| Dates | 27 October – 4 November 1988 |
|---|---|
| Administrator(s) | Asian Cricket Council |
| Cricket format | One Day International |
| Tournament format(s) | Round-robin |
| Host(s) |  Bangladesh |
| Champions |  India (2nd title) |
| Runners-up |  Sri Lanka |
| Participants | 4 |
| Matches | 7 |
| Player of the series | Navjot Sidhu |
| Most runs |  Ijaz Ahmed (192) |
| Most wickets | Arshad Ayub (9) |
The 1988 Asia Cup (also known as the Wills Asia Cup) was the third Asia Cup tournament, held in Bangladesh between 26 October and 4 November 1988. Four teams took part in the tournament: India, Pakistan, Sri Lanka and the host nation Bangladesh. The matches were the first-ever List A-classified being played in Bangladesh, then an Associate Member of the International Cricket Council (ICC), their opponents all being Full Members.
The 1988 Asia Cup was a round-robin tournament where each team played the other three once, and the top two teams qualifying for a place in the final. India and Sri Lanka qualified for the final in which India defeated Sri Lanka by 6 wickets to win its second Asia Cup.