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...
Thai rice exports get boost from global COVID-19 fear
Thai rice exports get boost from global COVID-19 fear

Exports of Thai rice have been on the rise as many countries are stocking up on food supplies due to the rampant COVID-19 outbreak, said President of the Thai Rice Exporters Association (TREA) Chookiat Ophaswongse.

Laos cancels several regional high-level conferences
Laos cancels several regional high-level conferences

The Lao Government has cancelled four regional high-level conferences slated for the end of March in the country’s capital Vientiane over concern about the complicated developments of the COVID-19 epidemic.

Thailand offers SARS-CoV-2 testing service
Thailand offers SARS-CoV-2 testing service

Ramkhamhaeng Hospital in Bangkok, Thailand, is offering a "drive-thru" service for Covid-19 checking at a cost of 6,500 THB (about 204 USD) from 8:00 am to 6:00 pm every day.

The coronavirus impact on the German economy
The coronavirus' impact on the German economy

(CPV) - Repercussions of the coronavirus on the German economy are already noticeable. Almost every second company in Germany expects declining revenue in 2020 as a result of the coronavirus.

ASEAN, Russia vow to deepen strategic partnership
ASEAN, Russia vow to deepen strategic partnership

The ASEAN-Russia Joint Cooperation Committee (ARJCC) convened the 18th annual meeting at the ambassadorial level in Jakarta, Indonesia, on March 13th to discuss launching projects and promoting bilateral ties.

Thailand aims to become ASEAN’s electric vehicle hub
Thailand aims to become ASEAN’s electric vehicle hub

Thailand’s government has announced plans to transform the country into an electric vehicle and motorcycle hub of ASEAN within five years via state measures to boost demand, local media said on March 12th.

ASEAN, Japan vow to strengthen strategic partnership
ASEAN, Japan vow to strengthen strategic partnership

The 14th meeting of the ASEAN-Japan Joint Cooperation Committee (AJJCC) took place in Jakarta, Indonesia, on March 11th under the co-chair of Ambassador Tran Duc Binh, head of the Vietnamese Permanent Mission to ASEAN, and Japanese Ambassador to ASEAN Chiba Akira.

Drought hits agricultural production in Cambodia
Drought hits agricultural production in Cambodia

People in rural areas in the Cambodian northwestern provinces of Pursat and Battambang have been suffering from water shortage for more than four months, reported the Cambodia’s Khmer Times.

Indonesia’s budget deficit forecast to reach 2 2-2 5 pct of GDP
Indonesia’s budget deficit forecast to reach 2.2-2.5 pct of GDP

Indonesia's state budget deficit is expected to reach 2.2-2.5 percent of the country’s gross domestic product (GDP) this year as the new coronavirus-caused acute respiratory disease (COVID-19) has hindered global economic activities, Finance Minister Sri Mulyani Indrawati said.

Indonesia confirms new COVID-19 cases
Indonesia confirms new COVID-19 cases

Indonesian authorities on March 9th confirmed that the country reports 13 new cases of the acute respiratory disease caused by the SARS-CoV-2 (COVID-19), bringing the total number in the country to 19.

COVID-19 outbreak to have significant economic impact on developing Asia
COVID-19 outbreak to have significant economic impact on developing Asia

(CPV) - The ongoing novel coronavirus (COVID-19) outbreak will have a significant impact on developing Asian economies through numerous channels, including sharp declines in domestic demand, lower tourism and business travel, trade and production linkages, supply disruptions, and health effects, according to a new analysis by ADB.