Financing Transport Connectivity in the BIMSTEC Region looks at how to finance an overhaul of transport infrastructure in the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) subregion. The report identifies institutional gaps in the BiMSTEC regional institutions compared with regional institutions in the European Commission, Association of Southeast Asian Nations, and the South Asia Subregional Economic Cooperation (SASEC) partnership.

Author: Asian Development Bank

Year: 2023

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Tags: ADB, South Asia, Transport, Regional Cooperation

This publication gives statistics on economic, financial, social, and environmental measures, as well as select indicators for the Sustainable Development Goals (SDGs). Statistics for Asian Development Bank's member countries include figures for energy, transport and communications, and international trade and logistics.

Author: Asian Development Bank

Year: 2023

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Tags: ADB, South Asia, Sustainable Development Goals

The economy of Maldives, being reliant on tourism, went into recession due to border closures and travel restrictions during the coronavirus (COVID-19) pandemic. The pandemic called attention to the need for Maldives to diversify its economy to reduce short-term macroeconomic volatility. In addition, Maldives stands to benefit from setting up regional maritime connectivity for strengthening food trade with other South Asian countries.

Author: Abdulla Ali, Elisabetta Gentile, Macrina Mallari, Thiam Hee Ng

Year: 2023

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Tags: ADB, Tourism, COVID-19, Maldives

This publication discusses new directions for expanding regional cooperation and integration in Asia and the Pacific, as laid out in the Regional Cooperation and Integration Conference held in 2022 in Bangkok, Thailand. One panel discussion tackled how regional platforms such as the South Asia Subregional Economic Cooperation (SASEC) could support cross-border environmental protection of shared natural resources. In another panel, Mr. Nilaya Mitash, principal operations coordination specialist on regional cooperation for the Asian Development Bank, discussed cross-border logistics and the Electronic Cargo Tracking System (ECTS) initiative under the SASEC program.

Author: Asian Development Bank

Year: 2023

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Tags: ADB, Logistics, Regional Cooperation, Electronic Cargo Tracking System, SASEC

While the export of textile products contributes significantly to the Bangladesh economy, reliance on these exports also poses risks to the economy. For instance, the garment sector suffered tremendously when the coronavirus pandemic struck, during which factories shut down and many workers, mostly women, lost their jobs. This report looks at how Bangladesh can foster economic growth by diversifying its participation in trade and global value chains.

Author: Asian Development Bank

Year: 2023

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Tags: Bangladesh, ADB, Trade, COVID-19, Global Value Chains