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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. , ADB Principal Tourism Industry Specialist Steven Schipani (seated, fourth from left), IQS School of Management's Director of Tourism and Hotel Management Department Gilda Hernández Maskivker (fifth from left), and ADB Consultant and Institutional and Capacity Development Specialist Pamela C. Asis-Layugan (standing, far right) with the mid-level and senior tourism officials who participated in the learning program. Photo credit: ADB.
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.