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Brunei: Trade balance recorded at BND147.6M in August 2017

TOTAL trade increased by 24.9 per cent year-on-year to BND1,010.6 million; consisting exports (BND579.1 million) and imports (BND431.5 million), compared to BND809.1 million in August 2016. Trade balance decreased by 14.7 per cent year-on-year to BND147.6 million from BND173.1 million in August 2016. Brunei Darussalam Trade Performance For August 2016 and August 2017 Exports for […]

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Brunei: RB reaching new heights

THE national carrier of Brunei Darussalam, Royal Brunei Airlines (RB) has made a number of significant developments recently, with further advancements on the horizon, including the addition of eight new aircraft to its fleet. One such development was the launch of an enhanced Royal Brunei Holidays (RBH) website on September 27, which encompasses 24/7 online […]

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Brunei: Financial literacy talk at Civil Service Institute

BANK Islam Brunei Darussalam (BIBD) yesterday held a financial planning talk for almost 120 government officers and personnel from the Civil Service Institute, Prime Minister’s Office as part of BIBD’s ongoing efforts to raise the awareness and benefits of better financial management, at the same time underscoring the importance of elevating the awareness of financial […]

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Brunei’s GDP up 0.7pc in Q2 2017

BRUNEI Darussalam’s economy expanded by 0.7 per cent year-on-year in the second quarter of 2017 (Q2 2017), driven by stronger domestic demand, particularly in the capital expenditure of the private sector as well as government consumption expenditure which grew by 28.5 per cent and 23.5 per cent, respectively. On the supply side, the positive growth […]

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Laos, Brunei further strengthen bilateral relations

Bilateral relations and cooperation between Laos and Brunei Darussalam have received a boost with the visit of Vice President Phankham Viphavanh to Brunei last week.  Mr Phankham and his delegation, on behalf of President Bounnhang Vorachit, travelled to Brunei in response to an invitation from His Majesty Sultan Haji Hassanal Bolkiah of Brunei Darussalam. According […]

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Brunei: AMBD signs MoU with National Bank of Cambodia

THE Financial Intelligence Unit, Autoriti Monetari Brunei Darussalam (FIU, AMBD) signed a memorandum of understanding (MoU) with the Cambodia Financial Intelligence Unit, National Bank of Cambodia (CAFIU) in Bandar Seri Begawan recently. Under the MoU, both agencies agree to cooperate in the exchange of financial intelligence that may assist in the investigation and prosecution of […]

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