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...
Cambodia reveals foreign investment report
Cambodia reveals foreign investment report

Foreign investment in Cambodia between 1994 and 2014 reached USD20 billion, according to a report of the country’s National Bank (NBC) and the Cambodia National Institute of Statistics (NIS) under the Ministry of Planning.

Four hospitals in Aleppo city were reportedly hit several times
Four hospitals in Aleppo city were reportedly hit several times

(CPV) - “Four hospitals in eastern Aleppo city – al-Dakkak, al-Bayan, al-Hakim and al-Zahraa – and a blood blank were reportedly hit several times on July 23rd and 24th disrupting key life-saving health services for up to 300,000 civilians.

GMS officials discuss ways to improve food safety
GMS officials discuss ways to improve food safety

(CPV) - At the 13th Annual Meeting of the Working Group on Agriculture (WGA AM-13) of the Greater Mekong Subregion (GMS), agriculture officials discussed ways to improve food safety and trade, climate friendly agriculture and bioenergy and biomass management.

ASEAN-China joint statement on full, effective DOC implementation
ASEAN-China joint statement on full, effective DOC implementation

Foreign ministers of ASEAN member states and China issued their joint statement on the full and effective implementation of the Declaration on the Conduct of Parties in the East Sea (internationally known as South China Sea) in Vientiane on July 25th.

US encourages Philippines, China to engage in dialogue
US encourages Philippines, China to engage in dialogue

US Secretary of State John Kerry said on July 26th he will encourage the Philippines and China to engage in dialogue and negotiations, following an international arbitral tribunal ruling over the dispute earlier this month.

Mexican, Polish associations backs PCA’s ruling
Mexican, Polish associations backs PCA’s ruling

The Mexican Institute for Friendship and Cooperation with Vietnam (IACMV) and Poland’s Saint Stanislaw Brotherhood have voiced their support for the recent ruling of the Permanent Court of Arbitration (PCA) in The Hague on the Philippines’s lawsuit against China’s claims in the East Sea.

Sri Lanka tries to meet its goal of achieving 100 electrification
Sri Lanka tries to meet its goal of achieving 100% electrification

(CPV) - ADB has approved a loan of USD115 million and USD3.8 million in grants to help Sri Lanka meet its goal of achieving 100% electrification and improve the reliability of its electricity supply, including in former strife-torn areas and on small isolated islands.

54 people die in floods, landslides in Nepal
54 people die in floods, landslides in Nepal

On July 27th, Nepali Ministry of Home Affairs announced at least 54 persons were killed and dozens of people were injured in floods and landslides triggered by incessant monsoon rain in Nepal.

ASEAN-China joint statement on full, effective DOC implementation
ASEAN-China joint statement on full, effective DOC implementation

Foreign ministers of ASEAN member states and China issued their joint statement on the full and effective implementation of the Declaration on the Conduct of Parties in the East Sea (internationally known as South China Sea) in Vientiane on July 25th.

Singapore’s 2016 growth predicted at 1-3 percent
Singapore’s 2016 growth predicted at 1-3 percent

The Monetary Authority of Singapore (MAS) and the central bank of Singapore, on July 25th, forecast a 1-3 percent growth for the country’s GDP growth in 2016 amidst a gloomy world economy.

ASEAN enhances cooperation with partners
ASEAN enhances cooperation with partners

ASEAN foreign ministers had separate meetings with the bloc's partners on July 25th as part of the 49th ASEAN Foreign Ministers’ Meeting (AMM 49) in Vientiane, Laos.

49th ASEAN Foreign Ministers’ Meeting opens in Vientiane
49th ASEAN Foreign Ministers’ Meeting opens in Vientiane

The 49th ASEAN Foreign Ministers’ Meeting (AMM 49) opened in Vientiane, the capital city of Laos, on July 24th under the chair of Laos, the rotary Chair of the Association of South East Asian Nations (ASEAN) this year.

Singapore prohibits newspaper linked to IS
Singapore prohibits newspaper linked to IS

The Singapore Ministry of Communications and Information (MCI) on July 22nd banned the distribution and possession of the Al Fatihin newspaper published by Furat Media, a company linked to the self-proclaimed Islamic State group (IS).

More than 130 dead in China flooding
More than 130 dead in China flooding

More than 130 people have lost their lives and hundreds of people remained missing after heavy rains touched off floods and landslides in China.

Indonesia, Malaysia hold joint military drill
Indonesia, Malaysia hold joint military drill

Around 500 Indonesian soldiers began participating in a joint military drill with Malaysian counterparts in Tanjung Gelang, Kuantan Pahang, Malaysia, from July 21st to August 3rd.

ASEAN senior officials gather in Vientiane
ASEAN senior officials gather in Vientiane

The ASEAN Senior Officials’ Meeting (SOM) took place in Vientiane, Laos, on July 22nd, with the aim to prepare for the 49th ASEAN Foreign Ministers’ Meeting (AMM) and related meetings slated for two days later.

Contemplating 21 new World Heritage sites for 2016
Contemplating 21 new World Heritage sites for 2016

The United Nations Education, Science and Culture Organisation (UNESCO) has added 21 new World Heritage sites at the 40th annual meeting of its World Heritage Committee in Istanbul, Turkey.