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...
Sri Lanka enhances its health system
Sri Lanka enhances its health system

(CPV) - The Board of Directors of ADB has approved a grant and loan package totaling USD50 million to support the development of a more responsive and efficient primary health care system in four underserved Sri Lankan provinces.

Solomon Islands improves transport sector
Solomon Islands improves transport sector

(CPV) - ADB and the Government of Solomon Islands signed a grant agreement on October 25th 2018 to fund a new facility which will finance the design and implementation readiness of the government’s priority transport projects.

Two Koreas, UNC complete JSA disarmament process
Two Koreas, UNC complete JSA disarmament process

The Republic of Korea (RoK) Ministry of National Defence on October 25th announced that the RoK, the Democratic People’s Republic of Korea (DPRK) and the US-led UN Command (UNC) wrapped up the process of disarming the Joint Security Area (JSA) in the Demilitarized Zone.

Over 40,000 Cuban expats seek to repatriate
Over 40,000 Cuban expats seek to repatriate

More than 40,000 Cuban nationals from around the world have applied for repatriation after the Cuban government introduced reforms five years ago that broaden the ability for Cubans living abroad to seek permanent residency on the island.

Regional cooperation can help Asia tackle rising cross-border challenges
Regional cooperation can help Asia tackle rising cross-border challenges

(CPV) - Regional cooperation is increasingly necessary to tackle a rising number of cross-border challenges in Asia and the Pacific, including infrastructure gaps, trade connectivity, financial contagion, and climate and disaster-resilience, according to a new report from ADB.

Two Koreas to hold general-grade military talks
Two Koreas to hold general-grade military talks

The Republic of Korea (RoK) Ministry of National Defense on October 22nd announced that the two Koreas will hold general-grade talks at the Peace House at the border village of Panmunjom in the Demilitarised Zone, on October 26th.

RoK earns 680 million USD from farm exports to ASEAN in H1
RoK earns 680 million USD from farm exports to ASEAN in H1

The Republic of Korea's agricultural exports to the 10-member Association of Southeast Asian Nations (ASEAN) topped USD680 million in the first half of this year, making the bloc the biggest importer of RoK farm produce, according to the Yonhap news agency.

ADB invests USD25 million to help small businesses in Southeast Asia
ADB invests USD25 million to help small businesses in Southeast Asia

(CPV) - ADB signed an agreement on October 19th 2018 to provide a USD25 million equity investment to Exacta Asia Investment II, L. P. (Exacta II), a private equity fund, to provide much-needed investments for small and medium-sized enterprises (SMEs) in Southeast Asia.

ADMM 12 ASEAN, dialogue partners strengthen defence coopeation
ADMM 12: ASEAN, dialogue partners strengthen defence coopeation

Defence Ministers of the ASEAN bloc and eight dialogues partners (Australia, China, India, Japan, New Zealand, the Republic of Korea, Russia and the US) have agreed to step up collaboration to counter terrorist threats, and consolidate mutual trust and understanding.

UN appoints Palestine as Chair of G77
UN appoints Palestine as Chair of G77

The UN General Assembly on October 16th voted 146 to 3 in favor of appointing Palestine as head of the Group of 77 and China, a coalition of developing nations at the UN.

DPRK, RoK and UNC hold first talks on disarming border
DPRK, RoK and UNC hold first talks on disarming border

The Democratic People’s Republic of Korea (DPRK) and the Republic of Korea (RoK) held the first three-way talks with the United Nations Command (UNC) at the Joint Security Area (JSA) to discuss ways to remove landmines.

DPRK, RoK hold high-level talks
DPRK, RoK hold high-level talks

The Republic of Korea (RoK) Ministry of Unification (MoU) has announced the Democratic People’s Republic of Korea (DPRK) and the RoK agreed to hold high-level talks at the border village of Panmunjom.

UN, WB leaders visit quake-hit Indonesian city
UN, WB leaders visit quake-hit Indonesian city

Leaders of the United Nations (UN) and the World Bank (WB) on October 12th visited Indonesia’s Central Sulawesi province which was stricken by earthquakes and a tsunami last month.

Tokyo named world’s best big city
Tokyo named world’s best big city

More than 420,000 readers of the United States (US) travel magazine Conde Nast Traveler have chosen Tokyo as the world’s best big city outside the US for the third year in a row.

International Day of the Girl Child 2018 opens
International Day of the Girl Child 2018 opens

The United Nations (UN) Secretary-General Antonio Guterres on October 11th called on the global community to support every girl to develop her skills, enter the workplace on equal terms and reach her full potential.