Articles | BIMP-EAGA

Students and instructors at the Batam State Polytechnic's teaching factory work to mass-produce PCB's and microchips. The acquisition of this expensive production equipment was made possible through funding from the Asian Development Bank. Photo credit: ADB.

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

September 26, 2023

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.

Offering nonstop services between secondary destinations, such as Cebu−Kota Kinabalu and Makassar−Kota Kinabalu, could boost intra-Southeast Asian passenger traffic and tourism. Photo credit: ADB.

Air Travel in Southeast Asia Is On the Rise But May Face Turbulence Ahead

September 22, 2023

An ADB study sees airlines recovering 90% of their capacity by the end of 2023, but the path to full recovery will be challenging.

GDP Growth Rate for Southeast Asia. Image credit: ADB.

ADB Trims Growth Forecast for Southeast Asia as Global Demand Weakens

September 22, 2023

The Asian Development Bank revised growth outlook to 4.6% this year from an earlier projection of 4.7% and to 4.8% in 2024 from 5.0%.

Reducing Flood and Climate Risks in Mindanao River Basins

September 20, 2023

The project takes into account future climate change impacts and incorporates nature-based solutions.

Makati skyline. Photo credit: Asian Development Bank.

BIMP-EAGA Countries Eye Electricity Trade

September 18, 2023

The Brunei Darussalam, Indonesia, Malaysia, the Philippines Power Integration Project will scale up cross-border power trade in ASEAN.

Tourists exploring Mount Kinabalu in Sabah.

Sabah, Sarawak Tourist Arrivals Closer to Pre-COVID-19 Levels

September 14, 2023

Aggressive marketing campaigns, presence in international travel fairs, resumption of flights helping to lure back tourists.

An electric bus is parked at a charging area with renewable energy sources at the background.

Renewable Energy Manufacturing in Southeast Asia Can Earn up to $100 Billion by 2030

September 13, 2023

The strategic shift to electric vehicles and clean power will not only cut emissions but also create economic opportunities.

A farmer walks through a rice paddy in the Philippines.

Brunei, Philippines Explore Trade in Rice, Halal Goods

September 06, 2023

Ranking officials from the two countries discussed about exploring agricultural trade prospects during a meeting on 26 July.

The Nam Theun 2 hydropower plant in Lao PDR exports electricity to Thailand. Photo credit: Asian Development Bank.

Energy Ministers Push for Expansion of ASEAN Power Grid and Trans-ASEAN Gas Pipeline

September 05, 2023

The planned Brunei Darussalam–Indonesia–Malaysia–Philippines Power Integration may be the next multilateral power trading project.

A factory worker inspects a tire on the assembly line.

Ministers Welcome Progress in Implementing RCEP

August 31, 2023

A support unit that will be tasked to coordinate the trade pact’s implementation is expected to start operations in 2024.