Indonesia launches global-standard sustainability reporting system
Indonesia has officially launched its Sustainability Disclosure Standards (SPK) through a collaboration between Bank Indonesia, the Ministry of Finance, and the Financial Services Authority (OJK).
Jakarta (VNA)♐ – Indonesia has officially launched its Sustainability Disclosure Standards (SPK) through a collaboration between Bank Indonesia, the Ministry of Finance, and the Financial Services Authority (OJK).
The SPK, comprising PSPK (Sustainability Disclosure Statements) 1 and 2, was approved by the Sustainability Standards Board of the IAI (DSK IAI) on July 1, 2025, and will take effect on January 1, 2027.
The standards adopt the IFRS Sustainability Disclosure Standards (IFRS S1 and IFRS S2) issued by the International Sustainability Standards Board (ISSB), positioning Indonesia among 33 jurisdictions implementing the global sustainability reporting framework.
Inarno Djajadi, Executive Chair of the Capital Market, Finance, Derivatives, and Carbon Exchange Supervision and Member of the OJK Board of Commissioners, said on August 11 that robust sustainability standards can expand transparency on risks, opportunities, and strategies, enabling companies to better navigate future uncertainties, especially climate-related risks.
The issuance of SPK follows the SPK Roadmap published in December 2024, building on initiatives launched by IAI (Ikatan Akuntan Indonesia) in 2020, such as forming the Comprehensive Corporate Reporting Task Force (TF CCR) and the Indonesia Sustainability Reporting Forum (ISRF). These aim to strengthen cooperation among regulators, businesses, and stakeholders, contribute to national emission reduction goals, and develop guidance for DSK IAI./.
Minister of Forestry Raja Juli Antoni credited the country's success in reducing forest and land fires to the effective use of meteorological technology and the synergy between air and land operations.
The ASEAN Foundation, with support from Google, launched AI Class ASEAN, a free learning platform to equip communities with the skills to thrive in the AI era. By training 800,000 local leaders across all ten ASEAN member states, the programme will empower 5.5 million people, including 400,000 Malaysians, with practical AI literacy.
The festivities kicked off with a roundtable discussion co-organised by the Vietnamese Embassy and the Institute of Strategic Studies Islamabad (ISSI), themed “Pakistan and ASEAN: Partners in Peace, Progress, and Regional Prosperity”.
The Lao People’s Revolutionary Party (LPRP) Central Committee’s Commission for Propaganda and Training on August 12 hosted a ceremony and exhibition marking the 75th anniversary of Mass Media and Publishing Day (August 13, 1950 – 2025).
Analysis by an economist found the US tariffs may reduce Thailand's exports by 8.16 billion USD, and when factoring in the trade diversion effect, they could drop by 457 billion THB (14.14 billion USD) this year.
Laos has reaffirmed its strong commitment to protecting forests and enhancing climate change adaptation, calling for deeper regional cooperation to safeguard ecosystems and promote sustainable development.
The import restriction will remain in effect until further notice, depending on developments in disease prevention and control efforts in affected countries, according to the Philippine Department of Agriculture.
Addressing the event, Indonesian Ambassador Dr. Bebeb A.K.N. Djundjunan, who is now holding the ACAT rotating chairmanship, highlighted ASEAN’s message on a more united, resilient, inclusive, and sustainable association. He reviewed key achievements of the group, such as community building and expanded cooperation with global partners.
The Initiative for ASEAN Integration (IAI) has become a key mechanism in narrowing development gaps among member states, helping the CLMV fully implement the joint commitments and comprehensively participate in the bloc’s integration and community building processes.
Four other major Thai destinations - Phuket, Pattaya, Chiang Mai, and Hat Yai - also ranked among the region’s top cities for repeat visits, reflecting Thailand’s diversity and enduring appeal for travellers of all types.
In its Pre-Budget Statement 2026, the ministry stated that growth will be anchored by resilient domestic demand, particularly through private investment, stable employment, and income-enhancing measures such as targeted cash transfers and wage increases.
Singapore is at risk of chikungunya transmission as the number of reported cases this year has more than doubled compared to last year, the country’s Communicable Diseases Agency (CDA) has reported.
On August 11, major RoK outlets, including Yonhap News Agency, KBS, The Korea Herald, and The Korea Times, provided prominent coverage of the talks held the same day between General Secretary Lam and President Lee Jae Myung, during which both sides agreed to strengthen cooperation in economy, security, technology, and culture.
The Singaporean government needs to enable people, workers and businesses to make full use of these tools, and enhance their competitive advantage. It “will walk this journey” with Singaporeans as it has done for the past six decades, said Prime Minister Lawrence Wong.
The meeting provided an opportunity to reaffirm both ASEAN member states' and partners’ commitment to strengthening cooperation and narrowing development gaps.
Thailand emits roughly 350 million tonnes of carbon dioxide equivalent annually, with the energy and industrial sectors accounting for more than 75% of this amount. Though this volume represents just 1% of global emissions, the Thai Government is eager to achieve carbon neutrality, a balance between carbon dioxide emissions and absorption, by 2050.
The Malaysian government is undertaking a structured assessment to examine the role of nuclear power as a potential option for clean, stable, and competitive electricity within Malaysia’s future energy mix.
It aims to identify and honour digital technology initiatives, products, and solutions with practical applications; promote creativity in technology development; anticipate trends and development potential in digital technology; and recognise the role of digital technology in economic growth and enhancing quality of life for citizens in ASEAN countries.
