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...
Malaysia to make inroads into Cuban market
Malaysia to make inroads into Cuban market

With positive start in the reestablishment of US-Cuba relations, Malaysia will soon set its foot in the Cuban market, Cuban Ambassador to Malaysia Ibete Fernandez Hernandez stated.

Singapore arrests supporters of terrorism
Singapore arrests supporters of terrorism

Singapore arrested 27 Bangladeshi men in late 2015 as they supported the extremist ideology of terrorist groups like Al-Qaeda and the so-called Islamic State (IS), the Ministry of Home Affairs (MHA) said on January 20th.

ADB stands ready to support reforms in Tajikistan
ADB stands ready to support reforms in Tajikistan

(CPV) - Sean O’Sullivan, Director General of ADB’s Central and West Asia Department, concluded a two-day visit to Tajikistan on January 20th 2016, during which he met with Prime Minister Kokhir Rasulzoda and other senior government officials to discuss the country's development priorities and current economic situation, ADB’s assistance program, and reaffirm ADB’s continued support for national de

Laos pursues goals towards socialism
Laos pursues goals towards socialism

The Lao People’s Revolutionary Party (LPRP) is continuing to implement its strategic tasks in line with the comprehensive and principal renovation policy with a focus on Party building and ideology.

Indonesia considers new security steps
Indonesia considers new security steps

Indonesia is considering new measures to help prevent terror attacks following the suicide bombing in the capital Jakarta last week that claimed eight lives and injured bout 20.

Lao party marks strong development
Lao party marks strong development

The 10th National Congress of the Lao People’s Revolutionary Party (LPRP) kicked off in Vientiane on January 18th, a turning point marking the strong development of the party in both quantity and quality.

ADB loan to help Yingda Fund hospital facilities in China
ADB loan to help Yingda Fund hospital facilities in China

(CPV) - ADB is extending an up to USD75 million equivalent loan to Yingda International Leasing, which will allow it to expand badly-needed funding for healthcare equipment and facilities at hospitals in the central and western regions of the People’s Republic of China (PRC).

Laos LPRP convenes 10th National Congress
Laos: LPRP convenes 10th National Congress

The 10th National Party Congress of the Lao People’s Revolutionary Party (LPRP) kicked off in Vientiane on January 18th, attended by 685 delegates from 18 cities and provinces across the country.

Singapore to focus on five key goals in 2016
Singapore to focus on five key goals in 2016

President of Singapore Tony Tan Keng Yam outlined five key goals for the country’s government to fulfill in 2016 in his opening address to the 13th Parliament on January 15th.

ADB President congratulates the opening of AIIB
ADB President congratulates the opening of AIIB

(CPV) - On the occasion of the establishment of the Asian Infrastructure Investment Bank (AIIB) with the Opening Ceremony to be held in Beijing, People’s Republic of China on January 16th 2016, ADB President Takehiko Nakao sends his congratulations to the AIIB founding members, Mr. Jin Liqun, who was just officially made the first president of AIIB, and the staff of the Mulitilateral Secretariat w

ASEAN, China condemns Jakarta attack
ASEAN, China condemns Jakarta attack

Both the ASEAN community and China have publicly criticized the gunfire and bomb attacks that took place in Indonesia’s capital Jakarta on January 14th.

ADB helps MSMEs in Sri Lanka to broaden access to finance
ADB helps MSMEs in Sri Lanka to broaden access to finance

(CPV) - ADB and LOLC Finance, one of Sri Lanka’s leading non-bank financing institutions, have signed an agreement for a loan totaling USD69 million to help expand funding support to micro- small- and medium-sized enterprises (MSMEs), which play a key role in the economy.

At least seven killed in Jakarta attack
At least seven killed in Jakarta attack

Consecutive explosions and gunfire took place in the heart of Indonesia’s capital of Jakarta in the morning of January 14th, leaving at least seven people dead, including four suspected terrorists.

Digital technologies remain out of sight for the four billion people WB
Digital technologies remain out of sight for the four billion people: WB

(CPV) - “While the Internet, mobile phones and other digital technologies are spreading rapidly throughout the developing world, the anticipated digital dividends of higher growth, more jobs, and better public services have fallen short of expectations, and around four billion people remain excluded from the ever-expanding digital economy”.

Philippine court allows military deal with US
Philippine court allows military deal with US

The Philippines’ Supreme Court on January 12th declared a security deal with the United States constitutional, allowing an increased US military presence in the country.

Thailand’s media opposes China’s test flights
Thailand’s media opposes China’s test flights

Thailand’s media has raised strong objections to China’s test landing of planes on an airstrip illegally built on Chu Thap (Fiery Cross) Reef in Vietnam’s Truong Sa (Spratly) archipelago, saying this action escalates tensions and instabilities in the region.

Dengue fever worries Malaysia
Dengue fever worries Malaysia

Malaysia recorded 336 dengue deaths – the highest ever – last year, up 56.3 percent from that of 2014.

Thailand sets to become global destination
Thailand sets to become global destination

The Government of Thailand has put forth a tourism development strategy that looks to turn the country into one of the five leading global destinations in the next 20 years.

Cambodia Ruling party holds 39th meeting
Cambodia: Ruling party holds 39th meeting

The ruling Cambodian People’s Party (CPP) convened its 39th meeting in Phnom Penh on January 9th with the participation of some 1,650 representatives from 25 cities and provinces nationwide.