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Trade and Investment Facilitation

Measures being discussed include the One Borneo Quarantine Initiative, joint border surveillance and inspection, as well as pandemic mitigation, preparedness, and response protocols.

Here’s How BIMP-EAGA Is Boosting Health Security at the Border

February 10, 2021

Joint efforts to fortify health security include the One Borneo Quarantine Initiative, a proposed pandemic plan, and other improvements in CIQS.
 BIMP-EAGA businessmen are eager to revive connectivity between Manado and Davao to spur trade and investment in the two cities. Photo credit: Asian Development Bank.

Businessmen Call for Resumption of Air and Sea Links between Manado and Davao

January 08, 2021

Jakarta-based Sriwijaya Air and Manila-based shipping operator Reefer Express Line Filipinas, Inc. eyed to serve the BIMP-EAGA route.
News Brief

Thai Shipping Line Links Southern Philippine Traders to Asia, Middle East Markets

January 08, 2021

Regional Container Line (RCL) connects the Visayas and Mindanao regions of the Philippines to its transshipment hub in Singapore, improving access to other Southeast Asian markets and beyond.
News Brief

Online Customs Transit System Enables Seamless Trade in ASEAN

December 15, 2020

The ASEAN Customs Transit System will help fast-track medical supplies that are vital in the fight against COVID-19.
The MOU covers the ASEAN List of Essential Goods, which covers mostly medicines and medical supplies and also includes soaps, disinfectants, and face masks. Photo credit: Asian Development Bank.

ASEAN Removes Trade Barriers on Medicines and Other Essential Goods

November 23, 2020

Ten countries in Southeast Asia are removing restrictions on intraregional trade of medicines and other goods needed to fight COVID-19.
The Regional Comprehensive Economic Partnership (RCEP) Agreement is expected to improve market access, build regional supply chains, increase investments and opportunities, and boost economic recovery efforts during the COVID-19 crisis. Photo credit: Asian Development Bank.

5 Things You Need to Know about ASEAN’s Biggest Trade Agreement

November 19, 2020

The Regional Comprehensive Economic Partnership (RCEP) groups the 10 ASEAN member states and its 5 regional partners: Australia, the People’s Republic of China, Japan, Republic of Korea, and New Zealand.
Products displayed at a BIMP-EAGA trade fair include halal-certified sardines from the Philippines.

Tapping into the Halal Market

September 29, 2020

Ecozone developers revive efforts to make Mindanao a major halal food producer.
Container vans waiting to be shipped

Regional Cooperation Programs Like ASEAN Helped Spur Asia’s Growth

September 29, 2020

Regional cooperation is credited for contributing to Asia’s success story, helping countries work together in times of prosperity and crises.
The ASEAN-wide Self-Certification Scheme is expected to benefit particularly the small manufacturers and traders that have had difficulty getting the proper documents to avail of preferential tariff under the trade agreement. Photo credit: iStock/Bastian Saputra.

ASEAN Simplifies Trade Procedures for Exporters

September 22, 2020

Self-certification scheme improves ease of doing business while lowering costs.
Stock photo of construction project

Restarting Investment Promotion in the New Normal

August 18, 2020

After providing crisis support, investment promotion agencies now need to build back investor confidence.