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Brunei ranks 12th in Islamic finance development

Brunei Darussalam was ranked 12th in the Refinitiv Islamic Finance Development Report 2021: Advancing Economies, in terms of overall development in the Islamic finance industry out of 135 countries being assessed. The report revealed that based on 2020 data, Brunei Darussalam achieved 34 points in the Islamic Finance Indicator (IFDI), while the global average indicator […]

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Cambodia: New prakas adjusts formula for retail fuel prices

The Cambodian government has issued an inter-ministerial prakas publicising the new formula with which ministries will adjust the retail price of fuel in the Kingdom to better reflect international rates and thereby maintain stability in oil supply. The Ministry of Economy and Finance, Ministry of Commerce and the Ministry of Mines and Energy on March […]

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