The ASEAN+3 Macroeconomic Research Office (AMRO) on Monday released upbeat forecasts for the ASEAN+3 region, projecting a growth increase to 4.5% in 2024 from 4.3% in 2023, and anticipating a growth of 4.2% for 2025.
The Regional Payment Connectivity (RPC) initiative in ASEAN has expanded its network to nine central banks with the official inclusion of Brunei Darussalam Central Bank (BDCB) and Bank of the Lao PDR (BOL).