The Financial Services Authority (OJK) of Indonesia, as the chair of the 2023 ASEAN Capital Market Forum (ACMF), is optimistic that ASEAN can achieve fast, inclusive, and sustainable economic growth.
Chief executive for capital markets, financial derivatives, and carbon exchange supervision of the Financial Services Authority (OJK), Inarno Djajadi, at the 38th ACMF Chairs’ Meeting, which was held in a hybrid format in Yogyakarta on March 20, 2023. (Photo: ANTARA)
Jakarta (VNA) - The FinancialServices Authority (OJK) of Indonesia, as the chair of the 2023 ASEAN Capital Market Forum(ACMF), is optimistic that ASEAN can achieve fast, inclusive, and sustainableeconomic growth.
💮 Speaking at the 38th ACMF Chairs’ Meeting held on March 21 in Yogyakarta, OJK's Chief Executivefor Capital Markets, Financial Derivatives, and Carbon Exchange SupervisionInarno Djajadi highlighted that by 2030, the bloc should be able to realise thenational commitment of Nationally Determined Contributions (NDC) on reducinggreenhouse gas emissions towards the goal of net zero emissions.
He said that the ACMF, as a regional capitalmarket regulatory group, can contribute to ASEAN countries' economic transitiontoward a low-carbon economy, especially in the six sectors prioritized in theASEAN Taxonomy Version 1. According to Djajadi, ACMF will also develop a transition guideline so that companiescan carry out the transition process in a transparent and credible manner.
🔯 ACMF will continue to strengthen collaborationwith the International Sustainability Standards Board (ISSB) on encouragingcorporate sustainability disclosure, building awareness, increasing greeneconomy technical competence, and bolstering knowledge transfer.
This year, ACMF is looking forward to launchingthe Sustainable Finance Knowledge Hub, the ASEAN Green Lane, and thepublication of the revised ASEAN Corporate Governance Scorecard (ACGS). In addition, based on data from the ASEANGreen, Social, and Sustainability Bond Standards introduced in 2017 and 2018,ASEAN-labelled green, social, or sustainable bonds worth about 38.06 billionUSD had been issued as of March 15, 2023./.
Ten ASEAN Tourism Ministers have approved the ASEAN professional standards for MICE Professionals and Event Professionals. Effective regionally this year, the approved standards will enhance the competitiveness and strengthen the potential of ASEAN MICE industry.
The Association of Southeast Asian Nations (ASEAN) has committed to implementing One Health initiatives to prevent future pandemics due to transmission from animals to humans.
The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.
A technical issue combined with an extreme heatwave was blamed for a series of explosions at a military base that killed 20 soldiers and injured several others in Cambodia on April 27, the country’s Ministry of Defence said in a May 2 statement as reported by the Xinhua news agency.
The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
A lecturer from Chulalongkorn University’s Faculty of Medicine has warned Thais to be more vigilant against COVID-19, saying infection rates appeare to be worsening with higher hospital admissions, deaths and severe cases.
Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
Laos has officially restored the 10% value-added tax (VAT) rate starting May 1, in a bid to support the country’s budget revenue and socio-economic development.
The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.
ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).
The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
Thailand expects to export about 1 million tonnes of durian, valued at an estimated 130 billion THB (3.53 billion USD) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.
The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on April 19.