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Economy

Sapangar Bay Container Port in Sabah. Photo credit: iStock/yusnizam.

Riding the Rising Tide: BIMP-EAGA Readies for Growth Surge Despite Headwinds

June 13, 2025

Over the last 30 years, BIMP-EAGA has shown its ability to endure and adapt. It has sailed through the ebb and flow of economic changes and policy shifts.
The 16th BIMP-EAGA Summit was held on 27 May 2025 in Kuala Lumpur. Photo courtesy of Malaysia's Ministry of Foreign Affairs.

BIMP-EAGA Makes Strategic Pivot to Accelerate Growth

May 28, 2025

As it enters a new decade of cooperation, BIMP-EAGA looks back on its achievements and prepares to take on new challenges and opportunities.
Tourists at an airport.

BIMP-EAGA: Enhanced Connectivity, Stronger Economies

May 13, 2025

Increased connectivity has made it easier to travel within and outside the subregion, improved the flow of goods, and created a conducive business climate. 
CMGLF representatives during their meeting in Malaysia in October.

Translating BIMP-EAGA Initiatives into Local Action

November 11, 2024

Active support and participation of districts, states, and provinces covered by BIMP-EAGA has spurred growth in the subregion.
Technicians and workers assemble electronic products in one of the factories inside the Savan Park Special Economic Zone in Savannakhet. Photo credit: ADB.

ASEAN’s Share in Global FDI Expands to 17% at $230 billion in 2023

October 23, 2024

Southeast Asia remains the top destination for foreign direct investments among developing regions.
Keppel Container Terminal in Singapore. Photo credit: ADB.

Southeast Asia Seen to Grow Faster than the PRC in Next 10 Years

August 26, 2024

Viet Nam and the Philippines will drive the region's growth with each expected to exceed 6%, while Indonesia comes close at 5.7%
A worker walks across a field of floating solar panels in a solar farm in Sarawak.

Sarawak Energy Set to Commission Largest Floating Solar Farm in Malaysia

June 28, 2024

The state-owned company eyes second phase with 160 megawatts capacity.
A bird's eye view rendering of Nusantara.

Nusantara to Ensure SDGs Integrated into All Aspects of Development

March 14, 2024

Body overseeing the new capital's development has launched a report that would serve as a baseline in tracking the city’s SDG commitments.