In the third quarter (Q3) of 2022, Brunei Darussalam’s gross domestic product (GDP) by economic activity was mainly contributed by the industry sector which was about 66.4 per cent. This was followed by services sector by 32.5 per cent and agriculture, forestry and fishery sector by 1.1 per cent. The Sultanate’s GDP at current prices […]
Read MoreIn the third quarter (Q3) of 2022, Brunei Darussalam’s Residential Property Price Index (RPPI) was at 91.6, a decrease of 1.63 per cent year-on-year compared to Q3 2021, and a decrease of 1.57 per cent quarter-on-quarter compared to Q2 2022. This was revealed by Brunei Darussalam Central Bank’s (BDCB) RPPI report for Q3 2022. The […]
Read MoreCambodia and Brunei have exchanged views on promotion of bilateral cooperation, especially in agriculture. The discussion was made in a recent meeting between Dith Tina, Cambodian Minister of Agriculture, Forestry and Fisheries and Pengiran Kasmirhan Pengiran Tahir, Brunei Ambassador to Cambodia at the ministry’s office in Phnom Penh. The two sides touched on range of […]
Read MoreIn the third quarter (Q3) 2022, the performance of the retail sales showed a year-on-year increase of 4.8 per cent with an estimated value increased from BND407.4 million to BND427.0 million. In terms of volume, the retail sales also recorded a positive growth of 2.4 per cent year-on-year. The increase in retail sales was mainly […]
Read MoreBrunei Darussalam Central Bank (BDCB) highlighted a notable growth in Brunei Darussalam’s financial sector’s total assets with an increase of 5.9 per cent year-on-year with total asset value of BND24.8 billion as of third quarter (Q3) of 2022. Of this, the Islamic finance sector accounts for 60.3 per cent, or BND15 billion, of the total […]
Read MoreBrunei Darussalam Central Bank (BDCB) noted in its second policy statement for 2022 published yesterday, that the International Monetary Fund (IMF) maintained its global economic growth forecast for 2022 at 3.2 per cent, and the growth forecast was slightly decreased from 2.9 per cent to 2.7 per cent in 2023. The basis of the revised […]
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