changi Command and Control Center.

Bangladesh builds a dual-gauge railway line
Bangladesh builds a dual-gauge railway line

(CPV) - ADB will provide USD1.5 billion to Bangladesh to build a dual-gauge railway line that will bring key trade and tourism to the southernmost parts of Bangladesh. The new railway, part of the Trans-Asia Railway network, will also improve access to Myanmar and beyond.

ASEAN logistics sectors told to collaborate
ASEAN logistics sectors told to collaborate

As trade and commerce is expected to increase between Southeast Asian countries and between them and the world, there will be more opportunities for logistics services providers in the region to connect with each other to take goods to the consumers and to increase their efficiency, according to Thailand’s Department of International Trade Promotion.