COVID-19

Tourists use the bicycle rental service at Chay Lap Farmstay in Phuc Trach commune, Bo Trach District, Quang Binh Province. The community-based tourism area was first supported in 2001 by the GMS Sustainable Tourism Development Project funded by ADB.  Photo credit: Asian Development Bank.

Positive But Cautious Outlook for Tourism Sector in 2023

January 31, 2023

UNWTO sees visitor arrivals nearing pre-pandemic levels in some regions but notes slow recovery in Asia–Pacific.
Barangay Katipunan, Pilar, Surigao Del Norte. Photo credit: Asian Development Bank.

Eight Projects Selected for Korean Funding

January 13, 2023

The BIMP-EAGA–Republic of Korea Cooperation Fund will provide grants to projects of up to $300,000 each.
Malaysia Airport Berhad welcomes the return of regular Kota Kinabalu-Narita flights with a water salute. Photo courtesy of Sabah Tourism Board.

Malaysia Posts Strong Air Travel Recovery

December 23, 2022

Passenger traffic in first 10 months surpasses total for 2020 and 2021 combined.
Ministers of Brunei Darussalam, Indonesia, Malaysia and Philippines at 25th BIMP-EAGA Ministerial Meeting. Photo courtesy of COORDINATING MINISTRY FOR ECONOMIC AFFAIRS  REPUBLIC OF INDONESIA.

BIMP-EAGA Charts Path to a Resilient Recovery

December 05, 2022

Subregional economy rebounds, and planned investments in priority projects increase to more than $30 billion.
The local government of Palawan promotes sustainable tourism and ensures popular sites, such as the Puerto Princesa Underground River, are not overcrowded with tourists. Photo: iStock/aldarinho.

BIMP-EAGA, IMT-GT Launch Joint Tourism Communications Plan

November 26, 2022

The 2‑year communications plan seeks to build traveler awareness that destinations in the subregions are open, safe, and easy to visit.
Students in a training center in Indonesia work on a car equipment.

BIMP-EAGA Ministers to Tackle Competitiveness and Climate Resilience in Meeting This Week

November 24, 2022

The 25th BIMP-EAGA Ministerial Meeting and related meetings will be held on 23-26 November in Pontianak, West Kalimantan in Indonesia.
Basket vendor in Indonesia. Photo credit: Asian Development Bank.

Strengthening Communities and MSMEs for a Resilient Tourism Recovery

October 13, 2022

G20 provides guidelines for putting local communities and small enterprises at the center of a sustainable and inclusive tourism recovery.
People queueing for their babies' vaccine shots in the Philippines.

Widening Access to Health Systems with Fintech

October 13, 2022

Using fintech can help ease the financial and health burden of individuals and help improve health systems and outcomes, says a new ADB report.
Electric bus in Jakarta, Indonesia. Photo credit: iStock/Samsul.

Electric Vehicles, Electronics, and the Digital Economy Drive FDI Flows to ASEAN

October 12, 2022

Growing investor interest in these key industries helps boost foreign direct investments to near pre-pandemic levels in 2021.