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...
RoK to export paprika to Vietnam
RoK to export paprika to Vietnam

The Republic of Korea (RoK) said on August 10 that it has completed negotiations with Vietnam to export paprika, a type of bell pepper, to the Southeast Asian country.

ASEAN s 53rd founding anniversary marked in Venezuela
ASEAN's 53rd founding anniversary marked in Venezuela

The Embassies of ASEAN member states in Venezuela held a ceremony in Caracas on August 7 to celebrate the 53rd founding anniversary of the regional grouping, with Venezuelan Vice Minister of Foreign Affairs for Asia, the Middle East and Oceania Ruben Molina in attendance.

Thai economy worst-hit by COVID-19 in ASEAN+3 AMRO
Thai economy worst-hit by COVID-19 in ASEAN+3: AMRO

Thailand's economic growth is likely to fall 7.8 percent, the biggest projected drop in the region, due to the impacts of COVID-19 on the tourism and service sectors, according to the ASEAN+3 Macroeconomic Research Office (AMRO).

Thailand expected to return to normalcy
Thailand expected to return to normalcy

A panel under Thailand’s Centre for COVID-19 Situation Administration (CCSA) on August 7 approved proposals for a return to normalcy in the country by allowing schools, sports stadiums, public transport and meals on flights.

ASEAN celebrates 53rd founding anniversary
ASEAN celebrates 53rd founding anniversary

The Association of Southeast Asian Nations (ASEAN)’s Secretariat held a virtual ceremony on August 8 to mark the bloc’s 53rd founding anniversary under the theme “ASEAN 53: A Cohesive Journey to Recovery”.

Cambodia starts countdown to SEA Games 32
Cambodia starts countdown to SEA Games 32

Hundreds of Cambodian athletes and officials gathered at the Morodok Techo National Stadium on August 7 afternoon to start the 1,000-day countdown to the 2023 Southeast Asian Games (SEA Games 32).

CPTPP members reiterate backing of trade liberalisation
CPTPP members reiterate backing of trade liberalisation

The CPTPP Commission’s third meeting was held on August 6 and ended with the approval of a ministerial joint statement reiterating the members’ commitment to back trade liberalization, and multilateral trade.

CPTPP countries discuss post-pandemic recovery plan
CPTPP countries discuss post-pandemic recovery plan

Economic and trade ministers of signatories to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) met online on August 5 to discuss how best to intensify cooperation and prepare a plan of action to boost post-pandemic economic recovery.

Japan to promote trade document digitalization platform to ASEAN
Japan to promote trade document digitalization platform to ASEAN

The Japanese Government plans to promote a platform to member countries of the Association of Southeast Asian Nations (ASEAN) for digitalizing all trade-related documents, Kyodo News cited sources close to the matter as reporting on August 5.

ASEAN – success story of regional cooperation
ASEAN – success story of regional cooperation

The 53-year history of the Association of Southeast Asian Nations (ASEAN) has proved that a united grouping with close linkages and combined national and regional interests will be able to maintain its central role.

Late Russian military expert in Vietnam honoured
Late Russian military expert in Vietnam honoured

A ceremony took place in suburban Moscow on August 4 to install a memorial stele dedicated to the late Sen. Lieut. Gen Anatoly Ivanovich Khiupenen, head of the Russian military expert delegation to Vietnam.

RoK fashion firms expected to benefit from EVFTA KITA
RoK fashion firms expected to benefit from EVFTA: KITA

The Republic of Korea’s fashion firms based in Vietnam are expected to benefit from the free trade agreement between the Southeast Asian country and the European Union (EVFTA), which came into effect this month.