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Tag: Brunei

Posted on July 22, 2023

Improved domestic economy with ongoing FDI projects, says Brunei central bank

The International Monetary Fund (IMF) projected global growth for 2023 to be slower at 2.8 per cent compared to 3.4 per cent in 2022, before rising to three per cent in 2024, the Brunei Darussalam …
Posted on July 21, 2023

Brunei records 39.1-per cent trade balance drop in March

Brunei recorded 526.2 million Brunei dollars (US$398.2 million) trade balance for March 2023, a 39.1 per cent year-on-year decrease due to a drop in both export and import value.
Posted on July 18, 2023

Brunei records 39.1-pct trade balance drop in March

Brunei recorded 526.2 million Brunei dollars (398.2 million U.S. dollars) trade balance for March 2023, a 39.1 percent year-on-year decrease due to a drop in both export and import value. The latest …
Posted on July 14, 2023

Divisive China, Taiwan Bids to Join Pacific Trade Pact in Focus at Meet

CPTPP is a landmark trade pact agreed in 2018 between 11 countries – Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. Britain will become the 12th member to join the pact that cuts trade barriers, as it looks to deepen ties in the Pacific.
Posted on July 8, 2023

Brunei country profile

The tiny state of Brunei has one of the world’s highest standards of living thanks to its bountiful oil and gas reserves. Members of the royal family, led by the head of state Sultan Hassanal …

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Posted on July 8, 2023

Driving Brunei’s banking sector forwards

In making strategic investments in emerging technologies as part of its digital transformation journey, Baiduri Bank is creating a bright future for Brunei’s banking sector …
Posted on July 1, 2023

Mixed outlook for Brunei’s businesses; central bank says some businesses are still on a slow pace

Brunei’s businesses were anticipating an upswing in activity with the return to regular working hours in May 2023 after years of grappling with the Covid-19 pandemic.
Posted on June 29, 2023

Seven businesses in Brunei caught violating pricing regulations

The Department of Economic Planning and Statistics (JPES) under the Ministry of Finance and Economy issued BND500 fines to seven business premises for offences under the Price Control Act, Chapter 142 …
Posted on June 27, 2023

The 15 Most Expensive Private Jets Owned by the Rich and Famous, From Jeff Bezos to Jay-Z

The Sultan of Brunei claimed third place with his $230 million Boeing 747-430, which has been aptly nicknamed the Flying Palace. Roman Abramovich landed fourth with a Boeing 757 worth $170 million, …

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Posted on June 26, 2023

Viral video in Brunei puts bullying into national spotlight

A viral video showing an alleged case of bullying at a school’s prayer room has brought the issue again into the national spotlight.

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