The CPI in November 2019 decreased by 0.1 per cent year-on-year compared to November 2018. Prices of Food and Non-Alcoholic Beverages recorded a decrease of 0.6 per cent. Meanwhile, Non-Food recorded an increase of 0.04 per cent, according to the Department of Economic Planning and Statistics (DEPS). The CPI decrease was largely attributed to decreases […]
Read MoreThe Bruneian passport is regarded as one of the biggest winners in the Global Passport Index, achieving the best net score for nine visa waivers gained or lost last year, and one of the fastest-growing passports for 2019. These findings were recently published in a report by the Passport Index, a leading global mobility intelligence […]
Read MoreFINANCE, consultancy and fund management company Golden Equator Group on Monday announced its foray into Brunei, following the S$24.6 million strategic investment it received in April last year. Serial entrepreneur Taizo Son led the investment along with individual investors from Asia-Pacific, including Brunei, and the Middle East. The Singapore-headquartered conglomerate is looking to establish three businesses in Brunei: its multi-family […]
Read MoreIn the third quarter of 2019, Brunei Darussalam’s gross domestic product (GDP) at current prices was valued at BND4.3 billion compared to BND4.5 billion in Q3 2018. The oil and gas sector was valued at BND2.3 billion accounting for 54.0 per cent of the total gross value added (GVA). According to a press statement, Brunei’s […]
Read MoreThe Ministry of Primary Resources and Tourism (MPRT) is opening up over seven hectares for investors to develop and operate eco-tourism facilities in Labi, located in Belait’s rural south. MPRT Permanent Secretary Pg Hj Kamalrudzaman Pg Hj Mohd Ishak said they were seeking proposals to invest, develop and operate two projects: privatising Labi’s multipurpose community hall to […]
Read MoreBrunei Darussalam is among the top five countries with the highest tourist receipts in Malaysia at RM1.52 billion. Deputy Director General of Tourism Malaysia Zulkifli bin Mohd Said made this statement at the Networking Dinner for Malaysia Healthcare Travel Council held in conjunction with Malaysia Year of Healthcare Travel 2020 (MYHCT 2020) last Wednesday. Hosted […]
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