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, UN vow to advance comprehensive partnership
ASEAN, UN vow to advance comprehensive partnership

Representatives of ASEAN member countries and UN officials reviewed the implementation of projects and cooperation activities within the ASEAN-UN Plan of Action for 2016-2020, during their annual meeting on September 15.

ASEAN, Australia look toward stronger partnership
ASEAN, Australia look toward stronger partnership

Participants to the virtual ASEAN-Australia Ministerial Meeting on September 10 shared the view that the ASEAN-Australia dialogue relationship has made strong progress since its establishment in 1974, and positively contributed to regional peace and stability.

Thailand to highlight multilateral cooperation at AMM-53
Thailand to highlight multilateral cooperation at AMM-53

Thailand’s Deputy Prime Minister and Minister of Foreign Affairs Don Pramudwinai will attend the 53rd ASEAN Ministerial Meeting and Related Meetings on September 9-12 via videoconference, under the chair of Vietnam.

ADB grant to boost Mongolia s medical response to COVID-19 threat
ADB grant to boost Mongolia's medical response to COVID-19 threat

(CPV) - The Asian Development Bank (ADB) has approved a further grant to Mongolia of $1.5 million from the Asia Pacific Disaster Response Fund (APDRF) to boost medical responses to the threat posed by the coronavirus disease (COVID-19) pandemic. The financial assistance is sourced from the Government of Japan’s contribution to APDRF.

ASEAN cooperation in COVID-19 fight reviewed
ASEAN cooperation in COVID-19 fight reviewed

The ASEAN Coordinating Council Working Group on Public Health Emergencies (ACCWG-PHE) reviewed cooperation within ASEAN in the fight against COVID-19 during its third meeting, held in the form of video conferencing, on September 1.

Cambodia, RoK hold second round of FTA talks
Cambodia, RoK hold second round of FTA talks

Cambodia and the Republic of Korea (RoK) launched the second round of negotiations for a bilateral free trade agreement (FTA) on August 31 as the RoK works to expand its export portfolio to cushion the economic fallout from the COVID-19 pandemic.

Thai economy improves in July central bank
Thai economy improves in July: central bank

The economy of Thailand improved in July thanks to public spending and an easing of coronavirus containment measures, according to the Bank of Thailand (BoT).

ADB President Rebuilding from COVID-19 Requires Green, Resilient, Inclusive Actions
ADB President: Rebuilding from COVID-19 Requires Green, Resilient, Inclusive Actions

(CPV) - SDGs and related targets in the Paris Agreement on climate change provide strong frameworks for the recovery from the coronavirus disease (COVID-19) pandemic in Asia and the Pacific, ADB President Masatsugu Asakawa said at a high-level event hosted by UN-ESCAP on August 31 focusing on Financing for Development in the Era of COVID-19 and Beyond in Asia and the Pacific.

Cambodia backs use of digital technology
Cambodia backs use of digital technology

Cambodian Minister of Commerce Pan Sorasak called for the use of digital technology to restore trust between businesses and customers, during the 52nd Meeting of ASEAN Economic Ministers (AEM-52) on August 29.

ASEAN economic ministers hold consultations with partners
ASEAN economic ministers hold consultations with partners

ASEAN Economic Ministers held online consultations on August 28 with external partners - China, Japan, and the Republic of Korea (RoK) - within the framework of the 52nd ASEAN Economic Ministers’ Meeting and related meetings.