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...
Thailand Eight parties united in upcoming PM vote
Thailand: Eight parties united in upcoming PM vote

With the vote for House Speaker and deputies completed, the parliament of Thailand is heading to the next crucial meeting to vote for Prime Minister. Eight parties holding the majority seats in the lower house said they were united in their decision to vote for Move Forward party leader Pita Limjaroenrat.

ASEAN accelerates energy connectivity to promote sustainable growth
ASEAN accelerates energy connectivity to promote sustainable growth

The ASEAN Centre for Energy (ACE) and the Ministry of Energy and Mineral Resources of Indonesia will hold the ASEAN Energy Business Forum 2023 (AEBF) themed "Accelerating Energy Connectivity to Achieve ASEAN's Sustainable Growth" on August 24-26 in Bali, Indonesia.

ASEAN, G7 foster judicial cooperation
ASEAN, G7 foster judicial cooperation

The ASEAN-G7 Justice Ministers' Interface convened in Tokyo, Japan on July 7, aiming to foster cooperation among the Association of Southeast Asian Nations (ASEAN) and the Group of Seven (G7) countries in the field of law and justice.

ASEAN mobilises resources to assist cyclone-hit Myanmar
ASEAN mobilises resources to assist cyclone-hit Myanmar

The Association of the Southeast Asian Nations (ASEAN) has sent another batch of relief items from the people of ASEAN to the people of Myanmar affected by Tropical Cyclone Mocha, said ASEAN Chair Indonesia.

LDCF and SCCF provide new targeted support for vulnerable states
LDCF and SCCF provide new targeted support for vulnerable states

(CPV) - The Least Developed Countries Fund (LDCF) and Special Climate Change Fund (SCCF) will deploy $63 million in urgent funding for countries on the frontlines of climate change following a meeting of the Global Environment Facility-managed funds in Brazil.

Indonesia wants to boost exports during 2023 ASEAN Chairmanship official
Indonesia wants to boost exports during 2023 ASEAN Chairmanship: official

Indonesia’s Ministry of Trade is striving to optimise the country's role as chairman of the Association of Southeast Asian Nations (ASEAN) in 2023 to increase the volume of national exports, especially of micro, small and medium enterprises (MSME) products, to the region, a senior official has said.

Malaysia’s foreign investment inflows surge in 2022
Malaysia’s foreign investment inflows surge in 2022

Malaysia’s net inflows of foreign investment surged to 74.6 billion RM (16.17 billion USD) in 2022 from 50.4 billion RM in 2021, while investment abroad tripled to 58.6 billion RM from 19.4 billion RM, said the Department of Statistics Malaysia (DoSM) in a statement on June 16.

Traditional festival helps boost tourism in Laos
Traditional festival helps boost tourism in Laos

Localities in Laos have been turning Boun Bang Fai (Rocket Festival) – a long-lasting major festival in the Southeast Asia country – into a tourism event to attract visitors.

ASEAN-BAC calls for boosting trade, investment with Japan
ASEAN-BAC calls for boosting trade, investment with Japan

Chair of the ASEAN Business Advisory Council (ASEAN-BAC) Arsjad Rasjid has said that the close partnership between ASEAN and Japan over the past 50 years will accelerate the strengthening of economic integration and the establishment of a free trade area, and enhance competitiveness in the global market.

ASEAN, UK commit to enhancing dialogue partnership
ASEAN, UK commit to enhancing dialogue partnership

Senior officials of ASEAN and the UK reaffirmed commitment to further strengthen ASEAN-UK Dialogue Partnership and deepen mutually beneficial cooperation at the second ASEAN-UK Senior Officials’ Meeting (AUKSOM) in Bandar Seri Begawan, Brunei on June 8.

Singapore, US agree to enhance defence cooperation
Singapore, US agree to enhance defence cooperation

Singapore’s Defence Minister Ng Eng Hen had a meeting with his US counterpart Lloyd Austin at the Shangri-La Singapore hotel on June 2, during which the two sides affirmed their commitment to continue seeking opportunities to promote bilateral defence cooperation.

Children in East Asia and the Pacific face the greatest exposure to multiple climate disasters
Children in East Asia and the Pacific face the greatest exposure to multiple climate disasters

(CPV) - More than any other region, children in the East Asia and Pacific region are having to survive multiple, often overlapping climate and environmental hazards and shocks, according to the latest UNICEF regional report ‘Over the Tipping Point’. The report highlights the urgent need to invest in climate-smart social services and policies to protect children.

Indonesia promotes counterterrorism strategies at ASEAN forum
Indonesia promotes counterterrorism strategies at ASEAN forum

Indonesia pursued an initiative to improve counterterrorism strategies with partners and ASEAN countries through the 19th Senior Officials Meeting on Transnational Crime (SOMTC) Working Group on Counter Terrorism which took place on May 18 in Bali, Indonesia.