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...
President Trump visits France
President Trump visits France

US President Donald Trump arrived in France on July 13th for his official two-day visit to take part in Bastille Day celebrations and commemorations of the entry 100 years ago of US troops into the first World War.

11 TPP states seeks new framework to implement pact
11 TPP states seeks new framework to implement pact

The chief negotiators of the 11 Trans-Pacific Partnership (TPP) countries have agreed to aim to put the regional free trade deal into force under a new framework, following the withdrawal of the US, according Kyodo news.

Thailand expected to be among top 7 earning most from tourism
Thailand expected to be among top 7 earning most from tourism

The Governor of the Tourism Authority of Thailand (TAT) aims to improve the country’s earnings from tourism as a global top seven, while revealing that 18.2 million tourists had visited the Kingdom during the first half of 2017.

Photo exhibition on Vietnam in Netherlands
Photo exhibition on Vietnam in Netherlands

(CPV) - The Vietnamese Embassy in the Netherlands on July 10th organized a photo exhibition titled “Vietnam’s beauty - A modern look” at the Vietnam Arts Centre in The Hague (the Netherlands) on the occasion of Prime Minister Nguyen Xuan Phuc visit to the European country.

TPP negotiations continued without US
TPP negotiations continued without US

The chief negotiators from the 11 Trans-Pacific Partnership countries met in Hakone, Kanagawa Prefecture, southwest of Tokyo, on July 12th to discuss how to bring the regional free trade deal into effect following the withdrawal of the United States, the Japanese Kyodo News reported.

RoK President appoints two new ministers
RoK President appoints two new ministers

Republic of Korea (RoK) President Moon Jae-in has appointed two new ministers, the presidential office said on July 11th, but without a formal ceremony.

US - Russian diplomats to meet in Washington
US - Russian diplomats to meet in Washington

US Undersecretary of State for Political Affairs Thomas Shannon will meet with Russian Deputy Foreign Minister Sergei Ryabkov in Washington next week, the State Department spokeswoman Heather Nauert said on July 12th.

11 TPP countries to meet in Japan
11 TPP countries to meet in Japan

Representatives from 11 Trans-Pacific Partnership (TPP) member countries are expected to meet in Hakone town, west of Tokyo, Japan on July 12th.

China-ASEAN Expo to take place in Nanning in September
China-ASEAN Expo to take place in Nanning in September

The 14th China–ASEAN Expo (CAEXPO) and the China–ASEAN Business and Investment Summit (CABIS) will be held from September 12th–15th in Nanning city, capital city of China’s Guangxi Zhuang Autonomous Region.

Nepal improves customs reform and modernizes trade processes
Nepal improves customs reform and modernizes trade processes

(CPV) - ADB Board of Directors has approved a USD21 million policy-based loan to support the Government of Nepal’s efforts to simplify, harmonize, and modernize the country’s trade processes to meet international standards.

Indonesia, Australia agree to complete CEPA in late 2017
Indonesia, Australia agree to complete CEPA in late 2017

Indonesia and Australia will complete the Comprehensive Economic Partnership Agreement (IA-CEPA) by the end of year, said Indonesia’s President Joko Widodo and Australia’s Prime Minister Malcolm Turnbull.

Marshall islands and Micronesia improve education quality
Marshall islands and Micronesia improve education quality

(CPV) - ADB, the Government of the Republic of Marshall Islands (RMI), and the Government of the Federated States of Micronesia (FSM) have signed 3 grant agreements worth USD16.8 million to improve the quality of basic education in the two Pacific island countries.

Thai PM urges calm over new migrant labour regulation
Thai PM urges calm over new migrant labour regulation

Thai Prime Minister Prayut Chan-ocha has asked the society not to overreact to the government’s new Royal Decree on Migrant Worker Management as its harsher punishments have been delayed from effect by six months.

US marks 241st Independence Day
US marks 241st Independence Day

The United States of America has celebrated 241 years since it adopted its declaration of independence in 1776.

ADB celebrates 50th anniversary at a reception in Islamabad
ADB celebrates 50th anniversary at a reception in Islamabad

(CPV) - Pakistan’s Finance Minister Senator Ishaq Dar and ADB Vice-President Wencai Zhang joined diplomats, senior government officials, ADB staff, and representatives of the development community to celebrate ADB’s 50th Anniversary at a reception in Islamabad on July 6th 2017.