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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.

To avoid the impact of global headwinds on the environment, society, and business operations, CEOs are leveraging innovations and partnerships to deliver results. Photo credit: ADB.
News

Across the Globe, CEOs Now Focus on Building Resilience and Sustainability to Meet SDGs

Companies globally are deploying innovations and partnerships to deliver results, according to largest CEO survey.
Muslim travelers often look for destinations that offer halal foods and prayer facilities. Photo credit: ADB.
News

Indonesia and Malaysia Share Top Spot in Global Muslim Travel Index 2023

Muslim international arrivals hit 110 million in 2022 and are forecast to reach 140 million this year.
A rendering of Nusantara. Courtesy of the Nusantara National Capital Authority.
Article

Indonesia Wants New Capital to Be a Model City

As a model city, the new capital is seen to help in the transition to net zero, achieve climate resilience, and ensure economic prosperity for all.
Electric tricycles and motorcycles comprise the majority of EVs currently on the road in the Philippines. Photo credit: ADB.
Article

Jumpstarting the EV Market in the Philippines

Zero tariff on electric vehicles and other incentives are expected to encourage more Filipinos to opt for cleaner, greener vehicles.
A farm stay resort in Southeast Asia provides bicycles for rent to tourists. Photo credit: ADB
News

Positive But Cautious Outlook for Tourism Sector in 2023

UNWTO sees visitor arrivals nearing pre-pandemic levels in some regions but notes slow recovery in Asia–Pacific.
More consumers and businesses have adopted digital payment systems, such as e-wallets, which enable contactless transactions during the pandemic. Photo credit: ADB.
News

Google-Led Study Sees a $1-Trillion Digital Economy in Southeast Asia by 2030

Research by Google, Temasek, and Bain shows the digital economy in Southeast Asia could grow beyond the pandemic to $1 trillion by 2030. The largest economy, Indonesia, could become twice the size of the regional market today.
Consumers are going back to their pre-pandemic habits. The report says a deep understanding of consumers’ usage behavior is key to identifying growth areas. Photo credit: ADB.
News

Southeast Asia’s Digital Economy to Hit $200B in 2022

Google-led study says e-commerce continues to accelerate, but travel and transport will take time to fully recover.
Planting mangroves and restoring wetlands are among the nature-based solutions being piloted in Mindanao. Photo credit: ADB.
Article

How Nature-Friendly Solutions Can Help Curb Floods in Mindanao

An ecosystem-based approach provides a low-cost way of avoiding more than $60 million in damages annually due to floods, says an ADB study.
Priority projects include renewable energy and sustainable tourism development. Photo credit: ADB.
News

BKCF Grants Fund Now Open for Third Round of Project Proposals

Priority projects include renewable energy, green enterprises, sustainable tourism, low-carbon transport, and high-quality agro-fisheries production.
Several ASEAN countries are shifting to electric vehicles (EVs) to achieve net zero emissions. They also aspire to become an EV manufacturing hub. Photo credit: iStock/Samsul
News

Electric Vehicles, Electronics, and the Digital Economy Drive FDI Flows to ASEAN

Growing investor interest in these key industries helps boost foreign direct investments to near pre-pandemic levels in 2021.