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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.

In Thailand, women accounted for 60% of all job losses, including 90% in manufacturing. Photo credit: ADB.
News
20 January 2022

Job Losses in Southeast Asia Peak during Strictest COVID-19 Curbs

Young people aged 15 to 24 accounted for as much as 45% of job losses at the height of the pandemic in 2020. Women were also among the most affected.
An UNCTAD study estimates that the Regional Comprehensive Economic Partnership will increase intraregional exports by $42 billion. Photo credit: ADB.
News
4 January 2022

Regional Comprehensive Economic Partnership Takes Effect on 1 January

Uneven benefits from tariff concessions seen for member states but still advantageous overall.
The education ministry has prepared a medium-term investment plan for higher education that promotes entrepreneurship at top universities. Photo credit: ADB.
Article
20 December 2021

How Indonesia Is Creating a New Generation of Entrepreneurs

Young entrepreneurs are powering up Southeast Asia’s largest economy as it moves toward a post-pandemic recovery.
The Philippines has committed to reduce and avoid 75% of greenhouse gas emissions by 2030. Photo credit: ADB.
News
3 December 2021

Philippines to Pilot Energy Transition Mechanism in Mindanao

The Agus-Pulangi hydropower plants will be rehabilitated and expanded to enable the early retirement of coal-fired power plants.
More consumers and businesses have adopted digital payment systems, such as e-wallets, which enable contactless transactions during the pandemic. Photo credit: ADB.
News
19 November 2021

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.
Renewable energy projects, such as wind farms, can help countries recover from the pandemic by creating jobs and opportunities as well as support their climate goals. Photo credit: ADB.
News
4 November 2021

More than $600M Pledged for Green Infrastructure in Southeast Asia at COP26

The new funding will go to the ASEAN Green Recovery Platform, which backs low-carbon and climate-resilient infrastructure projects.
The Philippines carried out an ambitious program of delivering cash assistance to 18 million vulnerable households during the pandemic. Photo credit: ADB.
Article
11 October 2021

How COVID-19 Cash Grants Reached the Poor in the Philippines

A case study examines how an ambitious program of delivering cash assistance to 18 million households was carried out.
Countries in Southeast Asia are stepping up the rollout of 5G infrastructure to support the growth of the digital economy. Photo credit: iStock/Kinwun.
News
13 September 2021

ASEAN’s Share in Global FDI Growing Despite COVID-19

Foreign investments in the digital economy, including Industry 4.0 technologies, and infrastructure remain strong.
A startup should be nimble and be able to pivot when needed. Photo credit: iStock/ismagilov.
Article
20 August 2021

3 Essential Tips on Starting a Business during a Pandemic

Solve pain points, pivot, and prepare to fail, advised up-and-coming entrepreneurs.
Before the COVID-19 outbreak, the travel and tourism industry in Southeast Asia enjoyed brisk business.
Article
4 August 2021

5 Key Initiatives to Safely Reopen Borders in ASEAN

High on the agenda are the drafting of a travel corridor arrangement framework, digital tools for seamless travel, and common guidelines on hygiene and safety.