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...
ADB President visits Hong Kong, China to discuss on regional cooperation in Asia - Pacific
ADB President visits Hong Kong, China to discuss on regional cooperation in Asia - Pacific

(CPV) - “ADB values its deep and strong ties with Hong Kong, China and will continue to work with its authorities, the private sector, and financial institutions to support urban development priorities in the region, such as water and waste management,” said Mr. Nakao. “Hong Kong, China, as a major financial center, has contributed to development in the People’s Republic of China and other countri

Philippines raises volcano alert level
Philippines raises volcano alert level

The Philippines on January 14th raised the alert for the Mayon Volcano in the central province of Albay from level one “abnormal” to level two “increasing unrest” after authorities said it shows signs of rising magma that could led to hazardous eruptions.

ADB reachs USD28 9 nillion to help Asia and Pacific s development needs
ADB reachs USD28.9 nillion to help Asia and Pacific's development needs

(CPV) - ADB operations—comprising approvals of loans and grants, technical assistance (TA), and cofinancing—reached USD28.9 billion in 2017 in its continued efforts to help meet Asia and the Pacific’s development needs, according to preliminary figures released on January 12th 2018.

Singapore joins hands with ASEAN to address challenges
Singapore joins hands with ASEAN to address challenges

As holding the rotating chairmanship of the Association of Southeast Asian Nations (ASEAN), Singapore will make efforts to strengthen the bloc’s collective resilience against common threats such as terrorism, cybercrimes and climate change.

Japanese PM visits Baltic, Eastern European nations
Japanese PM visits Baltic, Eastern European nations

Japanese Prime Minister (PM) Shinzo Abe will visit the three Baltic states of Estonia, Latvia and Lithuania, and three Eastern European nations including Bulgaria, Serbia and Romania, for six days from January 12th, Chief Cabinet Secretary Yoshihide Suga said.

International leaders welcome Intra-Korean talks
International leaders welcome Intra-Korean talks

International leaders on January 9th welcomed the result of the high-level talks between the Democratic People’s Republic of Korea (DPRK) and the Republic of Korea (RoK) Governments which took place at Panmunjeom’s Peace House.

Cambodia invests USD70 million to improve road network
Cambodia invests USD70 million to improve road network

(CPV) - ADB signed three project loan agreements with the Government of Cambodia on January 9th 2018 to provide support for road network improvement, provincial water supply and sanitation, and smallholder farmers development in Tonle Sap.

WB Global economy to edge up to 3 1 in 2018
WB: Global economy to edge up to 3.1% in 2018

(CPV) - In its Global Economic Prospects issued on January 9th, the World Bank (WB) forecast that global economic growth to edge up to 3.1% in this year after a much stronger-than-expected 2017.

Egypt sets Presidential election date
Egypt sets Presidential election date

The National Election Commission (NEC) announced on January 8th that Egypt’s presidential election will take place on March 26th - 28th.

Trump Tower fire injures three people
Trump Tower fire injures three people

Two civilians and one firefighter were injured after a fire broke out on the roof of Trump Tower on January 8th, which is owned by US President Donald Trump, in New York city.

PM Abe welcomes Intra-Korean talks
PM Abe welcomes Intra-Korean talks

Japanese Prime Minister Shinzo Abe on January 7th welcomed the intra-Korean talks on Pyongyang's participation in the 2018 Winter Olympics, but warned that "dialogue for the sake of dialogue is meaningless".

France marks third anniversary of Charlie Hebdo attack
France marks third anniversary of Charlie Hebdo attack

French President Emmanuel Macron and Paris Mayor Anne Hidalgo on January 7th laid a wreath outside the former office of satirical magazine Charlie Hebdo to mark the third anniversary of two attacks by Islamic extremists.

French President Emmanuel Macron visits China
French President Emmanuel Macron visits China

Elysee Palace said President Emmanuel Macron on January 7th left Paris for his official visit to China for talks aimed at boosting the global influence of both countries and forging closer ties with the European Union.

UN Secretary-General welcomes reopened Korean hotline
UN Secretary-General welcomes reopened Korean hotline

UN Secretary-General Antonio Guterres on January 3rd welcomed the reopening of a hotline between the Democratic People’s Republic of Korea (DPRK) and the Republic of Korea (RoK), and voiced hope for more diplomatic initiatives to end the peninsula's nuclear standoff.