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...
Russia calls for nations fighting terrorism
Russia calls for nations fighting terrorism

Russia’s State Duma Speaker Vyacheslav Volodin highlighted the role of international cooperation at an international conference addressing the challenges of terrorism and regional cooperation which took place in Pakistan's capital Islamabad.

Cuban government postpones elections until April 2018
Cuban government postpones elections until April 2018

The Cuban National Assembly on December 21st announced that its current term would run through April 19th, 2018, instead of ending in February because the impact of Hurricane Irma in September had delayed the start of the cycle.

EU and New Zealand helps Samoa to increase energy security
EU and New Zealand helps Samoa to increase energy security

(CPV) - On December 20th 2017, ADB, the European Union, and the governments of New Zealand and Samoa commissioned the Alaoa, Fale-o-le-Fee, and Samasoni hydropower plants, cofinanced from the Samoa Renewable Energy Development and Power Sector Rehabilitation Project, which will help cut the country’s reliance on fossil fuel and increase energy security.

Georgia improves the Tbilisi metro
Georgia improves the Tbilisi metro

(CPV) - ADB signed a USD14.27 million loan agreement with the Government of Georgia on December 19th 2017 to upgrade and improve the Tbilisi metro, which currently benefits over 300,000 commuters daily.

RoK looks to attract more tourists from Southeast Asia
RoK looks to attract more tourists from Southeast Asia

The Ministry of Culture, Sports and Tourism of the Republic of Korea (RoK) announced on December 18 that it will focus on attracting more visitors from Southeast Asia, as part of efforts to diversify its tourist portfolio after suffering a sharp drop in inbound foreigners as a result of a diplomatic row with China.

Mekong-Lancang foreign ministers convene third meeting in China
Mekong-Lancang foreign ministers convene third meeting in China

The third Foreign Ministers’ Meeting on Mekong – Lancang Cooperation (MLC) took place in Dali, the southwest China’s Yunnan province on December 15th, with the attendance of foreign ministers from Cambodia, Laos, Myanmar, Thailand, China and Vietnam.

UN calls for diplomatic solution to Korean Peninsula tensions
UN calls for diplomatic solution to Korean Peninsula tensions

The current most urgent issue is to reduce tensions on the Korean Peninsula, and diplomacy would be the only remedy, said Jeffrey Feltman, the UN under-secretary general for political affairs who has finished his visit to the Democratic People’s Republic of Korea (DPRK) in five days.

UNICEF 17 million babies under the age of 1 breathe toxic air, majority live in South Asia
UNICEF: 17 million babies under the age of 1 breathe toxic air, majority live in South Asia

(CPV) - Almost 17 million babies under the age of one live in areas where air pollution is at least six times higher than international limits, causing them to breathe toxic air and potentially putting their brain development at risk, according to a new UNICEF paper released on December 7th 2017. More than three-quarters of these young children – 12 million – live in South Asia.

Cuban commemorates late leader Fidel Castro
Cuban commemorates late leader Fidel Castro

Thousands of Cubans on December 4th participated in a ceremony to pay tribute to their revolutionary father, Fidel Castro in Santiago de Cuba on the first anniversary of his death.

Russian Foreign Minister to meet US State Secretary Rex Tillerson in Vienna
Russian Foreign Minister to meet US State Secretary Rex Tillerson in Vienna

The Russia’s Foreign Ministry has confirmed a planned meeting of Foreign Minister Sergei Lavrov and US State Secretary Rex Tillerson on the sidelines of the 24th Organisation for Security and Co-operation in Europe (OSCE) Ministerial Council in Vienna, Austria, to be held from December 7th - 8th.

PM Justin Trudeau meets Premier of China
PM Justin Trudeau meets Premier of China

Canadian Prime Minister (PM) Justin Trudeau on November 4th met with Premier of the State Council of the People’s Republic of China, Li Keqiang for the second Annual Leader’s Dialogue.