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...
Thailand Official admits big challenges in cave rescue operation
Thailand: Official admits big challenges in cave rescue operation

Challenges to the rescue of the 12 young footballers and their coach trapped inside the Tham Luang Nang Non cave in Chiang Rai, Thailand, exceeded what officials and experts had projected, rescue operation chief Narongsak Osoththanakorn said on July 7th.

US Secretary of State to visit DPRK for nuclear talks
US Secretary of State to visit DPRK for nuclear talks

The White House has announced that US Secretary of State Mike Pompeo would travel to the Democratic People’s Republic of Korea (DPRK) on July 5th, seeking agreement on a plan for the country’s denuclearization.

RoK, DPRK to hold family reunions in August
RoK, DPRK to hold family reunions in August

An official of the Republic of Korea (RoK)’s Red Cross on July 3rd said the RoK and the Democratic People’s Republic of Korea (DPRK) have agreed to hold reunions of families who were separated during the Korean War.

ASEAN countries seek to enhance business links with Turkey
ASEAN countries seek to enhance business links with Turkey

The ASEAN Ankara Committee (AAC) recently had a working session with Secretary General of the Ankara Development Agency (ADA) Arif Sayik, aiming to boost investment and business partnerships between ASEAN countries and the capital city of Turkey.

ADB approves USD60 million to help spur growth in Mongolia
ADB approves USD60 million to help spur growth in Mongolia

(CPV) - ADB's Board of Directors has approved a USD60 million loan to help improve and rehabilitate 311 kilometers (km) of road corridors in Mongolia, which will help facilitate economic cooperation and trade, as well as inclusive growth, in the country.

Thailand, Myanmar boost border trade
Thailand, Myanmar boost border trade

Thailand's Vice Minister for Commerce, Dr. Sakon Varanyuwatana, has said the Thailand-Myanmar Border Economic Partnership Conference will boost border trade and relations between the two countries.

Moon Jae-in to meet Kim Jong-un in Indonesia
Moon Jae-in to meet Kim Jong-un in Indonesia

Indonesian President Joko Widodo has reportedly invited the Republic of Korea (RoK)’s President Moon Jae-in and the leader of the Democratic People’s Republic of Korea (DPRK) Kim Jong-un to the Asian Games, creating a chance for the two leaders to meet.

Fire kills at least three people in RoK
Fire kills at least three people in RoK

At least three people were killed and other 37 injured due to a huge fire which engulfed an underground parking garage of an apartment building under construction in the central region of the Republic of Korea (RoK) on June 26th.

E-commerce is enabling SMEs of Asia and the Pacific to reach global markets
E-commerce is enabling SMEs of Asia and the Pacific to reach global markets

(CPV) - E-commerce is enabling small and medium-sized enterprises (SMEs) of Asia and the Pacific to reach global markets and compete on an international scale, creating many jobs in the process, according to a report launched jointly by ADB and the United Nations Economic and Social Commission for Asia and the Pacific at an international conference in Tashkent on June 27th 2018.

ADB helps Uzbekistan to improve economic management
ADB helps Uzbekistan to improve economic management

(CPV) - ADB's Board of Directors has approved a USD300 million policy-based loan to help improve economic management in Uzbekistan, which will help support macroeconomic stability and sustain high growth in the country.

UN Command official to receive remains of US soldiers from DPRK
UN Command official to receive remains of US soldiers from DPRK

US Secretary of Defense James Mattis has said the UN Command in the Republic of Korea (RoK) would receive as many as 200 sets of remains of US soldiers fallen during the Korean War, from the Democratic People’s Republic of Korea (DPRK).