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...
News Agencies World Congress opens in Bulgaria
News Agencies World Congress opens in Bulgaria

The sixth News Agencies World Congress (NAWC) opened in the Bulgarian capital city of Sofia on June 13th, bringing together more than 200 delegates from nearly 100 countries and territories around the world.

New impact programs at heart of largest-ever proposed work program
New impact programs at heart of largest-ever proposed work program

(CPV) - The GEF's 56th Council meeting, hosted at the World Bank’s headquarters from June 11th to 13th, perhaps more than any of its predecessors, directly addresses the scientific consensus that the natural world, and the Earth's systems, are under serious attack.

Tonga improves its business climate with policy
Tonga improves its business climate with policy

(CPV) - ADB has approved a USD5 million grant to continue helping Tonga strengthen its fiscal position by adopting prudent policies and better public financial management, as well as improve the country’s business climate with policy, regulatory, and public enterprise reforms.

Chinese visitors to Cambodia up 37 percent in four months
Chinese visitors to Cambodia up 37 percent in four months

Some 887,039 Chinese tourists came to Cambodia in the first four months of 2019, up 37 percent from the same period last year, Xinhua news agency reported, citing a report announced on June 6 by the Cambodian tourist ministry.

ADB expands its support to Cambodia s agriculture sector
ADB expands its support to Cambodia's agriculture sector

(CPV) - ADB will need to evolve and expand its support to Cambodia's agriculture sector to help support the country's growth, mitigate the effects of climate change, and attract more private sector involvement to feed a growing urban population, according to a recent evaluation by ADB's Independent Evaluation Department.

34th ASEAN-Japan Forum held in Hanoi
34th ASEAN-Japan Forum held in Hanoi

The 34th ASEAN-Japan Forum took place in Hanoi on June 3rd under the chair of Vietnamese Deputy Foreign Minister Nguyen Quoc Dung and his Japanese counterpart Takeo Mori.

Philippines, RoK announce FTA negotiations
Philippines, RoK announce FTA negotiations

The Republic of Korea (RoK) on June 3rd announced the start of free trade agreement (FTA) negotiations with the Philippines as part of efforts to strengthen economic ties with the Southeast Asian country.

Maldives improves its trade environment
Maldives improves its trade environment

(CPV) - ADB has approved a financial package totaling USD11 million to bring in a single electronic platform in Maldives to improve the speed and efficiency of cross-border control procedures employing the latest in high-tech systems.

ASEAN, China seek to promote trade cooperation
ASEAN, China seek to promote trade cooperation

A roundtable conference on ASEAN-China trade cooperation took place in Beijing, China on May 31st, aiming to implementing common perceptions reached between the two sides during the Belt and Road Forum for International Cooperation in April 2019.

Thai King appoints new Privy Council President
Thai King appoints new Privy Council President

Thailand’s King Rama X has appointed General Surayud Chulanont as acting President of the Privy Council to replace General Prem Tinsulanonda who died aged 98 on May 26th.

Timor-Leste develops coffee sector
Timor-Leste develops coffee sector

(CPV) - A comprehensive plan to develop Timor-Leste’s coffee sector was launched in Dili on May 28th 2019 by Timor-Leste’s Minister for Agriculture and Fisheries Mr. Joaquim Jose Gusmao Reis Martins.