This brief explores how bookings for alternative accommodations have soared in Southeast Asia and why stronger regulation can help maintain quality standards, increase tax revenue, and maximize local economic benefits.
This report analyzes the importance of Thailand's blue economy and examines ways to mobilize and scale up private sector investment to help bolster the country's sustainable blue development.
The Government of Thailand eyes an investment target of THB 500 billion (around $13.7 billion) for its Eastern Economic Corridor (EEC) over the next five years, focusing on industries such as electric vehicle development, medical services, biotechnology infrastructure, and digital industries.
The Greater Mekong Subregion (GMS) countries convened the 29th (the final) Meeting of the GMS Regional Power Trade Coordination Committee (RPTCC-29) in a hybrid format (with inperson in Siem Reap, Cambodia and via web-based conferencing) on 5-6 July 2022. RPTCC-29 was a landmark meeting signaling the evolution of RPTCC into the GMS Energy Transition Taskforce (ETTF).
This report presents an assessment of Southeast Asia to become a leader in renewable energy manufacturing. It also identifies key opportunities for intraregional collaboration.
This brochure outlines how ADB partners with the ASEAN to strengthen regional cooperation and integration to help drive growth, a green recovery, and inclusion.This includes support for capacity building, knowledge sharing, and policy dialogues for the B-I-G Capacity Building Program for Connectivity for Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA), the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT), and the Greater Mekong Subregion (GMS).
The Viet - Smart Tourist Card. Photo by Viet Nam Tourism website
The Greater Mekong Subregion (GMS) Economic Cooperation Program Strategic Framework 2030 (GMS-2030) emphasizes new possibilities opened by digitalization. At the recently held 51st GMS Tourism Working Group Meeting (TWG-51), GMS countries highlighted various digital initiatives they are implementing, which are helping boost their tourism markets and improve visitor management.
The Da Nang People’s Committee approved a project to develop the city’s logistics services and become a logistics center by 2030 for the central key economic region (KER) and the East-West Economic Corridor (EWEC). The city also aims to become the key gateway to the EWEC and an important transport corridor link in Asia-Pacific by 2050.
Thailand’s unemployment rate dropped to 1.05%, its lowest in three years, as the country’s tourism industry rebounds.
Photo via Vientiane Times
Construction work on the 5th Lao-Thai Friendship Bridge has surpassed 72% completion, and is expected to be completely finished by the end of 2024. The bridge will connect Paksan, Bolikhamsai Province (Lao PDR) to Bueng Kan Province (Thailand) across the Mekong River. The bridge is set to further boost connectivity in the GMS.
Greater Mekong Subregion Secretariat
Regional Cooperation and Operations Coordination Division,
Southeast Asia Department, Asian Development Bank
Address: 6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines
Telephone: +63 2 8632 4444 Fax: +63 2 8636 2226