Economy

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.
Economic zone programs have helped countries in Southeast Asia move from agriculture to export-oriented manufacturing. Photo credit: iStock/faidzzainal.

A Coopetition Strategy for Special Economic Zones in BIMP-EAGA

November 25, 2022

An Asian Development Bank study shows how the subregion can create a single market and production base through cooperation and competition.
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.
Dining out in Singapore. Photo credit: Asian Development Bank.

Southeast Asia’s Digital Economy to Hit $200B in 2022

November 11, 2022

Google-led study says e-commerce continues to accelerate, but travel and transport will take time to fully recover.
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.
Chinatown, West Jakarta, Indonesia. Photo credit: ADB.

Southeast Asia Economy Rebounds Despite Headwinds

September 23, 2022

Robust domestic demand in Indonesia and the Philippines contribute to an improved outlook for this year, according to the Asian Development Bank.
People wearing protective face masks in Indonesia as a precautionary measure against the spread of Covid-19.

BIMP-EAGA Needs a Playbook to Boost Resilience against Future Shocks

September 02, 2022

Member countries urged to look beyond the 2025 mid-term plan in realizing the subregion’s overall goals.
Vendors enjoy brisk sales at a wet market in the Philippines. Photo credit: ADB.

ADB Sees Brighter Outlook for Southeast Asia

July 22, 2022

Indonesia and the Philippines are expected to grow faster this year amid increased domestic demand as COVID-19 restrictions are relaxed and borders reopen.