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...
Philippines develops high quality public infrastructure projects
Philippines develops high quality public infrastructure projects

(CPV) - ADB's Board of Directors has approved a USD100 million loan for the Infrastructure Preparation and Innovation Facility, which will support the Philippine government in accelerating the delivery of high quality public infrastructure projects under its ambitious “Build, Build, Build” program.

Armenia develops its financial markets
Armenia develops its financial markets

(CPV) - ADB's Board of Directors has approved a USD40 million policy-based loan to help the Government of Armenia’s ongoing efforts to strengthen fiscal sustainability and support the development of financial markets in the country.

Sri Lanka builds first 100 MW wind park
Sri Lanka builds first 100 MW wind park

(CPV) - ADB's Board of Directors has approved a loan of USD200 million with sovereign guarantee for Ceylon Electricity Board to develop Sri Lanka’s first 100-megawatt wind park.

RoK President names SMEs and start-ups Minister
RoK President names SMEs and start-ups Minister

The Republic of Korea (RoK)’s President Moon Jae-in on October 23rd named former lawmaker of the Democratic Party and liberal economist Hong Jong-haak as Minister of SMEs (small-and medium-sized businesses) and Start-ups.

Singapore PM visits US
Singapore PM visits US

Singapore Prime Minister (PM) Lee Hsien Loong has begun his official 6-day visit to the US.

Trade ministers in Asia-Pacific to gather in RoK for RCEP talks
Trade ministers in Asia-Pacific to gather in RoK for RCEP talks

Trade ministers of 16 countries in the Asia-Pacific region will gather in the Republic of Korea this week to discuss the Regional Comprehensive Economic Partnership (RCEP), the Yonhap news agency quoted the RoK Ministry of Trade, Industry and Energy as saying on October 23rd.

Singaporean Prime Minister visits US
Singaporean Prime Minister visits US

Singaporean Prime Minister Lee Hsien Loong began his six-day visit to the US on October 21st, aiming to strengthen the bilateral partnership, according to Singapore media.

40 people die in California wildfires
40 people die in California wildfires

The wildfires that erupted last weekend have killed at least 40 people and dozens of people were still missing, including 74 people in Napa county.