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Economics

A factory worker inspects a tire on the assembly line.

Ministers Welcome Progress in Implementing RCEP

August 31, 2023

A support unit that will be tasked to coordinate the trade pact’s implementation is expected to start operations in 2024.
Pedestrians toting their groceries crossing a street in Indonesia.

Consumer Spending Drives Southeast Asia's Economic Recovery  

August 03, 2023

ADB revises growth forecast slightly as global demand slows.
A view of the Davao airport.

Mindanao: Land of Peace, Plenty, and Beauty Is Ready for Investments

June 09, 2023

The Philippines’ southern frontier makes an aggressive investment pitch to accelerate its growth momentum. 
BIMP-EAGA family photo

BIMP-EAGA Leaders Look for New Growth Pathways beyond 2025

May 14, 2023

The leaders touted BIMP-EAGA’s achievements and resilience after almost 3 decades of cooperation.
Komodo National Park in Indonesia. Photo credit: iStock/Subodh Agnihotri.

BIMP-EAGA Leaders Meet in Labuan Bajo Today for 15th Summit

May 11, 2023

The Summit will discuss developments in the subregion and its progress toward the BIMP-EAGA Vision 2025 goals
A man works at a factory in Cambodia.

Across the Globe, CEOs Now Focus on Building Resilience and Sustainability to Meet SDGs

April 14, 2023

Largest CEO survey shows their companies are deploying innovations and partnerships to deliver results.
Tourists sit at Merisik Hill during sunset in Lombok island, Indonesia. Photo credit: Asian Development Bank.

ADB Sees Brighter Prospects for Developing Asia amid Challenges

April 11, 2023

Continued easing of pandemic restrictions boosts consumption, tourism, and investment.
Workers assemble electronic products in a special economic zone in Southeast Asia. Photo credit: Asian Development Bank.

To Stay Competitive, Southeast Asia Must Decarbonize Global Value Chains

March 31, 2023

A new ADB report finds the benefits far outweigh the cost of going green.
A materials recovery facility in Manila. Photo credit: Asian Development Bank.

Why ASEAN Is Shifting to a Circular Economy

March 28, 2023

Adopting sustainable consumption and production practices will have multiple economic and social benefits, such as creating green jobs and reducing pollution.