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Economics

Batam State Polytechnic in Indonesia. Photo credit: Asian Development Bank.

How Big Data Can Open $100 Billion in Opportunities in Southeast Asia

May 25, 2022

Big data applications can enhance the delivery of education, health, and social welfare services and speed up recovery from the pandemic.
People lining up for tickets for an amusement park ride.

Putting Mindanao on the Path to a Resilient Recovery

May 17, 2022

A UNDP–MinDA study assesses COVID-19 impact and identifies actions to reach peace and development goals.
Upgrading the garment sector—a significant employer of women—is critical. Photo credit: ADB.

Targeted Support for Growth Sectors Can Boost Post-Pandemic Recovery

May 16, 2022

Studies show continuing pandemic policy support and tapping new drivers of growth will be critical in sustaining a resilient recovery.
A view of a commercial area in Bandung, Indonesia.

Improving Local Government Tax Administration Can Boost Collection

May 05, 2022

An ADB-supported project in Indonesia modernized local taxation, which raised collection by 37%.
Women lining up for food relief in Sulu, Mindanao.

Asia–Pacific Needs to ‘Build Forward Fairer’ as It Faces Inequality Pandemic

April 22, 2022

A United Nations report prescribes more investments in health care, education, and social protection and mobilizing central banks to support inclusive growth.
Nurul Hidayah and Fatma Mulyana, Vena Energy Solar Farm staff, are doing operations and maintenance work at Selong in Lombok island Indonesia, Tuesday, May 25, 2021. Photo credit: ADB.

Banking on Green Finance to Support a Low-Carbon Recovery in Indonesia

April 19, 2022

The green sector offers a huge investment opportunity in Southeast Asia’s largest economy, with energy and transportation alone requiring some $245 billion in climate funding.
A bank in Cambodia. Photo credit: Asian Development Bank.

ASEAN Strengthens Financial Cooperation amid Market Uncertainty

April 13, 2022

At the 8th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting, top officials reviewed and exchanged views on risks, challenges, and opportunities in the region.