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Oakwood Opens Third Property in Jakarta, Indonesia

Oakwood has opened its third property in Jakarta, Indonesia. The Oakwood Apartments PIK Jakarta features 151 fully furnished serviced apartments offering city and ocean views. The property is located in Pantai Indah Kapuk (PIK) roughly 15 minutes' drive from Soekarno-Hatta International Airport. Facilities include a kids' swimming pool and playground, an indoor and an outdoor swimming pool, fitness centre, and a restaurant. "Following the overwhelming success of Oakwood Premier Cozmo Jakarta and Oakwood Suites La Maison Jakarta, we recognise the need for a complementary product for the capital's increasingly savvy guests," said Dean Schreiber, interim CEO of Oakwood and Managing Director of Oakwood Asia Pacific. "Apartments PIK Jakarta appeals to a growing segment of independent travellers in search of chic and functional accommodation that is furnished with modern essentials. By showcasing a differentiated residential product, Oakwood grows with our guests' evolving aspirations and n...




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Fiesta Resort Saipan to rebrand as Crowne Plaza® Resort Saipan in 2022, signalling IHG's rapid expansion in Micronesia

IHG has signed a long-term agreement with Asia Pacific Hotels Inc to take on management of Fiesta Resort & Spa Saipan, in the Commonwealth of Northern Mariana Islands, from May 20201.The impressive 416-room hotel will rebrand as Crowne Plaza® Resort Saipan in 2022 following a refurbishment, before adding a 116-room extension by 2025. Alongside IHG's October announcement that it has taken on management of the 318-room Fiesta Resort Guam, a hotel that will rebrand as a Crowne Plaza in 2021, the combined 850 room count makes the biggest ever conversion signing for IHG's Australasia, Japan and Pacific Islands region.Saipan is the largest island of the Northern Mariana Islands and is part of the Commonwealth of the United States. A 20-minute flight from Guam, Saipan is characterised by sandy shores and mountainous landscapes, and boasts several championship golf courses. It has a borderline tropical rainforest climate and, with an average year-round maximum temperature of 28.9°C, Saipan ha...




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7 'Controversial' Video Game Opinions, From Developers Themselves

Video game developers expand on their controversial opinions.





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Video of Canceled Prince of Persia Game Appears Online

A former Ubisoft dev confirmed the footage is real. A test video from a canceled Prince of Persia game reappeared online, and former Ubisoft developers confirmed it's real.




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Sonam Kapoor on The Board of Asian School of Fashion

The super star of Indian Film Industry Sonam Kapoor is also a well known...




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How Enthusiastic John Abraham ended up exposing Deepika Padukone's underwear in public [Throwback]

Millions of fans view Deepika Padukone as a style icon. The actress, since her debut with Om Shanti Om in 2007, has successfully managed to impress the cine-goers with her style statement with the changing times. However, there are also moments in her long-career where she had fashion faux pass.




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To curb communal hatred, Saudi Arabia orders arrest of citizen for hate speech against Asian expatriate

Saudi officials ordered to arrest a citizen for abusing a non-Muslim expatriate for not embracing Islam. Saudi Arabia is a member of OIC that wrote to PM Modi on Islamophobia in India.




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Kim Jong Un sends letter to Russia on WWII anniversary and for fight against Covid-19

According to reports, Kim had earlier sent a personal message to Chinese President Xi Jinping to praise China's success in getting its epidemic outbreak under control.




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Russian doctors died after falling from hospital windows, protested against working conditions

Medical workers all over Russia have been voicing their concerns over shortages of protective equipment and have questioned the infection-control procedures that turned dozens of hospitals into virus hotbeds.




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Education at a Glance 2012: Country Notes - Russian Federation

The high educational attainment level of the Russian population continues to increase. 88% of the adult population have attained at least upper secondary education and 54% have a tertiary qualification.




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2012 Russian Corporate Governance Roundtable

Moscow, Russia - 25-26 October 2012 - discussions at this meeting addressed topics related to corporate governance and listing requirements in Russia.




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OECD to launch Russian version of its Better Life Index at the Gaidar Forum

The OECD will participate in the Gaidar Forum in Moscow 16-19 January and will launch the Russian version of its award-winning Better Life Index [http://www.oecdbetterlifeindex.org/ru/].




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Official Visit to Russia (Moscow, 17th - 18th January 2013)

During his visit, the Secretary-General will meet with various officials and will deliver a keynote address on “Modernising Russia in a challenging global environment” at the Gaidar Forum-2013.




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Why do Russian firms use fixed-term and agency work contracts?

This study looks into the use of fixed term contracts and agency work in Russia during and shortly after the crisis 2009 10 with the help of an enterprise survey.




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Russia and the World: Challenges of Integration - G20’s Answers to the Global Challenges

During the Gaidar forum on "Russia and the World: Challenges of Integration", OECD Chief of Staff and G20 Sherpa Gabriela Ramos gave a presentation on the role of the G20 in solving the global economic and financial crisis, the most pressing challenges the Group faces today and OECD recommendations to address them, as well as Russian G20 Presidency’s role in moving forward the G20 agenda.”




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Modernizing Russia in a challenging global environment

Russia is facing huge challenges. It is incredibly rich in natural and human assets. To modernize itself and thus diversify, it needs to invest in these assets and to preserve them. The reform agenda is daunting, covering structural, social, environmental and institutional reforms. A lot has already been done but implementation remains a critical challenge, said OECD's Gurría.




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The G-20 Agenda under the Russian Chairmanship

In his remarks, OECD Secretary-General answers the three following questions: Where is growth going to come from? How sustainable will it be? Who is going to benefit from it?




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Russia’s Shuvalov visits OECD

The Russian Federation’s First Deputy Prime Minister, Igor Shuvalov, visited the OECD today. He addressed the OECD Council and had a two-hour dialogue on the ongoing accession of Russia to the OECD with Member countries’ Ambassadors.




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Russia: Modernising the economy - Better Policies Series (April 2013)

Drawing on experiences in OECD countries and in our key partners, this report presents an OECD view of major policy challenges in Russia, including the fiscal framework, financial sector, competition, business climate, governance of public enterprises, innovation, trade, social policies, employment, education, health, energy, agriculture and green policies.




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Russia: Progress made in improving the quality of official statistics but challenges remain

Russia’s official statistics are compiled with a high a degree of professionalism and now have a solid legal basis, but their scope, timeliness and international comparability needs to be improved, according to an initial assessment by the OECD.




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The Jobs Imperative – The OECD Support to the Russian Presidency

There is no one-size-fits-all solution to restoring inclusive growth, jobs and trust. Macroeconomic, structural policies and labour activation strategies are all required. The G20 process can play a pivotal role in helping countries identify effective policies and implement them, said Angel Gurría




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Despite certain progress, the OECD remains concerned with Russia’s compliance with key provisions of the OECD Anti-Bribery Convention

Russia has yet to address key provisions of the OECD Anti-Bribery Convention, which entered into force in Russia in April 2012. It has not yet fully implemented recommendations for strengthening its framework for combating foreign bribery and should be more proactive in detecting, investigating and prosecuting foreign bribery cases.




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Russian economy growing but further reforms needed, says OECD

The Russian Federation’s economy is growing, but further reforms are needed to bolster future growth, improve the business climate and strengthen innovation, according to the OECD.




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Statement by the OECD regarding the status of the accession process with Russia & co-operation with Ukraine

Further to a meeting of its governing Council on 12 March 2014, the OECD has postponed activities related to the accession process of the Russian Federation to the OECD for the time being.




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Measuring Innovation in Education - Russian Federation

The ability to measure innovation is essential to an improvement strategy in education. This country note analyses how the practices are changing within classrooms and educational organisations and how teachers develop and use their pedagogical resources.




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Going for Growth 2015: Key findings for Russia

Going for Growth 2015: Key findings for the Russian Federation




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Education at a Glance 2015: Russian Federation

The 2015 edition introduces more detailed analysis of participation in early childhood and tertiary levels of education. The report also examines first generation tertiary-educated adults’ educational and social mobility, labour market outcomes for recent graduates, and participation in employer-sponsored formal and/or non-formal education.




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OECD Employment Outlook 2016 - Key findings for the Russian Federation

The sharp fall in global oil prices has contributed to a prolonged recession in the Russian Federation, along with geopolitical uncertainties. While growth is projected to turn positive again in 2017, the recovery is expected to be slow.




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Environmental taxes: Key findings for Russia LINK

This country note provides an environmental tax and carbon pricing profile for Russia. It shows environmentally related tax revenues, taxes on energy use and effective carbon rates.




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Russia must make fighting international bribery a priority

The OECD Working Group on Bribery has serious concerns regarding Russia’s continued failure to implement key legislative reforms to enable it to effectively investigate, prosecute and sanction the offence of foreign bribery.




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How's life in the Russian Federation?

This note presents selected findings based on the set of well-being indicators published in How's Life? 2017.




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Taxing Energy Use 2018: Key findings for the Russian Federation

This note describes the taxation of energy use in the Russian Federation. It contains the country’s energy tax profiles, followed by country-specific information to complement the general discussion in Taxing Energy Use 2018 (OECD, 2018).




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Russian Federation - Medium-term prospects for major agricultural commodities 2018-2027

These graphs offer a brief summary of the commodity trade situation in the country.




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Effective carbon rates: Key findings for the Russian Federation

This country note for the Russian Federation provides detail on the proportion of CO2 emissions from energy use subject to different effective carbon rates (ECR), as well as on the level and components of average ECRs in each of the six economic sectors (road transport, off-road transport, industry, agriculture and fishing, residential & commercial, and electricity).




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Good jobs for all in a changing world of work: The new OECD Jobs Strategy – Key findings for the Russian Federation

The digital revolution, globalisation and demographic changes are transforming labour markets at a time when policy makers are also struggling with slow productivity and wage growth and high levels of income inequality. The new OECD Jobs Strategy provides a comprehensive framework and policy recommendations to help countries address these challenges.




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Russia must urgently step up fight against foreign bribery

The OECD Working Group on Bribery has repeatedly recommended since 2012 that Russia rectify key legislative deficiencies in order to comply with the Convention on Combating the Bribery of Foreign Public Officials in International Business Transactions (Anti-Bribery Convention).




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Taxing Energy Use: Key Findings for Russia

This country note explains how the Russian Federation taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.




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Russia - OECD Anti-Bribery Convention

This page contains all information relating to implementation of the OECD Anti-Bribery Convention in Russia.




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Russia is ready for its Phase 3 evaluation once it fulfills high-priority recommendation

The OECD Working Group on Bribery considers that it is ready to conduct the Phase 3 evaluation of the Russian Federation, provided that Russia further aligns its foreign bribery offence with the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (OECD Anti-Bribery Convention) by October 2020.




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Strengthening the international community’s fight against offshore tax evasion: Australia, Canada, Chile, Costa Rica, India, Indonesia and New Zealand join multilateral agreement to automatically exchange information

In a boost for international efforts to strengthen co-operation against offshore tax evasion, seven new countries have joined the agreement to exchange information automatically under the OECD/G20 standard.




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Revenue Statistics Asia: Key findings for New Zealand

New Zealand's tax-to-GDP ratio was 32.0% in 2017, below the OECD average (34.2%) by 2.2 percentage points, and above the LAC and Africa (21)* averages (22.8% and 18.2%, respectively).




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Strengthening the international community’s fight against offshore tax evasion: Australia, Canada, Chile, Costa Rica, India, Indonesia and New Zealand join multilateral agreement to automatically exchange information

In a boost for international efforts to strengthen co-operation against offshore tax evasion, seven new countries have joined the agreement to exchange information automatically under the OECD/G20 standard.




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2016 OECD Asian Roundtable on Corporate Governance

Good corporate governance plays a vital role in underpinning the integrity and efficiency of financial markets. Mr. Rintaro Tamaki, Deputy Secretary General of the OECD, will open the 2016 OECD Asian Roundtable on Corporate Governance on Monday 24 October with Mr. Chang Jae Lee, Vice Minister of Justice in Korea, to address corporate governance standards and practices in Asia.




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Malaysia’s economic success story and challenges

Malaysia has sustained over four decades of rapid, inclusive growth, reducing its dependence on agriculture and commodity exports to become a more diversified, modern and open economy.




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Boosting productivity in Malaysia

Productivity growth is essential to providing sustainable increases in living standards. Malaysia has reached a development stage where growth needs to be driven more by productivity gains than the sheer accumulation of capital and labour inputs.




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OECD holds regional consultations on BEPS in Asia and Latin America

In line with the Base Erosion and Profit Shifting (BEPS) Action Plan to involve developing countries in the work on BEPS, the OECD has held two regional consultations for the Asia-Pacific and Latin American-Caribbean regions.




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Rising tax revenues: A key to economic development in emerging Asian countries

Tax revenues are currently rising as a proportion of national incomes in Indonesia and Malaysia but continue to be substantially lower than for Korea, Japan and other OECD countries, according to a new OECD report.




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Angel Gurría congratulates new Indonesian President for cutting fuel subsidies

Angel Gurría, Secretary-General of the OECD congratulated the newly elected President of Indonesia, Joko Widodo, for taking a bold first step in his economic reform agenda by substantially cutting fuel subsidies.




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OECD holds regional network meeting on BEPS in Asia

Following the release of the Strategy for Deepening Developing Country Engagement in the BEPS Project in November 2014, the Asia-Pacific Regional Network on BEPS held its meeting on 12 - 13 February 2015 in Seoul.