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ADB revises Brunei growth forecast to 1.4pc

The Asian Development Bank (ADB) sees growth across Asia-Pacific falling to a 59-year low largely because of the COVID-19 pandemic, with Brunei Darussalam’s gross domestic product (GDP) forecast at 1.4 per cent this year compared to two per cent as previously projected. However, the ADB’s Asian Development Outlook (ADO) Supplement report released on Thursday showed […]

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Brunei retail sales up

Brunei’s retail sales performance in the first quarter (Q1) of 2020 increased to 4.3 per cent compared to the first quarter of 2019. This was stated in the Retail Sales Index (RSI) released by the Department of Economic Planning and Statistics (JPES) recently. JPES also released the Food and Beverages Services Index (F&BSI). The reports […]

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Brunei: CPI increases by 1.9pc year-on-year in April 2020

The Consumer Price Index (CPI) in April 2020 increased by 1.9 per cent year-on-year compared to April 2019. Prices of Food and Non-Alcoholic Beverages and Non-Food increased by three per cent and 1.7 per cent respectively. According to the Department of Economic Planning and Statistics (DEPS) under the Ministry of Finance and Economy, the CPI […]

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Surge in Internet, social media users in Brunei

Brunei has seen an increase in the number of Internet and social media users and mobile connections this year compared to the previous year, according to the Global Digital Overview 2020 by We are Social and Hootsuite. The country had 413,000 Internet users in January 2020. The number of Internet users in Brunei increased by […]

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