Bali

Under Pillar One of BEPS, multinational enterprises with global turnover above 20 billion euros and pre-tax profit above 10 percent of revenue will have to pay 25 percent of the profit before tax

Just a handful of Chinese visitors were posing for photos and basking in the sun this week in the market and plazas near Chiang Mai's ancient Tha Phae Gate, one of many tourist hotspots still waiting for millions of Chinese travellers to return. The beaches and temples of destinations like Bali and Chiang Mai are the busiest they have been since the pandemic struck three years ago, but they're still relatively quiet. Still, Chanatip Pansomboon, a soft drinks seller in the Chinatown district of Chiang Mai, a scenic riverside city in northern Thailand, was upbeat. He trusts that with the number of flights from China steadily increasing, it's only a matter of time. If a lot of them can return, it will be great as they have buying power, Chanatip said. The expected resumption of group tours from China is likely to bring far more visitors. For now, it's only individual travellers who can afford to pay, with flights costing more than triple what they normally do, who are venturing ...

Far from Bali's beaches and hotels, farmer I Ketut Jata stands on a mountainside, staring at terraced land that is too dry to grow the rice his family has long relied on for food and income. It is no longer possible to work in the fields as a farmer," he says. Bali's water crisis is worsening from tourism development, population growth and water mismanagement, experts and environmental groups warn. Water shortages already are affecting UNESCO sites, wells, food production and Balinese culture and experts say the situation will deteriorate further if existing water control policies are not enforced across the island. A tropical, volcanic island in the center of Indonesia's archipelago, Bali relies on water from three main sources: crater lakes, rivers and shallow groundwater. A unique traditional irrigation system, called the subak, distributes water through a network of canals, dams and tunnels. The subak, made a UNESCO site in 2012, is central to Balinese culture, representing the

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India's presidency must make G20 more relevant

A passenger ferry carrying 271 people caught fire Wednesday off Indonesia's resort island of Bali, but there were no immediate reports of casualties and evacuation efforts were ongoing, rescue officials said. The Mutiara Timur I was carrying 236 passengers and 35 crew members when it caught fire in the Bali Strait, about 1.5 km (a mile) from Karangasem beach. Dozens of rescuers, navy sailors and local fishermen were trying to evacuate people to two navy ships and and there were no immediate reports of injuries, said Bali's search and rescue agency head Gede Darmada. We are still focus on evacuation efforts, Darmada said, adding that the cause of the fire was being investigated. Photos and video released by the National Search and Rescue Agency showed rescuers in inflatable boats evacuating the passengers to a navy ship while black smoke billowed from the burning ferry. The ferry was heading from Lembar port in West Nusa Tenggara province from East Java's Ketapang town, according t

US President Joe Biden said on Wednesday that it was "unlikely" that a missile that killed two in NATO-ally Poland was fired from Russia, but pledged support for Poland's investigation into what it had called a "Russian-made" missile. Biden spoke after he convened an "emergency" meeting of the Group of Seven and NATO leaders in Indonesia on Wednesday morning for consultations on the attack that killed two people in the eastern part of Poland near the Ukraine border. "There is preliminary information that contests that," Biden told reporters when asked if the missile had been fired from Russia. "It is unlikely in the lines of the trajectory that it was fired from Russia, but we will see." The president, who was awakened overnight by staff with the news of the missile explosion while in Indonesia for the Group of 20 summit, called Polish President Andrzej Duda early on Wednesday to express his "deep condolences" for the loss of lives. Biden promised on Twitter "full US support for and

Prime Minister Narendra Modi interacted with several world leaders during the ongoing 17th G20 Summit in Bali, including US and French Presidents Joe Biden and Emmanuel Macron, as well as Rishi Sunak

PM Modi to emphasis India's priorities as country takes over G20's annual presidency at the end of the meet

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This G20 Summit is particularly special because India will hold the presidency of the G20 Summit from 1st Dec for a one-year period, and the presidency handover will take place at the Summit in Bali

Prime Minister Narendra Modi will have around 20 engagements during his nearly 45 hours of stay in Bali, Indonesia where he will attend the G20 summit, official sources said. PM Modi, who will leave for the Indonesian city on Monday, will hold bilateral meetings with around 10 world leaders and will also attend a community event to connect with Indian diaspora in Indonesia, the sources said. The prime minister will have a "hectic and productive" visit to Bali, an official source said. Foreign Secretary Vinay Kwatra had earlier said that Modi will participate in three key sessions -- food and energy security, digital transformation and health -- at the G20 summit. At a media briefing, Kwatra said Modi and other leaders will discuss issues relating to global economy, energy, environment, digital transformation, etc. The summit is set to be attended by US President Joe Biden, British Prime Minister Rishi Sunak, French President Emmanuel Macron, German Chancellor Olaf Scholz and Chine

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The 2022 G20 Summit will take place under the presidency of Indonesia in Bali between November 15 and 16

The government may be tempted to showcase its own achievements. But it must resist this temptation

The meeting with the USTR is crucial since the conclusion of the 12th WTO ministerial in June, the outcome document had promised to revive the dispute settlement body in the next two years

Russian President Vladimir Putin as well as his Chinese counterpart, Xi Jinping, will visit the upcoming G20 Summit in Bali, Indonesian President Joko Widodo said

External Affairs Minister S Jaishankar on Friday met US Secretary of State Antony Blinken here and discussed various global and regional issues.This year, the G20 Foreign Ministers' meeting is being organised by Indonesia.Taking to Twitter, Jaishankar said that the present relationship between India and US allows the leaders of both countries to approach a range of challenges with greater understanding and openness."Continued the conversation with @SecBlinken on global and regional issues, this time at Bali #G20FMM. Our relationship today allows us to approach a range of challenges with greater understanding and openness," the External Affairs Minister tweeted.Last month, Jaishankar and Blinken met on the sidelines of the Quad summit in Tokyo. Both leaders had discussed the Ukraine conflict and other regional and global issues.Jaishankar also met Russian Foreign Minister Sergey Lavrov and discussed bilateral matters along with exchanging views on contemporary regional and ...

The United States and its allies have sought to punish Russian President Vladimir Putin in as many ways as possible

The Nov 15-16 summit risked awkward diplomatic encounters if Putin were to have come, as announced by the Kremlin.