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Brunei: Total trade up 37.3pc in August

The total trade recorded an increase of 37.3 per cent from BND2,018.5 million in August 2021 to BND2,771.3 million in August 2022, contributed by a rise in both export and import value between those periods. Compared to July 2022, total trade fell 7.8 per cent due to a fall in exports and imports value, mainly […]

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Brunei: CPI up 0.2pc month-on-month

The Consumer Price Index (CPI) increased by 0.2 per cent in September, 2022, as compared to August, 2022. This was driven by the increase in food and non-alcoholic beverage index (0.1 per cent), and non-food index (0.2). As compared to September 2021, the CPI had increased by 4.3 per cent. The rise in the CPI […]

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Brunei: Downtrend in unemployment

The total number of unemployed persons numbered around 10,956 in 2021 compared to 16,630 in 2020. This resulted in a decrease of the unemployment rate from 7.3 per cent to 4.9 per cent in 2020, especially among the local population (10,800 persons or 98.6 per cent), the Department of Economic Planning and Statistics (DEPS) of […]

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Brunei: Central bank warns against crypto-scams

The Brunei Darussalam Central Bank (BDCB) reminded the public to exercise extreme caution prior to dealing with cryptocurrencies and related products, in a statement yesterday. The public is also urged to fully understand the risks associated with cryptocurrencies, and to be wary of rampant cryptocurrency fraud and scams promising high returns on investments often advertised […]

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Brunei: IMF forecasts steady GDP growth for Sultanate

The International Monetary Fund (IMF) forecasts the Sultanate’s gross domestic product (GDP) growth at 1.2 per cent this year (2022), 3.3 per cent next year (2023) and 3.2 per cent in 2024. This was according to its Regional Economic Outlook: Asia and the Pacific October 2022: Sailing into Headwinds, published on Thursday. Higher fuel prices […]

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Brunei: Merchandise trade sees 36.6pc increase y-o-y

There was a 36.6-per-cent increase in total merchandise trade from BND2,200.2 million in July 2021 to BND3,0004.7 million in July 2022.However, a decrease of 7.4 per cent was recorded compared to June 2022, said the Department of Economic Planning and Statistics, Ministry of Finance and Economy (MoFE) yesterday. It continued that total exports increased by […]

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