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Economy

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.
Women making cassava chips in Indonesia.

Big Opportunities for BIMP-EAGA in $3-Trillion Global Muslim Market

July 21, 2022

The 2025 growth forecast sees uptrend in halal finance, food, fashion, travel, and cosmetics, as well as pharmaceuticals, media, and recreations.
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.