The energy sector accounted for 58.8 per cent or BND11 billion of the country’s total GDP in 2021, according to a data recently released by the Department of Economic Planning and Statistics, Ministry of Finance and Economy (MoFE). Of this number, the oil and gas upstream sector contributed to 49.6 per cent, whereas the downstream […]
Read MoreThe consumer price index (CPI) in February increased by 3.2 per cent year-on-year compared to February 2021, according to a release from the Department of Economic Planning and Statistics (DEPS), Ministry of Finance and Economy. The rise in the CPI was in line with the increase in non-food and food and soft beverage prices by […]
Read MoreThe non-oil and gas sector which contributed 51.2 per cent to the total gross value added (GVA) recorded an increase of two per cent while the oil and gas sector which contributed 48.8 per cent decreased by 4.8 per cent. The decline of the oil and gas sector caused Brunei Darussalam’s economy to grow at […]
Read MoreIn January 2022, Brunei Darussalam’s total trade was valued at BND2,607.8 million, an increase by 92.8 per cent from BND1,352.6 million during the same month last year. Meanwhile, for month-to-month changes, total trade for January 2022 decreased by 1.2 per cent compared to December 2021. Total exports increased by 128.9 per cent year-on-year to BND1,487.7 […]
Read MoreThe government has launched one-stop trade information website that consolidates requirements, opportunities and explainers for importers and exporters. Brunei Trade, launched by the Ministry of Finance and Economy (MoFE) on April 26, houses the latest information for importers and exporters as well as a directory of local companies’ products for foreign buyers. The website is aimed at socialising trade-related information as […]
Read MoreBrunei Darussalam’s economy is projected to grow 5.8 per cent this year, according to the International Monetary Fund’s (IMF) latest Regional Economic Outlook report. IMF said economic growth in Asia and the Pacific is poised to slow more than previously estimated this year amid headwinds from the conflict in Ukraine, a resurgent pandemic, and tightening […]
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