A decrease in crude oil and natural gas production led to a fall in the country’s gross domestic product (GDP) in the second quarter (Q2) of the year, said the Department of Economic Planning and Statistics. The oil and gas sector decreased by 9.2 per cent while there was a one per cent growth in […]
Read MoreThe Sultanate ranked first globally in cost of redundancy dismissal, second globally in applied tariff rate, third in political and operational stability, fourth in pupil-teacher ratio and in graduates in science and engineering. This was revealed in the recently-published 2022 Global Innovation Index (GII). Brunei Darussalam was 47th among the 48 high-income group economies. The […]
Read MoreThe Asian Development Bank (ADB) said Brunei Darussalam’s economic growth forecast next year is 3.6 per cent, which is unchanged from their earlier projection in April on the assumption that crude oil prices will remain elevated in the medium term. In its latest economic outlook published recently, ADB said the Sultanate’s gross domestic product (GDP) […]
Read MoreThe International Merchandise Trade Index (IMTI) measures the changes in the levels of unit values and volume of merchandise exports and imports between the Sultanate and trading partners and can assist policymakers to assess the factors that contribute to the country’s trade performance. In the first quarter of 2022, total exports increased by 55.3 per […]
Read MoreIn June 2022, the consumer price index (CPI) increased by 0.8 per cent compared to May 2022. This was driven by the increase in food and non-alcoholic beverages index and non-food index by 0.5 per cent and 0.8 per cent respectively. As compared to June 2021, the CPI had increased by 3.9 per cent. The […]
Read MoreIn June, the country’s total trade was valued at BND3,244.1 million, an increase by 62.5 per cent from BND1,995.9 million during the same month last year. Meanwhile, for month-to-month changes, total trade for June increased by 14 per cent compared to May. Total exports increased by 61.1 per cent to BND1,775.1 million in June 2022 […]
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