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...
Malaysia tightens management of online sales
Malaysia tightens management of online sales

Malaysia’s Domestic Trade, Cooperatives and Consumerism Ministry has forced online sellers to display all necessary information that buyers would want to know before making any transactions.

ADB releases special edition to show partnerships drive regional growth
ADB releases special edition to show partnerships drive regional growth

(CPV) - On August 3rd 2017, ADB released the third edition of its annual publication, Together We Deliver: 50 Stories of Partnerships in Asia and the Pacific, celebrating the role of partnerships and showcasing specific ADB support in aiding the region's rise from poverty to a new era of prosperity.

Australia boosts relations with Southeast Asian nations
Australia boosts relations with Southeast Asian nations

Australia’s Minister for Foreign Affairs Julie Bishop began her six-day visit to Thailand and the Philippines on August 2nd to enhance the bilateral relations and promote Australia’s economic and security benefits in Southeast Asia.

Bangladesh to buy Cambodian rice
Bangladesh to buy Cambodian rice

Bangladesh signed a memorandum of understanding (MoU) with Cambodia on August 2nd to buy 1 million tonnes of rice within the next five years.

Thailand promotes use of rubber
Thailand promotes use of rubber

The cabinet of Thailand has decided to allocate THB1.8 billion (USD54 million) from the central fund to promote the use of rubber by various government bodies.

Nations vow to boost cooperation in fighting terrorism
Nations vow to boost cooperation in fighting terrorism

Indonesia, Malaysia, the Philippines, Australia, New Zealand and Brunei have agreed to intensify cooperation in combating terrorism following the self-proclaimed Islamic State (IS) militants’ attacks in the southern Philippines, said a senior Indonesian official.

Typhoon Nesat hits Taiwan
Typhoon Nesat hits Taiwan

Tropical storm Nesat has hit Taiwan (China), leaving 81 people injured and destroying hundreds of buildings.

Australia provides USD750,000 to boost Samoa s economic performance
Australia provides USD750,000 to boost Samoa's economic performance

The Government of Australia has provided AUD1 million (USD750,000) in additional financing to the ongoing Samoa Agribusiness Support Project designed to boost the south Pacific nation’s economic performance by addressing challenges hindering increased trade and export.