With intensifying global competition, Brunei can no longer afford to rely on past successes and must act decisively to ...

Domestically, Brunei’s economy saw a robust 6.8 per cent expansion in the first quarter of 2024, driven notably by an 8.9 per cent growth in the Oil and Gas Sector and a 5.0 per cent increase in ...

Brunei is a welfare state, where the government basically pays for everything from national defence to schools, energy to heavily subsidised housing. But their oil reserves are running out and they ...

In 2024, bilateral trade between Brunei Darussalam and China reached US$2.809 billion, with Brunei's exports to China nearing USS2.1 billion, a year-on-year increase of 7.8 per cent. China has become ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Brunei's economy remains strong, with its resilience boosted by comfortable buffers and continued prudent macroeconomic ...

BANDAR SERI BEGAWAN, March 2 (Xinhua) -- Brunei achieved a 4.2-percent economic growth in 2024, its highest growth rate since 1999, Haji Mohd Amin Liew Abdullah, Brunei's minister at the Prime ...

During the month-long Ramadan, Brunei's government and private sector working hours are shortened, and the daily period of fasting begins at dawn and ends at sunset. The Department of Economic ...

where his work involved surveillance of the Brunei economy and policy research on fiscal policy, economic diversification, productivity, unemployment, energy, transport, trade facilitation and SME ...

Speaker of the legislative council Haji Abdul Rahman Taib in his closing remarks said 187 questions were raised and answered by government ministers involving over 400 issues ranging from economic, ...

As an oil producer, Brunei has been able to run consistent trade surpluses despite having to import most of what it consumes. Oil and natural gas account for almost 90 percent of Brunei’s exports.

In support of efforts led by the Ministry of Finance and Economy and the Autoriti Monetari Brunei Darussalam (AMBD) to assist financially impacted individuals and businesses during the COVID-19 ...