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...
ASEAN urged to attract more private capital in infrastructure
ASEAN urged to attract more private capital in infrastructure

Infrastructure development projects in Southeast Asia will create significant financing needs and the Association of Southeast Asian Nations (ASEAN) must do more to attract private capital to plug the gap, said Singaporean Minister of Finance Heng Swee Keat.

7th Conference on International Security opens
7th Conference on International Security opens

The 7th Conference on International Security, themed “The development outlook in the Middle East following the routing of ISIS in Syria”, took place on April 4th in Moskva.

Regional security discussed at ASEAN workshop in Indonesia
Regional security discussed at ASEAN workshop in Indonesia

A workshop on "ASEAN and the Free and Open Indo-Pacific Strategy" was held by the Mission of Japan to ASEAN and the Indonesian Institute of Sciences (LIPI) in Jakarta, Indonesia on April 4 to discuss regional security threats.

Mongolia improves air quality and education quality
Mongolia improves air quality and education quality

(CPV) - ADB and the Government of Mongolia signed three loan and one grant agreements totaling USD207 million on April 4th 2018 to help improve air quality and quality of life in Ulaanbaatar; sustain people’s access to quality education; and improve inclusivity by providing better opportunities for people with disabilities in the country.

India - Japan - US trilateral dialogue in New Delhi
India - Japan - US trilateral dialogue in New Delhi

The US Department of State on April 3rd announced that the India - Japan - US trilateral dialogue will be held in New Delhi, India on April 4th, ahead of a summit between American President Donald Trump and Japanese Prime Minister Shinzo Abe.

Japanese PM Shinzo Abe plans to visit US
Japanese PM Shinzo Abe plans to visit US

On April 2nd, Japanese Prime Minister Shinzo Abe announced he planned to visit the US from April 17th - 20th for talks with President Donald Trump.

Russian President Vladimir Putin to visit Turkey
Russian President Vladimir Putin to visit Turkey

On March 31st, the Turkish Presidential Office said Russian President Vladimir Putin will visit Turkey to participate in the 7th session of the Russia - Turkey High Level Cooperation Council from April 3rd - 4th.

ADB President congratulates Greater Mekong Subregion on 25 years of successful cooperation
ADB President congratulates Greater Mekong Subregion on 25 years of successful cooperation

(CPV) - ADB President Takehiko Nakao congratulated the six member countries at the Summit of the Greater Mekong Subregion (GMS) on 25 years of successful regional cooperation on March 31st 2018. He reaffirmed ADB’s continued support to the program, with USD7 billion expected over the next 5 years to help the subregion achieve inclusive growth and sustainable development.

Thailand to lift ban on political activities in June
Thailand to lift ban on political activities in June

The ban on political activities, which has been imposed in Thailand since the coup d’état in May 2014, will be lifted in June when all new political parties are established, said Thai Deputy Prime Minister and Defence Minister Prawit Wongsuwon.

ADB expands the scope of its supply chain finance program
ADB expands the scope of its supply chain finance program

(CPV) - ADB's Board of Directors has approved USD100 million in additional financing to extend and expand the scope of its Supply Chain Finance Program (SCFP), helping more small and medium-sized enterprises (SMEs) in Asia and the Pacific address financing gaps and boost their contribution to the region’s economic growth and development.

Mexico, US sign accords on customs, border cooperation
Mexico, US sign accords on customs, border cooperation

On March 26th, Mexico and the US signed three accords to improve bilateral customs procedures and expedite the flow of agricultural produce across their almost 3,220-km border, the two governments said.

At least 48 dead in Russian shopping centre fire
At least 48 dead in Russian shopping centre fire

A fire broke on March 25th out on the top floor of a four-story building in the Winter Cherry’s shopping mall in the Siberian city of Kemerovo, killing at least 48 people, including many children.

ASEAN, Canada strengthen cooperation
ASEAN, Canada strengthen cooperation

Canada's Minister of International Trade Francois-Philippe Champagne began his three-day visit on March 22nd to Singapore, aiming to bolster trade and investment with the Association of Southeast Asian Nations (ASEAN) and Singapore in particular.