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...
Symposium seeks orientations for ASEAN future path
Symposium seeks orientations for ASEAN future path

Over half a century, ASEAN has brought great benefits to Southeast Asian and Asian-Pacific countries by providing a peaceful and stable environment for development, and an open cooperation space, stated Deputy Foreign Minister Nguyen Quoc Dung.

Congo s Ebola outbreak now 2nd largest in history, WHO says
Congo's Ebola outbreak now 2nd largest in history, WHO says

The World Health Organisation (WHO) on November 29th warned that the Democratic Republic of the Congo (DRC)’s deadly Ebola outbreak is now the second largest in history, behind the devastating West Africa outbreak that killed thousands a few years ago.

ADB and ESCAP discuss to support the SDGs in Asia and Pacific
ADB and ESCAP discuss to support the SDGs in Asia and Pacific

(CPV) - ADB President Mr. Takehiko Nakao and Under Secretary-General of the United Nations and Executive Secretary of the Economic and Social Commission for Asia and the Pacific (ESCAP) Ms. Armida Salsiah Alisjahbana met at ADB headquarters together with senior staff of both institutions to discuss deepening their collaboration.

Kiribati strengthens economic management
Kiribati strengthens economic management

(CPV) - ADB has approved a USD2.5 million policy-based grant to support the second subprogram of the government-led Kiribati Strengthening Economic Management Reform Program.

Thai Prime Minister’s trip to Germany a success
Thai Prime Minister’s trip to Germany a success

The Thai Ministry of Foreign Affairs (MFA) announced on November 29th that Prime Minister Gen Prayut Chan-o-cha had made a successful state visit to Germany and had assured his host that a general election in Thailand is still slated for February.

Malaysia yet to set deadline for CPTPP ratification
Malaysia yet to set deadline for CPTPP ratification

The Malaysian Government has not set any deadline for ratifying the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Malaysian national news agency Bernama quoted International Trade and Industry Minister Datuk Darell Leiking as saying.

Kyrgyz Republic strengthens disaster risk management
Kyrgyz Republic strengthens disaster risk management

(CPV) - ADB has approved USD38.6 million in development financing to help modernize irrigation systems, improve agriculture and land management, strengthen disaster risk management, and enhance data collection and analysis in the Kyrgyz Republic.

Two Koreas to launch joint railway inspection
Two Koreas to launch joint railway inspection

The Republic of Korea (RoK)’s Ministry of Unification spokesman Baik Tae-hyun on November 26th reported that the two Koreas were in talks to launch a joint railway inspection this weekend.

Cuba marks anniversary of Fidel s death
Cuba marks anniversary of Fidel's death

A number of activities were ỏganised on November 24th across Cuba to mark the second anniversary of the death of revolutionary leader Fidel Castro (25/11/2016 - 25/11/2018).

Pressure on rupiah not yet over in short term Minister
Pressure on rupiah not yet over in short term: Minister

Indonesian Coordinating Minister for Economy Darmin Nasution said the pressure on rupiah would not yet be over although it is relatively stable hovering in a narrow range of IDR14,500 - IDR14,600 per USD after dropping to the level of IDR15,000 per USD a few weeks ago.

India, Laos chart course for stronger ties
India, Laos chart course for stronger ties

Laos and India charted a roadmap to ratchet up their ties and cooperation in the future at the ninth meeting of their joint committee in Vientiane, Laos, on November 23rd.

DPRK destroys 10 guard posts in border area
DPRK destroys 10 guard posts in border area

The Republic of Korea (RoK)’s Ministry of Defense on November 20th said the Democratic People’s Republic of Korea (DPRK) destroyed 10 guard posts inside the Demilitarized Zone (DMZ).

Boao Forum for Asia Seoul Conference 2018 opens
Boao Forum for Asia Seoul Conference 2018 opens

The Boao Forum for Asia (BFA) Seoul Conference 2018, an Entrepreneurs Dialogue themed “An Open and Innovative Asia”, was organized at the Shilla Hotel, Seoul, on November 19th - 20th.

Thailand strives to bolster domestic tourism
Thailand strives to bolster domestic tourism

The Tourism Authority of Thailand (TAT) has launched a campaigned called “Let’s go no plan” with the aim of encouraging tourists to visit the country’s second-tier cities.

Emerging East Asia bonds can weather short-term risks
Emerging East Asia bonds can weather short-term risks

(CPV) - Short-term risks continue to cast a shadow over emerging East Asia’s local currency bond markets. However, they should be able to weather the challenges so long as the region’s policymakers remain vigilant, says the latest edition of ADB's Asia Bond Monitor.

Ghanaian Police officer honoured as Women Police for Peace
Ghanaian Police officer honoured as Women Police for Peace

Ghanaian Police officer Phyllis Ama Tebuah Osei has been awarded the annual United Nations (UN) Female Police Officer of the Year Award (formerly known as the International Female Police Peacekeeper Award) 2018 at the UN headquarters in New York.

CPTPP operation to be discussed in Tokyo
CPTPP operation to be discussed in Tokyo

Chief negotiators from the 11 members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will gather in Tokyo, Japan, on November 20th-21st to discuss policies after the deal takes effect in late this year.

ADB welcomes PHP1 billion bond under ASEAN+3 Multi-Currency Bond Issuance Framework
ADB welcomes PHP1 billion bond under ASEAN+3 Multi-Currency Bond Issuance Framework

(CPV) - ADB welcomed the PHP1 billion bond issued by AEON Credit Service (Philippines) Inc. (AEON Philippines) on November 19th 2018. The bond is the first in the Philippines guaranteed by the Credit Guarantee and Investment Facility (CGIF) and issued under the ASEAN+3 Multi-Currency Bond Issuance Framework (AMBIF).