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...
Cambodia’s exports expand by 13 percent
Cambodia’s exports expand by 13 percent

Cambodia’s exports in 2017 grew by 13 percent although the number of operating factories decreased 4 percent, according to the Ministry of Industry and Handicraft’s report.

ASEAN develops and enhances renewable energy capacity in its member countries
ASEAN develops and enhances renewable energy capacity in its member countries

(CPV) - ADB signed a loan equivalent of up with USD235 million to B.Grimm Power Public Company Limited (B.Grimm Power), one of the largest power producers in Thailand on February 23rd 2018, to develop and enhance renewable energy capacity in member countries of the Association of Southeast Asian Nations (ASEAN).

Venezuela invites Caricom to elections April 22nd
Venezuela invites Caricom to elections April 22nd

The Venezuelan National Electoral Council (CNE) on February 22nd sent an invitation to the Caribbean Community (Caricom) to attend the next presidential elections in the country as an international electoral accompanier.

Indonesia must create good and quality jobs
Indonesia must create good and quality jobs

Indonesia must create good and quality jobs to help increase the country’s productivity and competitiveness for sustained and inclusive growth, says a new ADB study.

Unique traditions to welcome New Year in Asia
Unique traditions to welcome New Year in Asia

Most countries in Asia celebrate the Lunar New Year in their own unique way. Thailand, Cambodia, Japan and Vietnam all have special traditions for the occasion of the New Year.

Malaysia needs new law to prevent fake news
Malaysia needs new law to prevent fake news

A law to curb false news should be created immediately in Malaysia to check the action of certain parties who are trying to jeopardise the peace and harmony of the country, International Trade and Industry Minister Datuk Seri Mustapa Mohamed was quoted as Malaysia's national news agency Bernama as saying.

11 killed due to fire at home for elderly in Japan
11 killed due to fire at home for elderly in Japan

According to Japanese media, 11 people were killed in a fire that engulfed a home for elderly welfare recipients in Sapporo, the capital of the northernmost Japanese prefecture of Hokkaido.

British PM Theresa May visits China
British PM Theresa May visits China

British Prime Minister (PM) Theresa May on January 31st arrived in China for a three-day visit to boost trade and investment after Brexit.

RoK seeks qualitative growth of inbound tourism
RoK seeks qualitative growth of inbound tourism

The Republic of Korea's tourism promotion agency will push forward efforts to stabilise and diversify the country's inbound tourism market this year, as part of its broader aims to achieve qualitative growth, the Yonhap news agency reported on January 31st.

India improves rural connectivity in 5 states
India improves rural connectivity in 5 states

(CPV) - ADB and the Government of India signed a USD250 million loan on January 30th 2018 to finance the construction of 6,254 kilometers (km) of all-weather rural roads in the states of Assam, Chhattisgarh, Madhya Pradesh, Odisha, and West Bengal under the prime minister’s rural roads program (PMGSY).

US special envoy for DPRK to visit RoK, Japan
US special envoy for DPRK to visit RoK, Japan

The US State Department on January 29th said special envoy for the Democratic People’s Republic of Korea (DPRK), Ambassador Joseph Y. Yun, will visit Japan and the Republic of Korea (RoK) from February 1st - 6th.

Bangladesh women still face sizable gender gaps
Bangladesh women still face sizable gender gaps

(CPV) - Bangladesh’s women have made progress in various aspects of health, education, and work, but still face sizable gender gaps, according to a new report from ADB, prepared in collaboration with the BRAC Institute of Governance and Development.

France helps Asian countries to achieve Sustainable Development Goals
France helps Asian countries to achieve Sustainable Development Goals

(CPV) - ADB President Takehiko Nakao met with France’s Minister of State, attached to the Minister of Economy and Finance, Delphine Geny-Stephann and Deputy Assistant Secretary for Multilateral Financial Affairs and Development of the French Treasury Cyril Rousseau on January 29th 2018.

Rwandan President takes over as Chair of AU
Rwandan President takes over as Chair of AU

Rwandan President Paul Kagame on January 28th took over the Chairmanship of the African Union (AU) at the 30th Ordinary Session of the Assembly of the Heads of State and Government, within the framework of the 30th AU Summit, being held in Addis Ababa, Ethiopia.