Low demand for manufacturing exports affected particularly the more open, bigger, and trade-oriented economies.
News
Southeast Asian countries lay the groundwork for the sustainable use of ocean and coastal resources in the region.
Sharing storage infrastructure is expected to make CCUS projects economically and technically feasible in the region.
The agreement could double the size of ASEAN's digital economy by 2030 and help MSMEs and startups in the region embrace digital transformation.
Accounting for about 15% of the world’s population, people with disability matter for both societal and economic development.
Investing in downstream LNG infrastructure is not a step back from the region's ambitious climate objectives as long as governments continue adopting clean energy technologies
The planned Brunei Darussalam–Indonesia–Malaysia–Philippines Power Integration may be the next multilateral power trading project.
An ADB study sees airlines recovering 90% of their capacity by the end of 2023, but the path to full recovery will be challenging.
Southeast Asia takes the next step toward Paris climate goals with the release of Version 2 of the ASEAN Taxonomy for Sustainable Finance.
Providing equal access to affordable childcare, increasing financial and digital literacy, and targeted skilling programs are key.
To achieve 23% renewable energy in its total primary energy supply by 2025, the region needs to deploy and test innovative financing and investment schemes to aid the shift.
This entails bridging the digital divide, improving the digital skills and literacy of citizens, and safeguarding payments systems from cybersecurity risks.
