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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.

Sasa Port is Davao Region's main seaport for domestic and international cargo. Photo credit: iStock/yullz.
Article
25 January 2024

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
23 January 2024

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.
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
17 January 2024

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
8 January 2024

Reducing Flood and Climate Risks in Mindanao River Basins

The project takes into account future climate change impacts and incorporates nature-based solutions.
Economic growth in Southeast Asia continues to be constrained by weakened global demand. Photo credit: ADB.
News
3 January 2024

Southeast Asia’s Growth Slows on Weak External Demand

Low demand for manufacturing exports affected particularly the more open, bigger, and trade-oriented economies.
Developing the blue economy in Southeast Asia is expected to boost the growth of fisheries, aquaculture, and tourism, and promote investments in emerging sectors, such as renewable energy, biotechnology, and marine and freshwater-based research and education. Photo credit: ADB.
Article
2 January 2024

Southeast Asia Is Building Back Bluer

Southeast Asian countries lay the groundwork for the sustainable use of ocean and coastal resources in the region.
The average size of farms in the Philippines shrank to 0.9 hectare per family as of 2012 from almost 3 hectares in the 1980s. Photo credit: ADB
Article
22 December 2023

Why the Philippines Is Promoting Agriculture Clustering to Boost Farmers’ Income

With farmers and fishers organized as a cluster, like a cooperative, they are expected to have greater access to financing, resources, technologies, and markets.
A chopper transports workers to an offshore rig in Malaysia. Photo credit: iStock/claffra.
Article
20 December 2023

Indonesia, Malaysia Seek to Become Regional Carbon Storage Hubs

Sharing storage infrastructure is expected to make CCUS projects economically and technically feasible in the region.
Indonesia improved the entrepreneurial ecosystem and increased the capacity of enterprises to become more export- and technology-oriented, particularly those owned by women. Photo credit: ADB.
Article
24 November 2023

Structural Reforms Set the Stage for Green and Inclusive Growth in Indonesia

An ADB-backed program is helping the country improve its investment climate to attain high-income status by 2045 and transition to a low-carbon economy.
Thanks to Gojek and other tech startups, Indonesians can now order food, hail a taxi, move money, arrange travel, watch entertainment, shop for most things, and even consult a doctor or take courses using digital methods. Photo credit: ADB.
Article
21 November 2023

Indonesia Needs to Strengthen Startup Ecosystem to Ensure More Companies Survive the ‘Valley of Death’

Improving quality of incubators and accelerators, financial access for early-stage startups, and talent development are needed to bolster startups, says ADB report.