asia

Harmonising revenue statistics among Asian countries

Asian representatives from Ministries of Finance and Tax administrations gathered in Seoul, Korea on 14-15 October 2015 to discuss the framework for harmonising their revenue statistics.




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Tax revenues continue to rise, but scope remains for increased tax mobilisation in emerging Southeast Asian economies

In 2014, the tax-to-GDP ratios of Indonesia, Malaysia, the Philippines and Singapore were below 17% of GDP compared to Japan and Korea, which both recorded tax-to-GDP ratios above 24%,according to new data released in the third edition of the OECD’s annual publication Revenue Statistics in Asian Countries.




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OECD holds regional meeting of the Inclusive Framework on BEPS for the Asia-Pacific region

Fifty delegates from sixteen countries, four international organisations, business and civil society gathered in Manila for the first regional meeting of the Inclusive Framework on Base Erosion and Profit shifting (BEPS) in the Asia-Pacific region after the launch of the Inclusive Framework in Kyoto on 30 June-1st July 2016.




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OECD holds regional meeting of the Inclusive Framework on BEPS for the Eastern Europe and Central Asia region

More than 60 delegates from 14 countries gathered in Vilnius for the first regional meeting of the Inclusive Framework on BEPS in the region. This meeting was the last of a series of regional events in 2016 intended to offer countries in different regions of the world the opportunity to feed their views and provide their input into the Inclusive Framework on BEPS.




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Falls in tax revenue weaken domestic resource mobilisation in developing Asia

The fourth annual edition of Revenue Statistics in Asian Countries covers seven countries, including Kazakhstan for the first time. It shows that the tax-to-GDP ratio in all these countries are lower than the OECD average of 34.3% in 2015, which highlights that scope remains for increasing tax mobilisation, especially in Indonesia, Kazakhstan, Malaysia and the Philippines to achieve sustainable growth.




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OECD and tax officials from Eastern Europe and Central Asia discuss BEPS implementation in Armenia

Over 60 delegates from 16 countries, international and regional organisations, business, civil society and academia gathered in Yerevan, Armenia on 7 - 9 November 2018 for a regional meeting of the Inclusive Framework on BEPS in Eastern Europe and Central Asia.




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Asian and Pacific economies: decreases in tax revenue highlight need to broaden tax bases

This new report shows that tax-to-GDP ratios fell in most of the 16 Asian and Pacific economies covered by the report between 2015-16 due to a combination of policy reforms and decreasing natural resource prices.




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Tax revenues in Asian and Pacific economies rebound

Tax-to-GDP ratios increased in the majority of Asian and Pacific economies covered by a new OECD report published today. Nine of the economies in the publication increased their tax-to-GDP ratios between 2016 and 2017, compared with only three in the preceding year, according to Revenue Statistics in Asian and Pacific Economies 2019.




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OECD and Eurasian officials meet in Azerbaijan to discuss BEPS implementation and solutions to the tax challenges of digitalisation

Over 70 delegates from 14 countries, as well as international and regional organisations, business, and civil society gathered in Baku, Azerbaijan on 8-10 October 2019 for the Fifth Regional Meeting on BEPS for Eurasian Countries.




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Tax officials and stakeholders from Asia-Pacific meet in the Philippines to discuss proposals to address the tax challenges of the digitalisation of the economy

A regional meeting on tax and digitalisation for Asia and the Pacific , co-hosted by the Asian Development Bank (ADB) in collaboration with the Organisation for Economic Co-operation and Development (OECD), took place in Manila, the Philippines on 19-20 November 2019.




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Global Forum and Asian Development Bank delivered a training in Georgia on the implementation of the international tax transparency standards

The Global Forum and the Asian Development Bank held a joint training event on the Exchange of Information on Request Peer Reviews and Implementation of the Automatic Exchange of Information Standard from 17 January to 31 January 2020 in Tbilisi, Georgia.




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Conference on advancing responsible business practices in the Asia-Pacific region

Jointly organised by the OECD and ESCAP, this conference focused on the role of governments in supporting and facilitating more sustainable and inclusive business practices in the Asia-Pacific region.




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Southeast Asia Regional Forum

Organised in Bali on 24-25 March 2014, this forum addresses regional competitiveness for sustained growth. Individual sessions will discuss investment policy and promotion; SME policies; public-private partnerships; regulatory reform; and, innovation. These discussions will contribute to the objectives of the 2015 ASEAN Economic Community.




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Southeast Asia Investment Policy Perspectives

The Southeast Asian region has the potential to attract significant amounts of international investment in the coming years. To help ASEAN countries address the challenges that arise from an increased openness to investment, this report analyses the region's investment climate and suggests ways to bring about a greater convergence of both policies and outcomes for the countries involved.




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ADB-OECD Conference on fighting corruption and building trust in Asia and the Pacific

3-4 September 2014, Phnom Penh, Cambodia: This conference focused on the key levers for restoring trust in government and building trust by and in the private sector and civil society.




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Anti-corruption Network for Eastern Europe and Central Asia meetings: October 2014

8-10 October 2014, Paris, France: Discussions at this meeting will focus on implementing the Istanbul Anti-Corruption Action Plan; monitoring reports for Armenia and Kazakhstan; and, progress reports from Azerbaijan, Georgia, Kyrgyz Republic, Mongolia, Tajikistan, Ukraine and Uzbekistan.




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2014 ASEAN-OECD Conference on investment policy in Southeast Asia

This conference showcased ASEAN’s regional investment integration achievements and efforts. Practitioners highlighted policy reforms at the national and regional levels and considered practical measures to enhance integration. Ways to successfully attract investment that will strengthen ASEAN supply chains were identified.




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15th Tokyo Roundtable on Capital Market and Financial Reform in Asia

This roundtable offers a forum for regulators, policy-makers, experts, practitioners, scholars and international organisations to discuss issues relating to capital market reform in Asia.




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Anti-corruption Network for Eastern Europe and Central Asia: March 2015 meetings

This meeting will focus on the third round monitoring reports under the Istanbul Anti-Corruption Action Plan for Kyrgyzstan and Ukraine. The meeting will also include progress reports from Armenia, Azerbaijan, Georgia, Kazakhstan, Mongolia, Tajikistan and Uzbekistan.




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Prevention of Corruption in the Public Sector in Eastern Europe and Central Asia

This cross-country report on prevention of public sector corruption analyses the preventive measures that have proven to be effective and successful in Eastern Europe and Central Asia. The review focuses on twenty-one countries in Eastern Europe and Central Asia and includes examples from OECD countries.




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Asia-Pacific conference on aligning corporate sustainability with sustainable development goals

With a focus on the Asia-Pacific region, this conference addressed what the Sustainable Development Goals will mean for business and how business sustainability strategies can be aligned to support their implementation.




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Liability of Legal Persons for Corruption in Eastern Europe and Central Asia

This cross-country report analyses the legislation on liability of legal persons for corruption and its enforcement in Eastern Europe and Central Asia, highlighting national practices that may be promoted as good practice. While it focuses on 25 countries participating in the Anti-Corruption Network for Eastern Europe and Central Asia (ACN), examples from OECD countries are also included.




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Boosting the impact of anti-corruption reforms in Eastern Europe and Central Asia

21 April 2016, Paris: The OECD will host a High-Level Meeting on boosting the impact of anti-corruption reforms in Eastern Europe and Central Asia.




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Business Integrity in Eastern Europe and Central Asia

This study explores what governments, business associations, NGOs, and companies do in order to strengthen business integrity with a particular focus on anti-corruption measures in and for the private sector in countries in Eastern Europe and Central Asia, as well as in selected other countries.




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Anti-corruption Reforms in Eastern Europe and Central Asia

Countries in Eastern Europe and Central Asia have introduced important anti-corruption reforms in recent years. However, corruption in the region remains high. This report identifies progress achieved as well as challenges which require further action by countries.




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Mutual Legal Assistance in Asia and the Pacific: Experiences in 31 Jurisdictions, 2017

Mutual legal assistance, and international co-operation more broadly, are important issues in the investigation and prosecution of corruption crimes. This report outlines common barriers to MLA among the 31 member jurisdictions of the ADB/OECD Anti-Corruption Initiative for Asia and the Pacific, and describes best practices used to overcome these barriers.




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Anti-corruption Network for Eastern Europe and Central Asia: September 2017 meetings

This meeting of the Anti-Corruption Network for Eastern Europe and Central Asia (ACN) will take place at the OECD on 12-14 September 2017.




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OECD Investment Policy Review of Southeast Asia

This report builds on national reviews of seven countries in Southeast Asia. It looks at common challenges across the region and at the interplay between regional initiatives and national reforms.




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Asia/Pacific region: Improving the quality of its healthcare

Though the rate of public spending on healthcare in the Asia/Pacific region is still well below the OECD average, countries there are committing more resources to improving health care quality.




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Most Asia/Pacific countries need to improve affordable access to healthcare, says OECD

Countries in the Asia/Pacific region need to step up their efforts to give more people access to affordable, quality health care. Too many people, especially women, cannot get the medical treatment they need due to high costs, difficulties in getting permission to see a doctor or a lack of health care providers in rural areas, according to a new OECD report.




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Asia-Pacific should boost health spending to meet needs of fast ageing populations

Asia-Pacific countries should strengthen their health systems and sharply increase spending to deliver effective universal coverage in order to meet the changing needs of their fast ageing populations, according to a new OECD report.




asia

Urgent reform key to securing Asia’s pension systems, says OECD

Asia’s pension systems need modernising urgently to deliver secure, sustainable and adequate retirement incomes for today’s workers in the context of the rapid population ageing that will occur over the next two decades, according to a new OECD report.




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Skills Development Pathways in Asia: Employment and Skills Strategies in Southeast Asia initiative (ESSSA)

Skills and educational development for inclusive and sustainable growth are becoming significant drivers in OECD countries.




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Australia is in a strong position, but must adapt to take full advantage of rising Asia, OECD says

The Australian economy is robust and faces a solid short-term outlook, but it must continue adapting to ensure that its privileged place in the Asia-Pacific region contributes to long-term sustainable growth, according to the OECD’s latest Economic Survey of Australia.




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Revenue Statistics Asia: Key findings for Australia

Australia's tax-to-GDP ratio was 27.8% in 2016* (latest available data), below the OECD average (34.2%) by 6.4 percentage points, and above the LAC and Africa (21)* averages (22.8% and 18.2%, respectively).




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2013 OECD-Asian Roundtable on Corporate Governance

Kuala Lumpur, Malaysia - 5-6 June 2013 - This meeting served as an opportunity to better understand the particular features and challenges associated with equity market developments worldwide and in particular, corporate governance policies and practices and their relationship to equity market growth in Asia.




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Emerging Asia to see healthy medium-term growth but institutional reforms will be critical for future, says the OECD Development Centre

While the outlook for many OECD countries remains subdued, Emerging Asia is set for healthy growth over the medium term. Annual GDP growth for the ASEAN -10, China and India is forecast to average 6.5% over 2015-19. Growth momentum remains robust in the 10 ASEAN countries, with economic growth averaging 5.6% over 2015-19.




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Health at a Glance: Asia/Pacific 2014 - Note for Japan (in English)

Highest life expectancy in Japan has been attained through a series of public health actions and universal health coverage.




asia

Falls in tax revenue weaken domestic resource mobilisation in developing Asia

The fourth annual edition of Revenue Statistics in Asian Countries covers seven countries, including Kazakhstan for the first time. It shows that the tax-to-GDP ratio in all these countries are lower than the OECD average of 34.3% in 2015, which highlights that scope remains for increasing tax mobilisation, especially in Indonesia, Kazakhstan, Malaysia and the Philippines to achieve sustainable growth.




asia

Revenue Statistics Asia: Key findings for Japan

Japan's tax-to-GDP ratio was 30.6% in 2016* (latest available data), below the OECD average (34.2%) by 3.6 percentage points, and above the LAC and Africa (21)* averages (22.8% and 18.2%, respectively).




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South Africa Exports to Asia

Exports to Asia in South Africa decreased to 31282.21 ZAR Million in March from 32098.71 ZAR Million in February of 2020. Exports to Asia in South Africa averaged 29978.75 ZAR Million from 2014 until 2020, reaching an all time high of 39054.67 ZAR Million in November of 2017 and a record low of 20235.93 ZAR Million in January of 2015. This page includes a chart with historical data for South Africa Exports to Asia.




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South Africa Imports from Asia

Imports from Asia in South Africa decreased to 38061 ZAR Million in March from 42542.49 ZAR Million in February of 2020. Imports from Asia in South Africa averaged 42926.01 ZAR Million from 2014 until 2020, reaching an all time high of 59349.25 ZAR Million in October of 2018 and a record low of 33592.35 ZAR Million in December of 2015. This page includes a chart with historical data for South Africa Imports from Asia.




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India-OECD-World Bank Conference on financial education in India and Asia

This conference, taking place on 4-5 March 2013 in New Delhi, India, addressed specific issues relating to financial literacy in India and the Asia region. It presented the output of the Russia/OECD/World Bank Trust Fund on Financial Literacy and Education.




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The future of the Asian economic and financial community

This article by OECD Deputy Secretary-General Rintaro Tamaki focuses on three issues that will be important in shaping the future of the Asian economic and financial community: trade, funding long-term investment and strengthened regional financial co-operation.




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13th Tokyo Roundtable on Capital Market Reform in Asia

The implications of the European sovereign debt crisis for Asia, the globalisation of the funding of investments and the contribution of long-term institutional investors to growth were amongst the topics explored at the 2013 Tokyo Roundtable.




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APEC Finance Ministers welcome OECD report on disaster risk financing in the Asia Pacific region

At their meetings on 19-20 September 2013, APEC Finance Ministers welcomed a survey report prepared by the OECD on disaster risk financing practices in the Asia Pacific region.




asia

14th Tokyo Roundtable on Capital Market Reform in Asia

Discussions at the 14th roundtable focussed on quantitative easing (QE) tapering to Asia, financial regulatory reforms, financial liberalisation and fragmenting growth, long-term investment for infrastructure, financial inclusion and disaster risk financing in insurance and financial markets.




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OECD/Thailand Seminar on Financial Inclusion and Financial Literacy in Asia

This seminar addressed cutting-edge policy issues and research ideas to promote financial inclusion and financial literacy in Asia, notably: national strategies for financial education; financial education and consumer protection; measuring financial literacy; and, financial literacy for micro-entrepreneurs and SMEs.




asia

15th Tokyo Roundtable on Capital Market and Financial Reform in Asia

This roundtable offers a forum for regulators, policy-makers, experts, practitioners, scholars and international organisations to discuss issues relating to capital market reform in Asia.




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New G20/OECD Principles of Corporate Governance to promote trust and improve the functioning of capital markets in Asia

As part of continuing efforts to support market confidence and business integrity, the OECD has launched in Asia a new set of corporate governance principles that were endorsed at the G20 Finance Ministers meeting in September 2015.