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BIMP-EAGA

BIMP-EAGA

The Brunei Darussalam–Indonesia–Malaysia–Philippines East ASEAN Growth Area, or BIMP-EAGA, is a cooperation initiative established in 1994 to spur development in remote and less developed areas in the four participating Southeast Asian countries.

Over 85% of remaining coral reefs in Asia and the Pacific are vulnerable to typhoons and other risks. Photo credit: ADB.
Article

How an Innovative Insurance Product Can Protect Coral Reefs

With parametric insurance, payouts can be made immediately after a typhoon, making it an effective tool to fund rapid restoration of coral reefs.
Alternative accommodations play an important role in bolstering a destination’s tourism competitiveness by offering unique and flexible lodging options. Photo credit: iStock/lithiumcloud.
Article

Well-Managed Alternative Accommodations Contribute to Southeast Asia’s Tourism Recovery

Closing loopholes in the regulation of alternative accommodations would benefit the travelers, the state, and property owners.
A tourist tries on a traditional Vietnamese handwoven sarong skirt. One of the flagship programs is to promote and support tangible and intangible cultural heritage. Photo credit: ADB.
Article

ASEAN Charts a Sustainable Path for Tourism

Tourism ministers in Southeast Asia have endorsed a holistic and long-term strategic plan to guide the sustainable development of the tourism industry.
Economic and political disruptions have triggered a reconfiguration of global supply chains, which is driving more investors to ASEAN. Photo credit: iStock/Kamonchai Mattakulphon.
Article

Investors Favor Southeast Asia as Economic Landscape Changes

Foreign direct investment flows to the region hit a record $224 billion in 2022.
Sasa Port is Davao Region's main seaport for domestic and international cargo. Photo credit: iStock/yullz.
Article

Transforming Davao Region into a Southeast Asian Logistics Hub

The region is strategically located as a gateway to the People’s Republic of China, Japan, and ASEAN markets, including the BIMP-EAGA subregion.
Malaysia Airlines operated its first flight using fuel produced from renewable waste and residue raw materials on World Environment Day in 2022. Photo credit: Malaysia Airlines.
Article

ASEAN Tourism and Transport Ministers Support Sustainable Travel

Initiatives include shifting to sustainable aviation fuel and more environment-friendly transportation modes, such as electric vehicles.
Scaling up the production and supply of sustainable aviation fuel is critical to the decarbonization of the global air transport sector. Photo credit: iStock/aapsky.
Article

Southeast Asia Poised to Become a Key Supplier of Sustainable Aviation Fuel

Rich in feedstock, the region can become an important source of biofuel, which is currently in short supply.
Joint BIMP‑EAGA and IMT-GT Tourism Recovery Communications Plan and Toolkit 2022–2024
Publication

Joint BIMP‑EAGA and IMT-GT Tourism Recovery Communications Plan and Toolkit 2022–2024

This publication, which provides a tourism recovery communications plan and toolkit, was jointly prepared by BIMP-EAGA and IMT-GT.
Malaysia's National Energy Transition Roadmap is expected to open up investment opportunities of between 435 billion and 1.85 trillion ringgit ($92 billion and $392 billion) by 2050. Photo credit: ADB.
Article

Malaysia’s Energy Transition Plan Spells Business Opportunities in Sabah and Sarawak

The country's shift to net zero is seen to propel high-impact industries, including MSMEs, as well as attract investments and generate job opportunities.
The Maria Cristina Falls in Iligan is part of the Agus river basin system. Photo credit: iStock/maedmaetzker.
Article

Reducing Flood and Climate Risks in Mindanao River Basins

The project takes into account future climate change impacts and incorporates nature-based solutions.