ASEAN+3 Cross-Border Payments, Regional Connectivity, and Way Forward
May 4, 2026
This policy perspectives paper examines the evolving landscape of cross-border payment connectivity in the ASEAN+3 region.
May 4, 2026
Chiang Yong (Edmond) Choo, Leilei Lu, Prashant Pande, Runchana Pongsaparn, Toàn Long Quách
This policy perspectives paper examines the evolving landscape of cross-border payment connectivity in the ASEAN+3 region.
October 9, 2025
Andrew Tsang, Benyaporn Chantana, Chenxu Fu, Chiang Yong (Edmond) Choo, Eunmi Park, Ivan Lim, Junjie Shi, Kuchsa Dy, Leilei Lu, Prashant Pande, Runchana Pongsaparn, Ruperto Majuca, Shunsuke Endo, Yang Jiao, Yoki Okawa
The AFSR 2025 explores the evolving risks and vulnerabilities shaping ASEAN+3’s financial landscape and how the region is building greater resilience for the future.
October 9, 2025
Watch how rapid digitalization is reshaping the financial industry landscape and why it matters.
July 3, 2025
Chiang Yong (Edmond) Choo, Prashant Pande, Toàn Long Quách
This paper examines the role of technological advancements in driving the progress and recent expansion of the RPC initiative.
April 22, 2025
Chenxu Fu, Chiang Yong (Edmond) Choo, Eunmi Park, Ivan Lim, Prashant Pande, Runchana Pongsaparn, Yoki Okawa
This analytical note attempts to assess the post-liberation impact on ASEAN+3 financial markets, conduct a comparative study with the 2018 China-US trade tension to draw lessons learned and identify potential risks at sectoral level.
April 8, 2025
Aruhan Rui Shi, Prashant Pande
The unwinding of yen-funded carry trades presents both risks and opportunities for ASEAN+3 economies.
January 10, 2025
Catharine Kho, Justin Lim, Kevin C. Cheng, Leilei Lu, Prashant Pande, Yoki Okawa
Singapore’s economic growth is expected to strengthen in 2024 to 3.7%, driven by an upturn in exports and resilient domestic demand.
December 19, 2024
Aruhan Rui Shi, Prashant Pande
Currency carry trade has come under the spotlight following a sharp appreciation of the Japanese yen in early August.
November 15, 2024
Kevin C. Cheng, Prashant Pande
ASEAN+3’s heavy reliance on the US dollar has created two key financial stability risks for the region.
October 22, 2024
Li Lian Ong, Prashant Pande, Yin Fai Ho
Volatile capital flows pose perpetual challenges for surveillance, policymaking, and investing, notably in ASEAN+3 emerging market economies.