Brunei Darussalam is ranked 66 out of 190 economies with an Ease of Doing Business (EODB) score that has seen a gradual increase from 69.6 (adjusted) in 2019 to 70.1 in 2020, according to this year’s edition of its annual Doing Business report (Doing Business 2020) published by the World Bank. The annual report meas-ures […]
Read MoreBrunei economic growth is expected to pick up in 2019 to 1.8 per cent, with the outlook improving further over the medium term, driven by stronger oil and gas (O&G) activities from asset rejuvenation and large foreign direct investment (FDI) projects. This was highlighted by International Monetary Fund (IMF) in its 2019 article IV consultation […]
Read MoreThe World Economic Forum (WEF) rates Brunei as the world’s 56th most economically competitive country in the world out of 141 countries this year, rising six places from 2018 when the Sultanate was ranked at 62nd place. The 2019 Global Competitiveness Report measures the strength of 103 key indicators including inflation, digital skills, institutions, macroeconomic stability, health, […]
Read MoreBrunei Darussalam shared concerns over the rise of obesity, particularly among children, despite increased awareness of healthy eating among the population and health awareness programmes on a healthy diet at the ongoing 70th Session of the World Health Organization (WHO) Regional Committee for the Western Pacific in Manila, Philippines. Brunei Darussalam called for concerted action to […]
Read MoreThe Consumer Price Index (CPI) in August 2019 decreased by 0.8 per cent year-on-year compared to August 2018. Prices of Food and Non-Alcoholic Beverages decreased by 1.2 per cent, while Non-Food prices also decreased by 0.8 per cent. According to a press release from the Department of Economic Planning and Development (JPKE), Ministry of Finance […]
Read MoreBrunei Darussalam’s total trade in July 2019 decreased by 17.1 per cent to BND1,089.8 million compared to July 2018, according to a press release. Total exports decreased by 20.2 per cent year-on-year to BND670.8 million. This was mainly due to decreases in the exports of Crude Oil and Liquefied Natural Gas (LNG) by 26.2 per […]
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