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...
Two Koreas mark 20th anniversary of Mount Geumgang tour
Two Koreas mark 20th anniversary of Mount Geumgang tour

Hyundai Group and the Democratic People’s Republic of Korea (DPRK)’s Asia-Pacific Peace Committee held a joint event on November 18th to mark the 20th anniversary of the inter-Korean tourism program at the Mount Geumgang.

RoK President proposes creating APEC Digital Innovation Fund
RoK President proposes creating APEC Digital Innovation Fund

President of the Republic of Korea (RoK) Moon Jae-in on November 18th proposed that the nations of Asia and the Pacific regions establish the Asia-Pacific Economic Cooperation (APEC) Digital Innovation Fund to improve the region’s digital capabilities.

Russia invites ASEAN enterprises to economic forums in 2019
Russia invites ASEAN enterprises to economic forums in 2019

Russia will invite officials and enterprises from ASEAN member countries to attend the 22nd annual International Economic Forum in St. Petersburg (SPIEF–2018) and the Eastern Economic Forum in the country in 2019, said Russian President Vladimir Putin.

Thailand seeks to change date for 2019 ASEAN summit
Thailand seeks to change date for 2019 ASEAN summit

The Thai Government has proposed to host the first ASEAN summit in June, instead of the previously suggested date in April, when Thailand chairs the group in 2019, due to worries about a delay in the country’s next general election, according to Thai media on November 14th.

Russia - US summit to open in Argentina
Russia - US summit to open in Argentina

Russian President Vladimir Putin and his US counterpart Donald Trump are expected to hold a meeting on the sidelines of the G20 summit in Argentina, Russian Foreign Minister Sergey Lavrov said.

Paris Peace Forum opens
Paris Peace Forum opens

The first ever edition of the Paris Peace Forum labelled “a global forum for governance projects,” opened on November 11th at the La Grande Halle de La Villette in Paris.

11th AU Extraordinary Summit to open in Ethiopia
11th AU Extraordinary Summit to open in Ethiopia

The Ethiopian Foreign Ministry on November 8th announced that over 40 African leaders are expected to attend the 11th African Union (AU) Extraordinary Summit, which will take place from November 17th - 18th at the headquarters in Addis Ababa.

Private sector’s role in global trade highlighted
Private sector’s role in global trade highlighted

Nearly 400 representatives of Governments and businesses, and experts at the New Economy Forum in Singapore on November 6th-7th agreed on the need to promote the private economic sector in order to increase the firm connectivity of the global trade.

Internet-based technologies revitalize rural markets in China
Internet-based technologies revitalize rural markets in China

(CPV) - Internet-based technologies, notably e-commerce, have revitalized rural markets in the People’s Republic of China (PRC) by improving the quality of agricultural produce and in connecting small farmers with big markets, which has helped reduce poverty in the countryside, according to a new ADB publication launched on November 6th 2018.

Cuban President Miguel Diaz-Canel visits China
Cuban President Miguel Diaz-Canel visits China

President of the Councils of State and Ministers of Cuba Miguel Diaz-Canel on November 6th arrived in Shanghai and began an official three-day visit to the People’s Republic of China.

RoK’s export to ASEAN up 4 7 percent in 10-month period
RoK’s export to ASEAN up 4.7 percent in 10-month period

The Republic of Korea earned USD82.32 billion from exports to the Association of Southeast Asian Nation (ASEAN) in the January-October period this year, an increase of 4.7 percent year on year, according to Yonhap news agency.

India inaugurates world’s tallest statue
India inaugurates world’s tallest statue

India on October 31st inaugurated the world’s tallest statue, Statue of Unity, located in the western state of Gujarat, to commemorates independence leader Sardar Vallabbhai Patel.

Two Koreas hold sports talks
Two Koreas hold sports talks

The Republic of Korea (RoK) and the Democratic People’s Republic of Korea (DPRK) held sports talks on November 2nd to discuss ways to cooperate on future Olympic Games.

Afghanistan develops horticulture value chains
Afghanistan develops horticulture value chains

(CPV) - The Board of Directors of ADB has approved a USD75 million grant to help in the development of horticulture value chains in Afghanistan, empowering farmers, crop producers, as well as agriculture enterprises to become major contributors to the country’s economy.

Canada announces official ratification of CPTPP
Canada announces official ratification of CPTPP

Canada has filed its notice of ratification of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) with New Zealand which acts as the depository country overseeing the deal’s implementation.