April 21, 2023
In March 2020, Japanese banks experienced stress in their U.S. dollar funding due to a liquidity crunch in the U.S. dollar funding market.
April 18, 2023
During 2022, the Korean won (KRW) exchange rate was highly volatile as the U.S. economy emerged from the pandemic and the U.S. dollar (USD) strengthened following the hawkish policy stance of the U.S. Federal Reserve.
March 17, 2023
In accordance with the Paris Agreement, the Japanese government pledged to cut greenhouse gas (GHG) emissions by 46% by 2030 and achieve carbon neutrality by 2050.
March 1, 2023
Cambodia’s economy had been growing remarkably in the last decade before coming to a sudden stop due to the COVID-19 pandemic. While Cambodia is now on a good recovery path, some indicators suggest long-term external vulnerability.
December 27, 2022
Launching a loan restructuring program, or similar initiatives such as loan repayment assistance or a loan moratorium, is common practice among ASEAN+3 governments responding to the financial distress caused by the COVID-19 pandemic.
November 23, 2022
The cases of the Philippines and Indonesia are among the reasons why the CMIM has never been tapped.
October 14, 2022
Since 1958, two years after joining the International Monetary Fund (IMF),
September 28, 2022
With a total financing capacity of USD240 billion, the Chiang Mai Initiative Multilateralisation (CMIM) is the world’s second largest regional financing arrangement (RFA) among active RFAs, after the European Stability Mechanism (ESM) and much larger than most other arrangements in non-European regions.
September 9, 2022
The COVID-19 pandemic brought widespread concern and financial distress to individuals and businesses − and ASEAN+3 governments responded with a wide array of macro-financial measures.
August 10, 2022
Hawkish shifts in the US Federal Reserve’s monetary policy have often led to heightened financial and economic stress in emerging economies.
