Brunei Darussalam is a top scorer in price competitiveness in the Asia-Pacific region in the recently released Travel & Tourism Competitiveness Index (TTCI) 2019 of the World Economic Forum (WEF). The Sultanate ranked second globally, thanks to low fuel prices (6th) and ticket taxes and airport charges (14th). Besides price competitiveness which the Sultanate scored […]
Read MoreThe Brunei Hotel has replaced television cable channels with Netflix in all their hotel guest rooms as part of the strategy to cut cost, according to Assistant Front Office Manager Farrah Razak. Netflix is a streaming service allowing members to watch a wide variety of award-winning TV shows, movies, documentaries, and more on thousands of […]
Read MoreBrunei Darussalam’s Residential Property Price Index (RPPI) was at 89.2 in Q2 2019, a decrease of 1.6 per cent year-on-year compared to Q2 2018 and a decrease of 2.5 per-cent quarter-on-quarter compared to Q1 2019. Autoriti Monetari Brunei Darussalam (AMBD) published the RPPI for the second quarter of 2019 yesterday. According to a press release, […]
Read MoreChina continues to be one of Brunei Darussalam’s top trading partners and an increasing source of foreign firect investment (FDI), with total trade amounting to BND2.54 billion in 2018, Permanent Secretary (Investment) at the Ministry of Finance and Eco-nomy (MoFE) Haji Khairuddin bin Haji Abdul Hamid said yesterday. He made the statement at the first […]
Read MoreThe number of locals entering the private sector workforce in 2017 saw a rise of 2.2 per cent to 54,489 individuals compared to 53,336 in 2016. However, the overall total employment in the private sector decreased by 0.6 per cent from 115,985 (2016) to 115,329 (2017). According to the Report of Summary Findings of the […]
Read MoreThe CPI in July 2019 decreased by 0.5 per cent year-on-year compared to July 2018. Prices of Food and Non-Alcoholic Beverages decreased by 0.6 per cent. Non-Food prices also decreased by 0.5 per cent. The CPI decrease was largely attributed to decreases in the prices and costs of Transport (4.2 per cent); Housing, Water, Electricity, […]
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