The ASEAN-Japan Insights Series aims to be a relevant and leading information sharing platform in the region on ASEAN-Japan matters. It will be a hybrid, bilingual (English and Japanese) webinar series that will regularly feature hot topics in ASEAN and Japan and facilitate information sharing and knowledge sharing among industry, academia, governments, and enterprises within the region.
For its inaugural launch, the Series features an important development in the area of financial technology (or fintech) and digital economy. ASEAN governments have recently launched the Framework for Negotiating the ASEAN Digital Economy Framework Agreement (ASEAN DEFA) in September 2023 during the 43rd ASEAN Summit, to accelerate the establishment of a regional digital economy by 2025. This has been a long-awaited development in the region, as several ASEAN member states (AMS) have gone ahead in establishing bilateral financial linkages through cross-border payment systems, such as Singapore’s PayNow with Thailand’s PromptPay (2016), Malaysia with Thailand, Indonesia, and Singapore, Thailand’s PromptPay with Japan, Cambodia, Viet nam, Malaysia, Indonesia, and Singapore. More recently in August 2023, Cambodia and Lao PDR have also successfully launched the KHQR-LAOQR. These significant developments create an important benchmark for laying the foundation for multilateral payment systems within ASEAN as a region.
However, what are the challenges and remaining gaps that the AMS need to prepare for? How can Japan join in the establishment of digital payment systems that can potentially promote trade in goods and services between Japan and AMS, and within the region? This dialogue presents views from the financial, banking, and fintech sectors in understanding the potentials and challenges of establishing cross-border payments, and what opportunities it holds for Japan and ASEAN countries.
Registration is free and open to interested audience from the business, government, academic, and related sectors. Register here:
https://us06web.zoom.us/webinar/register/WN_kUXzKmsSTleBSDPBcJBveg
| Date | Thursday, 14 December 2023 |
| Time | 15:00-16:30 (Japan Standard Time) |
| Format | Online (Zoom) |
| Language | English with simultaneous Japanese translation |
| Organizer | ASEAN-Japan Centre |
| Registration | Free |
| Programme ( TBC ) | 15:00-15:05 Introduction to the ASEAN-Japan Insights Katrina NAVALLO, PhD Programme Manager, Research and Policy Advocacy Team, ASEAN-Japan Centre 15:06-15:10 Welcome and Opening Remarks HIRABAYASHI Kunihiko, MD, PhD Secretary General, ASEAN-Japan Centre 15:11-15:50 The Future of Cross-Border Digital Payment Systems in ASEAN and Japan Speakers: 1. Mr. Ouk SARAT Director of Payment System, National Bank of Cambodia 2. Mr. MIYAZAWA Kazumasa CEO, Soramitsu Japan 3. Mr. Dicky KARTIKOYONO Assistant Governor, Bank of Indonesia 4. Mr. Sopnendu MOHANTY ( TBC ) Chief Fintech Officer, Monetary Authority of Singapore 5. Mr. Yohanes LUKIMAN ( TBC ) Policy Manager, ASEAN Business Advisory Council Digital Transformation 15:51-16:25 Panel Discussion and Open Forum Moderator: Dr. Monica WIHARDJA Visiting Fellow, ISEAS-Yusof Ishak Institute Panelists: 1. Mr. Ouk SARAT Director of Payment System, National Bank of Cambodia 2. Mr. MIYAZAWA Kazumasa CEO, Soramitsu Japan 3. Mr. Dicky KARTIKOYONO Assistant Governor, Bank of Indonesia 4. Mr. Sopnendu MOHANTY ( TBC ) Chief Fintech Officer, Monetary Authority of Singapore 5. Mr. Yohanes LUKIMAN ( TBC ) Policy Manager, ASEAN Business Advisory Council Digital Transformation 16:30 Wrap up and end |
| Register | https://us06web.zoom.us/webinar/register/WN_kUXzKmsSTleBSDPBcJBveg |
| Contact | Research & Policy Advocacy (RPA) Team ASEAN-JAPAN Centre 1F, Shin Onarimon Bldg. 6-17-19 Shimbashi, Minato-ku, Tokyo 105-0004 Email: info_rpa@asean.or.jp |
