A trip by the Bulletin to vegetable markets/stalls showed that aside from bananas, there is sufficient supply of vegetables/fruits in the country, and that it is business as usual for operators – despite the COVID-19 outbreak. Vegetable entrepreneur Haji Puasa bin Haji Barudin, 65, said the virus outbreak has not negatively impacted the sale of vegetables, rather […]
Read MoreBrunei Darussalam’s economy in 2019 grew by 3.9 per cent which was attributed to the growth of both the Oil & Gas Sector and Non-Oil & Gas sector by 4.9 per cent and 2.5 per cent respectively. The overall growth was achieved after the gross domestic product (GDP) in the fourth quarter of 2019 (Q4 […]
Read MoreAs an effect of the introduction of excise tax on sugar sweetened beverages on April 1, 2017 as shared by the Royal Customs and Excise Department (RCED), the import of sugary drinks has decreased by 7.8 per cent from Financial Year 2017/2018 to Financial Year 2018/2019. The RCED implemented a tax of BND4 per 100 […]
Read MoreThe proposed budget for Financial Year 2020/2021 is BND5.86 billion. The estimated government revenue for the Financial Year 2020/2021 is projected to be BND4.05 billion, in which revenues from the Oil and Gas Sector are estimated at BND2.91 billion, while the Non-Oil and Gas Sector is estimated at BND1.14 billion. Therefore, the national budget for […]
Read MoreBrunei Darussalam recorded the highest total trade since December 2012 after it recorded a value of BND2,571.3 million, an increase by 86.3 per cent from BND1,380.0 million during the same month last year. This takes into account exports of petroleum and gas products as an outcome of downstream activities. Meanwhile, for month-to-month changes, total trade […]
Read MoreThe coronavirus (COVID-19) outbreak has affected the local hotel industry, resulting in a loss of revenue amounting to BND530,480.58 and about 4,174 room cancellations from December 14, 2019 to March 31, 2020. These statistics were shared by President of the Brunei Association of Hotels (BAH) Mohd Iswandi bin Maaruf, who added that the cancellations – […]
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