BOK’s and Riksbank’s Pilot Studies: While Retail CBDC Would Yield Manifold Benefits, More Work Needs to Be Done
Key takeaways from the Bank of Korea and the Riksbank's pilot projects.
Key takeaways from the Bank of Korea and the Riksbank's pilot projects.
The Indonesian economy grew solidly by 5.3 percent in 2022, led by strong rebound in domestic demand as consumer and business confidence was sustained, and by robust exports.
Watch the highlights of AMRO’s 2022 Annual Consultation Report on Japan. The Japanese economy is forecast to grow by 1.2% in 2023 after a moderate 1.1% recovery in 2022. Private…
The Japanese economy continued to recover at a moderate pace in 2022, as the COVID-19 pandemic has shifted gradually to an endemic phase.
Thailand’s recovery has regained momentum on the back of strengthening domestic demand and a stronger rebound in international tourist arrivals.
Thailand’s recovery is gaining momentum on the back of strengthening domestic demand and a stronger rebound in tourist arrivals.
After the setback to growth last year due to the outbreak of the Delta variant of COVID-19, economic activities in Brunei Darussalam are gradually picking up, particularly in the non-oil and gas (O&G) sector.
Much like the previous two years, 2022 was not without its challenges. From the war in Ukraine to elevated interest rates and inflation, no country or region has been spared from the economic repercussions.
With a mobile phone penetration rate among the highest in ASEAN, Vietnam has emerged as a frontrunner in the financial digitalization race in the region.
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.