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...
ASEAN-China youth exchange visit held in Cambodia
ASEAN-China youth exchange visit held in Cambodia

The second ASEAN-China youth exchange visit opened in Siem Reap, Cambodia, on June 27th with the participation of 236 delegates representing young people from the 10 ASEAN member countries and China.

Thailand optimistic about bid for UN Security Council seat
Thailand optimistic about bid for UN Security Council seat

Thailand has high hopes that its efforts and advantages will earn the country a non-permanent seat at the United Nations Security Council though the competition is tight, said permanent Secretary of Thai Foreign Ministry Apichart Chinwanno on June 24th.

Cambodia, Myanmar destroy large volume of drugs
Cambodia, Myanmar destroy large volume of drugs

Cambodia burnt down 1.5 tonnes of marijuana, methamphetamine and heroin, which were seized from crackdowns on drug crimes, in response to the International Day against Drug Abuse and Illicit Trafficking (June 26th).

ADB helps Dhaka continue water supply upgrades
ADB helps Dhaka continue water supply upgrades

(CPV) - ADB has approved a new USD275 million loan for water efficiency improvements in Dhaka that will build on ongoing ADB projects to expand water supply in the fast-growing city.

Thailand, Myanmar tighten bilateral cooperation
Thailand, Myanmar tighten bilateral cooperation

Thai Prime Minister Prayut Chan-ocha and Myanmar State Counsellor and Foreign Minister Aung San Suu Kyi reached consensus on workers’ rights and trade cooperation during their meeting on June 24th.

Tornado hits China, killing at least 78 people
Tornado hits China, killing at least 78 people

On June 23rd, a tornado accompanied by hailstorms, thunderstorms and lightning hit Yancheng city, Jiangsu province in China, killed at least 78 people and injured over 500 people, 200 among them critically injured.

Thailand, Laos sign MoU on border security
Thailand, Laos sign MoU on border security

Governor of Thailand’s Nan province Suwat Promsuwan met with Governor of Laos’ Sainyabuli province Pongsawan Sidthawong to sign a Thai-Lao border security agreement to enhance border cooperation.

Global economy continues to slow growth
Global economy continues to slow growth

(CPV) - Bond yields in most emerging East Asian markets continued to track lower from March 1st to May 15th 2016 as investors factored in forecasts of continued slow growth for the global economy, ADB’s latest Asia Bond Monitor said.

ADB, IRRI to promote food security in Asia and Pacific
ADB, IRRI to promote food security in Asia and Pacific

(CPV) - ADB President Takehiko Nakao and International Rice Research Institute (IRRI) Director General Matthew Morell signed an agreement to promote food security in Asia and the Pacific by scaling up collaboration on disseminating research and other knowledge on the role of advanced agricultural technologies in providing affordable food for all.

Tibar-Gleno section of road project opens
Tibar-Gleno section of road project opens

(CPV) - The Tibar-Gleno section of a road project supported by ADB has been completed with an inauguration ceremony held on June 20th 2016 to mark its opening.

Nearly 100 killed by lightning in India
Nearly 100 killed by lightning in India

On June 21st, nearly 100 people were killed and dozens injured in a series of lightning strike in the states of Bihar, Uttar Pradesh and Jharkhand in India.

Thailand, Cambodia agree on closer cooperation
Thailand, Cambodia agree on closer cooperation

Thailand and Cambodia will maintain close ties and deepen existing cooperation, especially on issues of border affairs and labour, Thailand’s Foreign Minister Don Pramudwinai and his Cambodian counterpart Prak Sokhonn agreed at a meeting in Bangkok on June 20th.