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Brunei: Muara Container Terminal unveils new service

THE Muara Port Company Sdn Bhd (MPC) yesterday unveiled its new service – the unstuffing activities of a Full Container Load (FCL) import container containing cargo for one consignee (one importer). The new service is intended to improve the operation efficiency of the Muara Container Terminal (MCT) in line with the government’s Ease of Doing […]

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Brunei: Duo shows farming is good business

BRUNEIANS should not look down on agriculture as an undesirable business to engage in, as a decent living can be earned from properly managed farms. This was said by Haji Ayub bin Haji Suhaili, one of the founders of Eco Nadi Agrobiz, an agriculture company from Tutong, in an interview with the Bulletin at the company’s […]

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Brunei: Economy set to rebound

AFTER several years of declining gross domestic product (GDP), falling consumer prices and widening fiscal deficits, Brunei Darussalam is poised for a mild turnaround, the Asian Development Bank (ADB) said. Large construction projects and recovering oil and gas production and prices are expected to lift GDP and inflation into positive territory and narrow the fiscal gap. […]

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Brunei’s economy slips further 2.5 percent in 2016

BANDAR SERI BEGAWAN, March 30 (Xinhua) — Brunei’s economy posted a 2.5 percent year-on-year decline in 2016, owing to a slowdown in the oil and gas sector, said the latest statistics released Thursday by the Department of Economic Planning and Development (JPKE) of the Prime Minister’s Office. For the whole year of 2016, the annual […]

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Brunei: Trade balance recorded BND369.1M in January

FOR the month of January 2017 Brunei Darussalam’s Trade Balance was BND369.1 million. Total exports amounted to BND694.9 million, while imports were valued at BND325.8 million. Mineral fuels recorded the highest contribution of 92.7 per cent of total exports, comprising crude oil (BND309.7 million) and liquefied natural gas (LNG) (BND334.8 million). According to a press […]

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