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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.

ADB serves as BIMP-EAGA Regional Development Advisor.

Climate Bonds Initiative considers the Philippines as a leader in green finance in Southeast Asia because of a growing portfolio of green bonds and infrastructure. Photo credit: ADB.
Article
12 January 2021

The Philippines Grows Its Green Finance Market

A report examines initiatives to promote green finance and recommends measures to attract more investments in green infrastructure.
The MOU covers the ASEAN List of Essential Goods, which covers mostly medicines and medical supplies and also includes soaps, disinfectants, and face masks. Photo credit: ADB.
News
28 December 2020

ASEAN Removes Trade Barriers on Medicines and Other Essential Goods

Ten countries in Southeast Asia are removing restrictions on intraregional trade of medicines and other goods needed to fight COVID-19.
The Philippines' cacao output remains far below the target of 100,000 metric tons by 2022. Photo credit: iStock/Narong KHUEANKAEW.
Article
11 December 2020

Finding Gold in Cacao

The development of agricultural value chains can help turn cacao into a cash crop for farmers in the southern Philippines.
Lack of clean water will make it difficult for people to wash their hands frequently to prevent COVID-19 infection. Photo credit: iStock/Dzaqi Akbar.
Article
1 December 2020

Preparing for Drought during a Pandemic

A UNESCAP–ASEAN report urges policy makers to include climate action and adaption in COVID-19 stimulus packages.
On average, MSMEs account for 97% of all enterprises and 69% of the total workforce in Southeast Asia. Photo credit: ADB.
News
26 November 2020

7 Ways to Bolster Southeast Asia’s ‘Fragile’ MSMEs

Prioritizing the most vulnerable and a tailored approach are just among the measures needed to steer MSMEs through the COVID-19 crisis.
Through e-commerce, some stores have remained in business and have found ways to provide customers with a safe and convenient way to shop during the pandemic. Photo credit: iStock/SARINYAPINNGAM.
Article
15 October 2020

Advice for SMEs: Look for Opportunities from the Pandemic

SMEs should look beyond the dangers presented by COVID-19.
With the push for digital economy becoming more urgent, some initiatives now allow farmers to connect directly with consumers. Photo credit: iStock/Pramote2015.
Article
15 October 2020

How COVID-19 Is Spurring Digital Transformation

The pandemic has accelerated the push towards digital as the world scrambles to cope with the crisis.
SMEs are the backbone of ASEAN economies and employ more than 50% of workers in member countries. Photo credit: ADB.
Article
15 October 2020

Helping SMEs Bounce Back from COVID-19

Apart from financial assistance, SMEs also need support navigating a business environment changed by the pandemic.
With the help of new technologies, entrepreneurs can create business opportunities even during a pandemic. Photo credit: iStock/dorian2013.
Article
15 October 2020

Tech Startups Show the Way Out of the Crisis

Digital gives startups a chance to thrive amid the pandemic.
To survive COVID-19, businesses should review their business plans weekly. Photo credit: iStock/pondsaksit.
Article
8 October 2020

5 Practical Ways to Give SMEs a Fighting Chance against COVID-19

To stay afloat, SMEs should look at alternative sources of credit, review business plans, and jump online.