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...
New coins issued for 2nd US - DPRK summit
New coins issued for 2nd US - DPRK summit

The White House gift shop has introduced 1,000 coins, each worth USD100, to celebrate the 2nd United States (US) – Democratic People’s Republic of Korea (DPRK) summit.

UN Secretary General hopes for concrete denuclearisation from summit
UN Secretary General hopes for concrete denuclearisation from summit

Secretary General of the United Nations Antonio Guterres on February 25th said he hopes the DPRK-USA Hanoi Summit Vietnam, slated for February 27th and 28th, will reach an agreement on the concrete steps for peace and stability, as well as the complete and verifiable denuclearisation of the Korean Peninsula.

RoK pledges to work for resumption of economic cooperation with DPRK
RoK pledges to work for resumption of economic cooperation with DPRK

President of the Republic of Korea (RoK) Moon Jae-in on February 25th announced that his country will work hard to prepare for the resumption of economic cooperation with the Democratic People’s Republic of Korea (DPRK), stressing the need for the RoK to help the latter escape poverty.

DPRK Chairman’s train arrives in China en route to Vietnam
DPRK Chairman’s train arrives in China en route to Vietnam

The armoured train of Chairman of the Workers’ Party of Korea and the State Affairs Commission of the Democratic People’s Republic of Korea (DPRK) Kim Jong-un crossed into the Chinese border town of Dandong after 9pm on February 23rd (local time) ahead of his second summit with US President Donald Trump in Vietnam, according to international media reports.

DPRK media reports about second DPRK-USA summit for first time
DPRK media reports about second DPRK-USA summit for first time

Chairman of the Workers’ Party of Korea (WPK) and the State Affairs Commission of the Democratic People’s Republic of Korea (DPRK) Kim Jong-un has departed by train for the second summit with US President Donald Trump in Hanoi next week, reported the Korean Central News Agency (KCNA).

7th round of high level US - China trade talks opens
7th round of high level US - China trade talks opens

The 7th round of high level US - China trade talks between trade negotiators from the two sides took place in Washington, with follow-up sessions at a higher level scheduled for later in the week.

FAO assists Myanmar to improve food security
FAO assists Myanmar to improve food security

The UN’s Food and Agriculture Organisation (FAO) and the Myanmar government have signed a multi-year framework agreement to improve nutrition and food security in the country while safeguarding and sustainably managing the use of natural resources.

ADB promotes women in South Asia energy industry
ADB promotes women in South Asia energy industry

(CPV) - ADB is partnering in a new professional network launched in Kathmandu on February 20th 2019 to promote more female practitioners in South Asia’s energy and power sector.

US President Donald Trump speaks to RoK counterpart
US President Donald Trump speaks to RoK counterpart

US President Donald Trump on February 19th called the Republic of Korea (RoK) President Moon Jae-in to discuss the 2nd summit with the Democratic People’s Republic of Korea (DPRK)’s leader Kim Jong-un in Hanoi, Vietnam, next week.

Malaysia s economy grows 4 7 percent in 2018
Malaysia's economy grows 4.7 percent in 2018

Malaysia posted a gross domestic product (GDP) growth of 4.7 percent in the fourth quarter (Q4) of last year, leading to an overall economic growth of 4.7 percent in 2018, Bernama news agency reported, citing Bank Negara Malaysia (BNM)’s announcement.

Thailand-Myanmar anti-human trafficking deal endorsed
Thailand-Myanmar anti-human trafficking deal endorsed

The cabinet approved an agreement between the governments of Thailand and Myanmar to suppress human trafficking and eliminate the trafficking at organisational level effectively and in timely manner.

Egypt President takes up AU Chairmanship
Egypt President takes up AU Chairmanship

Egypt’s President Abdel-Fattah el-Sissi has taken up the chairmanship of the African Union (AU) from Rwandan leader Paul Kagame, at the 32nd ordinary session of the AU in Addis Ababa, Ethiopia, on February 10th.

Singapore works to enhance food security
Singapore works to enhance food security

The Singaporean Parliament on February 12th passed a new law on the establishment of a new agency to oversee food-related issues, a move to turn the country into an agriculture and food hub of the region.

Australia helps Papua New Guinea to boost health services in Kainantu
Australia helps Papua New Guinea to boost health services in Kainantu

(CPV) - ADB and the Government of Australia, as well as Papua New Guinea’s (PNG) National Department of Health and Eastern Highlands Provincial Health Authority participated in an inauguration ceremony for the Jaffa Community Health Post, which was built under the ADB-supported Rural Primary Health Services Delivery Project.