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Trade and Investment

BIMP-EAGA Ministers during the 26th Ministerial Meeting in Brunei.

Expedite Implementation of Key Infrastructure Projects, BIMP-EAGA Ministers Urge

November 07, 2023

Integrating the projects into national policy, budget, and programs seen to enhance connectivity and drive economic growth and social inclusion across the subregion. 

A bird's eye view of Brunei.

BIMP-EAGA Ministers Discuss Next Steps for Subregion’s Economic Advancement

October 23, 2023

Ministers to discuss the implementation of key infrastructure projects, tourism recovery, an initiative to strengthen border health security, and other developments.
Ship in dry dock . Photo credit: iStock/nightman1965

Brunei Vies to Become a Regional Center for Vessel Maintenance and Decommissioning

October 17, 2023

The country is building its first integrated marine vessel maintenance and decommissioning yard at Pulau Muara Besar through a public–private partnership.
Cargo Vessels Docked at the Sasa Port in Davao City. Photo credit: iStock/yullz

Transforming Davao Region into a Southeast Asian Logistics Hub

October 12, 2023

The region is strategically located as a gateway to the People’s Republic of China, Japan, and ASEAN markets, including the BIMP-EAGA subregion.
A street sign with an arrow pointing upward is seen in the foreground with electric lines and posts seen in the background.

Malaysia’s Energy Transition Plan Spells Business Opportunities in Sabah and Sarawak

October 11, 2023

The country's shift to net zero is seen to propel high-impact industries, including MSMEs, as well as attract investments and generate job opportunities.
A passenger on a motorcycle rider fixes her helmet.

Indonesia Needs to Strengthen Startup Ecosystem to Ensure More Companies Survive the ‘Valley of Death’

October 04, 2023

Improving quality of incubators and accelerators, financial access for early-stage startups, and talent development are needed to bolster startups, says ADB report.
Rig workers being transported by chopper to an offshore rig in Malaysia. Photo credit: iStock/claffra.

Indonesia, Malaysia Seek to Become Regional Carbon Storage Hubs

October 02, 2023

Sharing storage infrastructure is expected to make CCUS projects economically and technically feasible in the region.
	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.
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.
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.