In May this year, Brunei Darussalam’s total trade was valued at BND2,846.3 million, an increase by 48.7 per cent from BND1,913.9 million during the same month in 2021. Meanwhile, for month-to-month changes, total trade for May decreased by 5.7 per cent compared to April. Total exports increased by 51.9 per cent from BND1,749.4 million in […]
Read MoreBrunei Darussalam Central Bank (BDCB) yesterday published the Sultanate’s Business Sentiment Index (BSI) for July 2022. The index is based on surveys conducted on more than 500 micro, small, medium and large-sized businesses from the 11 economic sectors in the country. The monthly index is designed to measure the level of business confidence/sentiment in the […]
Read MoreThe economic growth outlook for Brunei Darussalam is cautiously optimistic but with significant downside risks. This was highlighted by the Centre for Strategic and Policy Studies (CSPS) in its August issue of the Brunei Economic Update. It said despite a steep contraction in the first quarter of this year, the Brunei economy is still projected […]
Read MoreBank Islam Brunei Darussalam (BIBD) launched their Go Digital! campaign yesterday to encourage Bruneians to adopt digital banking in their daily lives to play their part in contributing to a more sustainable nation. BIBD’s Deputy Managing Director Irwan bin Haji Lamit said, “There is no doubt that digital banking contributes to greater efficiency, accessibility and […]
Read MoreThe non-oil and gas sector recorded a one-per-cent growth, while the oil and gas sector decreased by nine per cent in the first quarter (Q1) of the year, according to a Department of Economic Planning and Statistics (DEPS) report. The department said the decline of the oil and gas sector has resulted in the negative […]
Read MoreBrunei Darussalam scored high in environmental, social and governance (ESG) category with 83 per cent in the 2021 edition of the M&A Attractiveness Index by Mergers and Acquisitions Research Centre (MARC) at the Bayes Business School. The index ranks countries on their capacity to attract and sustain mergers and acquisitions activity based on six factor […]
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