Powering Payments: The Role of Technology in ASEAN’s Regional Payment Connectivity Initiative
July 3, 2025
This paper examines the role of technological advancements in driving the progress and recent expansion of the RPC initiative.
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.
December 29, 2023
Hoang Nam Nguyen, Li Lian Ong, Prashant Pande, Toàn Long Quách
Use of local currencies in cross-border transactions among the ASEAN+3 strengthens financial resilience, promotes trade and investment, and reduces the region’s reliance on foreign currencies.
November 24, 2023
Jorge Antonio Chan-Lau, Toàn Long Quách
Cryptocurrency adoption in emerging markets, especially the ASEAN+3 region, has been strong at both institutional and retail levels.
May 2, 2023
Alex Liyang Tang, Chiang Yong (Edmond) Choo, Hoang Nam Nguyen, Li Lian Ong, Prashant Pande, Toàn Long Quách, Yin Fai Ho
Financial digitalization (FinDig) is changing the landscape of the international monetary and financial system.
April 27, 2023
With a market capitalization of KRW23 trillion by H1 2022, Korea has been a hotspot for the virtual asset market due to lucrative returns on virtual asset trading, the so-called “Kimchi premium”.
April 20, 2023
Key takeaways from the Bank of Korea and the Riksbank’s pilot projects.
April 10, 2023
April 4, 2023
Byunghoon Nam, Kevin C. Cheng, Kimi Xu Jiang, Trung Thanh Vu, Wanwisa May Vorranikulkij
The Korean economy has recovered strongly from the pandemic, led by robust export growth and a strong rebound in private consumption. However, inflation remains elevated and the economic outlook in the near term has deteriorated amid tighter financial conditions and weakening external demand.
February 21, 2022
Investment in the fintech sector globally has risen, but so has competition for funding. Recent initiatives, such as the Hong Kong Monetary Authority’s (HKMA) Fintech 2025 strategy, will strengthen fintech’s role as Hong Kong’s next growth engine, but the city can do more to help its fintech sector compete with other fintech hubs in attracting funding.
January 19, 2022
Prashant Pande, Toàn Long Quách
Interest in financial digitalization has been intensifying within the ASEAN+3 region.