Mobile apps, such as Grab—a ride-hailing service that expanded to food delivery and package delivery, have thrived in Southeast Asia's booming digital economy. Photo credit: ADB.

Taxing the Digital Economy

September 14, 2021

Global and regional initiatives to strengthen tax cooperation will be key to overcoming the challenges posed by increased digitalization and globalization.
Telecommunication tower with 5G cellular network antenna. Photo credit: iStock/Kinwun.

ASEAN’s Share in Global FDI Growing Despite COVID-19

September 09, 2021

Foreign investments in the digital economy, including Industry 4.0 technologies, and infrastructure remain strong.
Baby getting vaccine

COVID-19 Makes It Harder for Asia to Attain Sustainable Goals

September 03, 2021

An estimated 75 million to 80 million people in the region fall into extreme poverty.
The 2,400-megawatt Bakun hydroelectric plant in Sarawak is the largest in Malaysia. BIMP-EAGA is rich in energy resources, both conventional and renewable. Photo credit: iStock/Hashim Mahrin.

Electrifying BIMP-EAGA Through Energy Cooperation and Connectivity

September 01, 2021

At a virtual forum, top officials from BIMP-EAGA countries talked about energy cooperation, including the supply of clean and affordable electricity across borders.
MV Cool Spirit

Mindanao-Based Freight Shipping Line to Start US Service

August 27, 2021

Reefer Express Line Filipinas, Inc. says the direct service will serve manufacturers struggling to find ways to ship their goods during the pandemic.
Launching of the solar-powered irrigation systems in Taraka, Lanao del Sur in the Philippines. Photo credit: Mindanao Development Authority.

Lanao del Sur to Pilot Export-Quality Mindanao Halal Rice Production

August 27, 2021

A program that promotes technology sharing between Christian and Muslim farmers will produce halal rice in Mindanao.
A shuttle carrying a satellite is poised for takeoff

Low Earth Orbit Satellites Could Usher in BIMP-EAGA’s Space Economy

August 18, 2021

A Malaysian startup wants to be the first to launch a LEO satellite to provide fast and affordable internet access in Borneo.
expanding the tax base, maximizing tax compliance, and simplifying the compliance process will significantly boost governments’ revenue and better position them to finance pandemic recovery.

Tax Reforms Can Help Finance Southeast Asia’s Pandemic Recovery

August 16, 2021

An Asian Development Bank report recommends policies for strengthening domestic resource mobilization to support a resilient recovery.
BIMP-EAGA organizes trade fairs to showcase products from the subregion.

Tax Agreement to Strengthen Economic Ties between Brunei and Philippines

August 06, 2021

The two countries have signed an agreement for the avoidance of double taxation and the prevention of income tax evasion.
Students in a classroom

Give Entrepreneurship a Chance, Young People in Mindanao Urged

August 03, 2021

Digital businesses a good option since youth are well-versed in technology.