Economy

Increased connectivity has made it easier to travel within and outside the subregion, improved the flow of goods, and created a conducive business climate. 

Active support and participation of districts, states, and provinces covered by BIMP-EAGA has spurred growth in the subregion.

Southeast Asia remains the top destination for foreign direct investments among developing regions.

Viet Nam and the Philippines will drive the region's growth with each expected to exceed 6%, while Indonesia comes close at 5.7%

The state-owned company eyes second phase with 160 megawatts capacity.

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

The loan will support the construction and operation of 800 shared telecommunication towers to help expand digital connectivity for underserved communities.

With parametric insurance, payouts can be made immediately after a typhoon, making it an effective tool to fund the rapid emergency restoration of coral reefs post damage.

The capital is the first city in Indonesia to have a roadmap to achieve net zero by 2045.