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...
China, ASEAN enter new era of deeper strategic partnership
China, ASEAN enter new era of deeper strategic partnership

The year 2018 marks the 15th anniversary of the establishment of strategic partnership between China and the Association of Southeast Asian Nations (ASEAN) featured with political trust, mutual respect and win-win cooperation.

Malaysia, RoK bolster bilateral relations
Malaysia, RoK bolster bilateral relations

Foreign Minister of the Republic of Korea (RoK) Kang Kyung-wha is paying a visit to Malaysia on December 20th-21st to strengthen Malaysia-RoK relations.

ASEAN Plus 3 revises agreement protecting regional finance
ASEAN Plus 3 revises agreement protecting regional finance

The Association of Southeast Asian Nations (ASEAN) and their partners, namely China, Japan, and the Republic of Korea (RoK) agreed on December 14th to revise the Chiang Mai Initiative Multilateralisation (CMIM) Agreement – a regional financial safety net.

ASEAN Plus 3 revises agreement protecting regional finance
ASEAN Plus 3 revises agreement protecting regional finance

The Association of Southeast Asian Nations (ASEAN) and their partners, namely China, Japan, and the Republic of Korea (RoK) agreed on December 14th to revise the Chiang Mai Initiative Multilateralisation (CMIM) Agreement – a regional financial safety net.

Mekong officials set to fast-track infrastructure development
Mekong officials set to fast-track infrastructure development

(CPV) - Senior officials of the Greater Mekong Subregion (GMS) will convene this week at the 10th GMS Economic Corridors Forum (ECF-10) in Nay Pyi Taw, Myanmar to discuss ways to fast-track infrastructure development and boost growth along key economic corridors connecting the subregion.

Brazil President-elect completes cabinet
Brazil President-elect completes cabinet

Brazil President-elect Jair Bolsonaro on December 9th appointed rightist lawyer Ricardo Salles as Environment Minister, completing his 22-member cabinet.

Two Koreas discuss hosting 2032 Olympic Games
Two Koreas discuss hosting 2032 Olympic Games

Seoul’s Ministry of Unification on December 10th announced the Republic of Korea (RoK) and the Democratic People’s Republic of Korea (DPRK) will discuss to host the 2032 Summer Olympics and participating together in the 2020 Summer Olympics in Tokyo.

Thailand, Laos agree on border security
Thailand, Laos agree on border security

Thailand and Laos have agreed to strengthen cooperation on drug prevention and suppression to promote peace and cooperation in the border regions of the two countries.

China’s Guangxi province to apply tax refund policy for tourists
China’s Guangxi province to apply tax refund policy for tourists

Vietnamese tourists to China’s Guangxi Zhuang Autonomous Region will enjoy tax refund as the locality plans to apply the policy on foreigners staying in China within 183 days as well as tourists from China’s Hong Kong, Macau and Taiwan from December 11th.

NATO Foreign Ministers meet in Brussels
NATO Foreign Ministers meet in Brussels

The meeting of the North Atlantic Council (NAC) at the level of Foreign Ministers took place at North Atlantic Treaty Organisation (NATO) Headquarters in Brussels, Belgium.

China, Japan, RoK to hold FTA talks in Beijing
China, Japan, RoK to hold FTA talks in Beijing

Seoul’s Ministry of Trade, Industry and Energy on December 5th announced that Republic of Korea (RoK), China and Japan will hold their 14th round of negotiations for a free trade agreement (FTA) to boost trade and investment between the Asian neighbors.

DPRK Foreign Minister Ri Yong-ho visits China
DPRK Foreign Minister Ri Yong-ho visits China

Democratic People’s Republic of Korea (DPRK) Foreign Miniser Ri Yong-ho began his official visit to China on December 6th at the invitation of State Councilor and Foreign Minister Wang Yi.

Climate Change Summit 2018 opens in Poland
Climate Change Summit 2018 opens in Poland

The 24th Conference of Parties to the United Nations Framework Convention on Climate Change, otherwise known as COP24, opened in Katowice (Poland) on December 2nd.