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...
Pacific Liaison and Coordination Office focused on development effectiveness
Pacific Liaison and Coordination Office focused on development effectiveness

(CPV) - Emma Xiaoqin Fan, who assumed office on June 20th 2016 as the new Regional Director of ADB’s Pacific Liaison and Coordination Office (PLCO) in Sydney, Australia, said she values the opportunity to enhance development effectiveness in the Pacific and to strengthen aid coordination in her new role.

Mexico-Asia Pacific committee set up
Mexico-Asia Pacific committee set up

The Mexico-Asia Pacific standing committee (CEMAP) has been set up, aiming to tightening multi-faceted cooperation between Mexico and nations in the Asia Pacific region.

Virginia Raggi becomes first female mayor of Rome
Virginia Raggi becomes first female mayor of Rome

Virginia Raggi, a 37-year-old lawyer from the Five Star Movement political party, swept two-thirds of the votes cast in a run-off contest with her rival, Roberto Giachetti, to become Rome’s first female mayor.

GE sets Guinness world records for most efficient power plant
GE sets Guinness world records for most efficient power plant

(CPV) - GE and EDF have officially began operation of the first ever combined-cycle power plant equipped with GE’s air-cooled HA gas turbine in Bouchain (France), launching a new era of power generation technology and digital integration.

Powerful earthquake hits Japan
Powerful earthquake hits Japan

On June 16th, an earthquake measuring 5.3 on the Richter scale hit the northern city of Hakodate, Hokkaido in Japan. However, the quake did not cause tsunami, the agency said.

French foreign minister visits Myanmar
French foreign minister visits Myanmar

French Minister for Foreign Affairs and International Development Jean-Marc Ayrault arrived in the Myanmar capital of Nay Pyi Taw on June 16th on a three-day visit to Myanmar, announced the French Embassy in Yangon on June 17th.

Louvre Abu Dhabi transformed into “Museum on the Sea”
Louvre Abu Dhabi transformed into “Museum on the Sea”

The Tourism Development and Investment Company, TDIC, the master developer of major tourism, cultural and residential destinations in Abu Dhabi, said it has begun removing temporary sea protection walls used during the main construction phase, allowing the "integration of the sea" with the museum.

EgyptAir MS804’s main wreckage site found
EgyptAir MS804’s main wreckage site found

On June 15th, the air crash investigators in Egypt said they have found the main wreckage sites of EgyptAir flight MS804, which plunged into the Mediterranean on May 19th.

ASEAN pledges contributions to UN Human Rights Council
ASEAN pledges contributions to UN Human Rights Council

The Association of Southeast Asian Nations (ASEAN) is committed to continue to make contributions to the UN Human Rights Council, said the ASEAN Coordinator at the Council at the working session marking the council’s 10th anniversary in Geneva, Switzerland, on June 13th.

US, Singapore affirm partnership in addressing challenges
US, Singapore affirm partnership in addressing challenges

US National Security Advisor Susan Rice on June 9th met with Singaporean Foreign Minister Vivian Balakrishnan at the White House, Washington DC, to discuss the two countries’ close partnership in addressing regional and global challenges.

UN to screen film on Agent Orange victim
UN to screen film on Agent Orange victim

A documentary featuring a young victim of Agent Orange, by director Courtney Marsh, will be screened shortly at the United Nations headquarters in New York.

ASEAN, Chinese senior officials convene 12th meeting on DOC
ASEAN, Chinese senior officials convene 12th meeting on DOC

ASEAN and Chinese senior officials reviewed the implementation of the Declaration on the Conduct of Parties in the East Sea (DOC) and discussed the building of a Code of Conduct in the East Sea (COC) during their 12th meeting in the northern province of Quang Ninh on June 9th.

Singapore proposes ASEAN spokesperson
Singapore proposes ASEAN spokesperson

Singaporean Prime Minister Lee Hsien Loong has proposed that Myanmar’s State Counsellor and Minister of Foreign Affairs Aung San Suu Kyi serve as the spokesperson of the Association of Southeast Asian Nations (ASEAN) on international affairs.

2016 global growth forecast to 2 4  World Bank
2016 global growth forecast to 2.4%: World Bank

(CPV) - Due to sluggish growth in advanced economies, stubbornly low commodity prices, weak global trade, and diminishing capital flows, the World Bank is downgrading its 2016 global growth forecast to 2.4% from the 2.9% pace projected in January.

10 most attractive destinations in Europe
10 most attractive destinations in Europe

American travel website TripAdvisor recently released the results of its Travellers' Choice Awards 2016, to revealing the top 10 most attractive destinations in Europe.