Asean's capital idea is far from paying off

The bloc's Capital Markets Forum was intended to increase cross-border issuance in the region. So far, it's failing to deliver.

Asean's capital idea is far from paying off

The Association of Southeast Asian Nations Asean Capital Markets Forum was created in 2004, and was quickly directed to increase cross-border issuance in the region.

Since then a variety of initiatives have been launched, including a trading link that makes it easier for brokers in one country to place orders on a foreign stock exchange, a set of common disclosure standards, and the introduction of a green bond framework in March.

But...

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