Experts are forecasting a small growth in the global gross domestic product (GDP) due to the stabilisation of several leading markets such as the United States and Singapore, according to speakers at a seminar organised by Baiduri Bank yesterday. The speakers also said that more economies are slowly opening while business restrictions are gradually being […]
Read MoreBaiduri Bank in collaboration with Royal Brunei Airlines has launched the ‘Your Gateway to more Destinations’ promotion for Royal Brunei Visa cards. All successful applicants for the Royal Brunei Visa Credit and Debit cards by Baiduri Bank will receive four years annual fee waiver and up to 3,000 Royal Skies miles from April 1 to […]
Read MoreThe Department of Economic Planning and Statistics (DEPS), Ministry of Finance and Economy (MoFE) projected Brunei Darussalam’s gross domestic product (GDP) growth this year to be between 0.8 and 1.6 per cent, with the oil and gas sector expected to grow at a rate of 0.5 per cent, and the non-oil and gas sector to […]
Read MoreThe proposed budget for financial year 2021-2022 is estimated to be BND5.86 billion, similar to the previous financial year (2019-2020). The government revenue for financial year 2021-2022 is projected to be BND2.61 billion and the nation will record a budget deficit of BND3.25 billion. This was highlighted by Minister at the Prime Minister’s Office and […]
Read MoreThe performance of the Retail Sales Index (RSI) in Brunei Darussalam continued to show an increase of 21.3 per cent year-on-year in the fourth quarter (Q4) 2020, with an estimated retail sales value of BND455.6 million, the Department of Economic Planning and Statistics (JPES) stated in a release. As for the food and beverages services […]
Read MoreBrunei is one of the 69 destinations that shut their borders to tourism, said World Tourism Organization (UNWTO) in its report published this week. One in three destinations worldwide are now completely closed to international tourism. According to the latest data from the UNWTO, the emergence of new variants of the COVID-19 virus has prompted […]
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