Like in every transition from one regime to the other where those coming after inherit the assets and liabilities of those they take over from, the 10th House
Prolonged high inflation and uncertainty in the business environment are taking a toll on the stock market as capitalisation and activities in the country continue to trail behind those of other countries.
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On March 30, 2021, finance ministers and central bank governors
from members of the Association of Southeast Asian Nations
(
ASEAN) announced their support for an ASEAN Taxonomy
of Sustainable Finance (
ASEAN Taxonomy). Like the
Taxonomy Regulation in the European Union, the
ASEAN Taxonomy will serve as ASEAN s common language for
sustainable finance and account for both international goals and
ASEAN s specific needs. The initiative is supported by a range
of ASEAN bodies, including its Capital Markets Forum, Insurance
Regulators Meeting, Senior Level Committee on Financial
Integration and Working Committee on Capital Market