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Profiles

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.

With the help of new technologies, entrepreneurs can create business opportunities even during a pandemic. Photo credit: iStock/dorian2013.
Article

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

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.
Regional cooperation and integration has played an important role in Asia by promoting peace and stability in the region, intra-regional trade, investment, and the provision of regional public goods. Photo credit: ADB.
Article

Regional Cooperation Programs Like ASEAN Helped Spur Asia’s Growth

Established in 1967 to strengthen security, ASEAN has transformed into an economic cooperation grouping. 
A growing number of organizations and businesses now uses AI and automation because of their transformative potential and capacity to introduce new opportunities. Photo credit: ADB.
Article

ASEAN AI Guidelines Seek to Encourage Responsible Use and Deployment

The guidelines will ensure decisions made by AI are aligned with national and corporate values, as well as broader ethical and social norms.
Kuamut and other rainforests on the island of Borneo are known collectively as the Heart of Borneo. They make up about a third of Asia’s largest island and serve as the “lungs of the earth,” drawing in carbon dioxide from the atmosphere and breathing out oxygen. Photo credit: iStock/Jason T. Mulvaney.
Article

Kuamut Rainforest—Malaysia’s First Certified Nature-Based Carbon Project

The annual emission reduction from the Kuamut Rainforest Conservation Project is estimated at more than 800,000 tonnes of carbon dioxide equivalent.
Renewable energy certificates can help accelerate the transition to clean energy and low carbon-growth by making renewable energy generation economically viable. Photo credit: Asian Development Bank.
Article

Setting Up a Renewable Energy Certificate Market in ASEAN: Challenges and Opportunities

Initial findings from a BIMP-EAGA study provide insights into creating a credible and sustainable regional REC system.
The rapid expansion of the aircraft fleet in Asia and the Pacific, particularly among budget carriers, is driving the growth in demand for maintenance services. Photo credit: iStock/gorodenkoff.
Article

Southeast Asia Ramps Up Capacity to Cash In on Booming Aircraft Services

Indonesia, Malaysia, and Thailand are vying to compete with Singapore, which is recognized as an international service center.
ASEAN is a major producer and exporter of palm oil, crude rubber, rice, sugar, seafood, and fruits. Photo credit: ADB.
News

ASEAN Vows Coordinated Action in Shift to Sustainable Agriculture

Leaders adopt action plan detailing strategies aimed at optimizing existing approaches and exploring innovative initiatives promoting sustainable agriculture.
Target households in Surigao del Norte receive Solar Cloudgrid units. Photos courtesy of Light of Hope PH. , Montajes (center) and his team developed the Solar Cloudgrid as a clean energy alternative for off-grid households.
Article

Portable Solar Kits Empower Off-Grid Communities in Surigao del Norte

A project supported by the BIMP-EAGA–Republic of Korea Cooperation Fund is giving low-income families in disaster-prone areas access to clean, affordable energy.
To sustain tourism’s recovery, ASEAN member states are implementing more robust policies and initiatives, including relaxing visa application processes for international travelers and diversification of tourism offerings. Photo credit: iStock/Vatanika Chanachai.
Article

ASEAN Seeks Shift to Sustainable and Inclusive Tourism as Sector Continues Recovery

Member countries vow enhanced collaboration to boost sector noting its importance to the region’s economy.