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...
GE launches global powering efficiency center of excellence
GE launches global powering efficiency center of excellence

(CPV) - GE announced its new global Powering Efficiency Center of Excellence (COE), which brings together cross-business experts in its energy businesses to apply total plant hardware and software solution approach to boost the efficiency of the world’s new and existing coal-fired power plants and significantly reduce their emissions.

ALBA summit opens in Venezuela
ALBA summit opens in Venezuela

The 14th summit of the Bolivarian Alternative for the Peoples of America (ALBA) has opened in Venezuela's capital city of Caracas.

Floods and landslides in Chile
Floods and landslides in Chile

Heavy rain during usually dry summer months causes landslides and flooding, leaving three dead in Chile.

Asia infrastructure needs exeed double previous estimates
Asia infrastructure needs exeed double previous estimates

(CPV) - Infrastructure needs in developing Asia and the Pacific will exceed USD22.6 trillion through 2030, or USD1.5 trillion per year, if the region is to maintain growth momentum, according to a new flagship report by ADB. The estimates rise to over USD26 trillion, or USD1.7 trillion per year, when climate change mitigation and adaptation costs are incorporated.

Thai Gov’t working to achieve 4 percent GDP growth
Thai Gov’t working to achieve 4 percent GDP growth

The Thai government is working to ensure the country will achieve a 4-percent GDP growth as forecast by the National Economics and Social Development Board (NESDB), said Prime Minister Prayut Chan-o-cha.

Indonesia, Australia expected to expand economic ties
Indonesia, Australia expected to expand economic ties

Indonesian President Joko Widodo and his spouse Hj Iriana Joko Widodo will pay an official visit to Australia from February 25th – 26th, according to a press release by the Office of the Australian Prime Minister on February 24th.

Donald Trump vows to fight human trafficking
Donald Trump vows to fight human trafficking

President Donald Trump has said he would bring the “full force and weight” of the US government to combat an “epidemic” of human trafficking, at a meeting with organizations which have been helping victims of human trafficking.

All members agree to a co-ordination approach in implementing BEPS
All members agree to a co-ordination approach in implementing BEPS

(CPV) - In the framework of APEC Finance and Central Bank Deputies meeting on February 23rd 2017, Ministry of Finance (General Department of Taxation) has organized a side-workshop on “BEPS Action Plan Deployment in APEC” on February 22nd 2017 in Nha Trang city, Khanh Hoa province.

Widespread flooding hits Jakarta
Widespread flooding hits Jakarta

Torrential downpours have caused widespread flooding across parts of Indonesia, including in the capital, Jakarta.

Israeli PM Netanyahu visits Singapore
Israeli PM Netanyahu visits Singapore

On February 20th, Israeli Minister of Foreign Affairs (MFA) announced that Prime Minister Benjamin Netanyahu would visit Singapore from February 20th – 21st.