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...
Australia helps Kiribati to improve road network on South Tarawa
Australia helps Kiribati to improve road network on South Tarawa

(CPV) - “I would like to thank ADB, the Government of Australia, and the World Bank for jointly cofinancing this very important project with the Government of Kiribati,” Anote Tong, interim President of Kiribati, said at the opening ceremony. “This project will provide smoother and safer travel to clinics, markets and schools in Tarawa for almost half of my country’s population.”

Thailand, Cambodia vow multual support at UN
Thailand, Cambodia vow multual support at UN

Thailand and Cambodia have pledged to boost agreements signed during a joint cabinet meeting in December 2015 and support each other at the UN, said Thai Foreign Minister Don Pramudwinai on February 26th.

Car bomb attack in southern Thailand
Car bomb attack in southern Thailand

At least seven policemen and two locals were seriously injured in a car bomb detonated near a Border Patrol Police (BPP) station in Thailand’s southern province of Pattani on February 27th.

FC Barcelona, UNICEF mark 10 years of partnership for children
FC Barcelona, UNICEF mark 10 years of partnership for children

(CPV) - FC Barcelona and UNICEF renewed their commitment to the most vulnerable children on February 25th 2016, signing a new 4-year agreement. The renewal comes as the two organizations mark the 10-year anniversary of a partnership that already has helped improve the lives of over 1 million children in seven countries.

Murtaza receives signed soccer jerseys and ball donated by Lionel Messi
Murtaza receives signed soccer jerseys and ball donated by Lionel Messi

(CPV) - Five year old Murtaza Ahmadi, an Afghan boy whose photo went viral after he was pictured wearing an Argentine National Team soccer jersey made from a plastic bag with ‘Messi’ and the number ’10’ penned on the back, today received a special package sent by UNICEF Goodwill Ambassador Lionel Messi.

Thailand, Russia work to promote bilateral trade
Thailand, Russia work to promote bilateral trade

Thailand and Russia are targeting to increase the value of their bilateral trade fivefold in the next five years, announced Thai Commerce Minister Apiradi Tantraporn on February 26th.

New Zealand helps Tonga after Cyclone lan
New Zealand helps Tonga after Cyclone lan

(CPV) - The Prime Minister of Tonga, ʻAkilisi Pōhiva, ADB Vice-President, Stephen P. Groff, and New Zealand High Commissioner to Tonga, Sarah Walsh, participated in an opening ceremony on February 26th 2016 and formal handover of schools rebuilt and refurbished after they were damaged by Cyclone Ian in 2014.

Singapore’s CPI down for 15th straight month
Singapore’s CPI down for 15th straight month

Singapore’s inflation rate in January dropped 0.6 percent compared with the same period last year, according to a joint report released by the Ministry of Trade and Industry (MTI) and the Monetary Authority of Singapore (MAS) on February 23rd.

Indonesia aims for single-digit lending rate
Indonesia aims for single-digit lending rate

The Indonesian government aims to bring the lending rate across the banking system down to a single digit, as part of its attempt to create more affordable financing to stoke growth in the country, according to the Jakarta Post on February 23rd.

Sri Lanka expands Colombo port operations
Sri Lanka expands Colombo port operations

(CPV) - ADB and the Sri Lanka Ports Authority (SLPA) today signed a transaction advisory services agreement to develop the East Container Terminal (ECT) of Colombo Port through public–private partnership (PPP).

Laos prepares for upcoming general election
Laos prepares for upcoming general election

Major issues regarding the upcoming election for deputies to the eighth National Assembly and members of the provincial People’s Councils of Laos were released at a press briefing in Vientiane on February 22nd.