Expanded Brunei-Korea trade to help diversify local economy Saturday, July 23, 2016 – BILATERAL trade between Brunei and South Korea can be expanded to include high value products such as technology and cosmetics to help the sultanate diversify its economy. In an interview, Kim Young-sun (pic), secretary general of the ASEAN-Korea Centre, said while both […]
Read MoreADB: Rising commodity prices to boost CPI Thursday, July 21, 2016 – THE continued drop in Brunei?s consumer price index (CPI) is expected to slow down as rising commodity prices gave a slight boost in regional inflation, according to a recent update from the Asian Development Bank (ADB). In its supplementary report to the 2016 […]
Read MoreSlow business for home decor shops Thursday, July 21, 2016 – THE Raya festivities failed to perk up sales of local home decor shops, with the weak ringgit and slower economy spurring most customers to shop across the border instead. The Aidil Fitri month is usually peak season for retailers of home accessories as Bruneians […]
Read MoreSouth Korean investors seek opportunities in Brunei Wednesday, July 20, 2016 – A DELEGATION of investors from South Korea are currently in Brunei to explore opportunities in the sultanate. A press statement from the ASEAN-Korea Centre (AKC) said that the Brunei government is hosting a two-day programme for the visiting investors tomorrow with the objective […]
Read MoreIMF keeps 4.8% growth forecast for ASEAN amid Brexit uncertainty Wednesday, July 20, 2016 – THE International Monetary Fund (IMF) maintained its 4.8 per cent growth forecast for the major five ASEAN economies albeit uncertainties presented by Britain?s decision to leave the European Union. In its latest World Economic Outlook Update (WEO) issued yesterday, IMF […]
Read MoreFestive season brings in more guests to local hotels Saturday, July 16, 2016 – LOCAL hotels and homestays have posted higher occupancy rates in the past few days as the Hari Raya festivities and the celebration of His Majesty Sultan Haji Hassanal Bolkiah Mu?izzaddin Waddaulah, the Sultan and Yang Di-Pertuan of Brunei Darussalam?s 70th birthday […]
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