Some 200 business registrations have been recorded since the start of the second COVID-19 wave last month, said Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah at a press conference yesterday. The minister was encouraged by the positive development […]
Read MoreBrunei Fertilizer Industries Sdn Bhd (BFI) signed a service agreement in a virtual ceremony with Muara Port Company Sdn Bhd (MPC) to undertake logistics, operations and port-handling services for the purpose of exporting granular urea for BFI. Signing on behalf of BFI was its Chief Executive Officer Mohammed Salim Baderkhan, while MPC was represented by […]
Read MoreBorneo Bulletin – Brunei Darussalam Central Bank (BDCB)yesterday published its bi-annual policy statement. In its policy statement, BDCB noted that the global economy is expected to grow six per cent in 2021. Meanwhile, the domestic economy contracted by 1.4 per cent year-on-year (y-o-y) in first quarter (Q1) 2021. BDCB’s inflation forecast for 2021 has been […]
Read MoreThe Consumer Price Index (CPI) in June 2021 increased by 1.7 per cent year-on-year compared to June 2020. Prices of food and non-alcoholic beverages increased by 1.6 per cent. Meanwhile, non-food prices increased by 1.7 per cent. The CPI increase was largely attributed to increases in the prices and costs of transport (seven per cent); […]
Read MoreAsia Development Bank’s (ADB) forecast for Brunei Darussalam’s economic growth remains unchanged in the latest Asian Development Outlook Supplement (ADO), July 2021 report published recently. In May this year, ADB said that Brunei’s economy is expected to strengthen in 2021 and 2022, on an improving external environment with economic growth of 2.5 per cent this […]
Read MoreBrunei Darussalam’s economic growth outlook remains robust, but uncertainty looms. Despite a contraction in first quarter (Q1), the Brunei economy is still projected to grow modestly in 2021, reflecting broad-based growth across sectors as external demand and domestic activity strengthen. This was highlighted in the Brunei Economic Update published by the Centre for Strategic and Policy Studies […]
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