Skip to main content

Articles

Trekkers exploring Mt. Kinabalu in Sabah.

Sabah Tops 2023 Tourism Target, Sets More Ambitious Goal This Year

February 01, 2024

To meet this year's target of 2.8 million arrivals, the state aims to develop quality tourism products and services.
A rendering of Nusantara.

8 Things to Know about Nusantara’s Net-Zero Strategy

January 26, 2024

The capital is the first city in Indonesia to have a roadmap to achieve net zero by 2045.
Community members helping to bring in a fishing haul from the shore.

Ocean-Based Climate Action Can Bring Indonesia Closer to Net Zero

January 18, 2024

Kalimantan, Sulawesi, Maluku, and Papua have untapped ocean resources that could help the country meet and raise its climate ambition.
An agricultural worker surveys seedlings inside a greenhouse in the Philippines. Photo credit: Asian Development Bank.

Korean-Backed BIMP-EAGA Fund Opens Fourth Grant Cycle

January 11, 2024

Maximum grant award is increased to $500,000.
Warehouse distribution and logistics hub. Photo credit: iStock/Kamonchai Mattakulphon.

Investors Favor Southeast Asia as Economic Landscape Changes

January 10, 2024

Foreign direct investment flows to the region hit a record $224 billion in 2022.
Green hydrogen. Photo credit: iStock/Petmal.

Sarawak to Export Green Hydrogen by 2030

December 21, 2023

In partnership with Japanese companies, Sarawak's SEDC Energy will develop a clean hydrogen supply chain with production facilities in the coastal town of Bintulu.
 Aerial drone photo of Kuala Lumpur. Photo credit: iStock/Alexpunker.

The Rise of Islamic Finance Hubs: Opportunities for BIMP-EAGA

December 20, 2023

The subregion is well positioned to cater to the growing global appetite for Shari’ah-compliant financing.
Port of Hai Phong in Viet Nam. Photo credit: ADB.

Southeast Asia’s Growth Slows on Weak External Demand

December 19, 2023

Low demand for manufacturing exports affected particularly the more open, bigger, and trade-oriented economies.
A view of the Bakun dam

Sarawak Energy to Issue Renewable Energy Certificates to be Traded on Malaysia’s Carbon Exchange

December 14, 2023

The move will help ensure there is a credible mechanism for tracking renewable energy consumption and in supporting the shift to a low-carbon economy.
    From left to right:  ADB Director General for Southeast Asia Winfried Wicklein, Nusantara Capital Authority Chairman Bambang Susantono, Nusantara Capital Authority Deputy of Environment and Natural Resources Myrna Safitri, and ADB Director General for Climate Change and Sustainable Development Bruno Carrasco.

Nusantara Net-Zero Strategy Launched at COP28 in Dubai

December 11, 2023

The move entails massive reforestation, eschewing fossil fuel, shifting to the circular economy, and opting for climate-friendly agriculture practices.