News National Business News National Business Brunei economy to grow 2.8% in 2021 Think tank predicts post-COVID growth for Brunei but warns that outlook depends on recovery of global trade and commodity prices February 2, 2021 BANDAR SERI BEGAWAN – The Brunei economy is projected to expand 2.8 percent in 2021, led by downstream exports and the manufacturing sector,…
News National Business News National Business Rising petrochemical exports offset COVID-19 impact as Brunei economy grows 2.8% in Q2 The Brunei economy fared better than expected but aviation and hotel sectors suffer major losses October 27, 2020 BANDAR SERI BEGAWAN – The Brunei economy grew 2.8 percent in the second quarter of 2020, buoyed by increased exports of petrochemical products…
News National Business News National Business Brunei economy grew 2.4% in first quarter amid pandemic Strong showing in the downstream sector contributed to rise in export earnings despite airline industry woes July 16, 2020 BANDAR SERI BEGAWAN – Strong growth in the downstream sector has offset major revenue losses in the airline industry as Brunei’s economy expanded…
News National News National Brunei economy declines 1.2% year-on-year in Q3 2018 Declining gas and methanol production, sharp drop in exports lead to negative growth January 25, 2019 BANDAR SERI BEGAWAN – Brunei’s gross domestic product (GDP) contracted by 1.2 percent year-on-year in the third quarter of 2018, following a 2.8…
Business News National Business News National More than $8 billion of national revenue generated by MSMEs AMBD urges financial institutions to improve access to financing for small business November 16, 2018 BANDAR SERI BEGAWAN – Revenue from micro, small and medium enterprises (MSMEs) has risen by five percent to $8.3 billion between 2010 and…
News Business News Business Local construction sector slumps 6.6% in 2016, minister calls on industry players to be more innovative A recent international study indicates that global construction industry 'stuck in a time warp' November 12, 2017 Slumping oil prices and a weaker economy are putting a damper on the local construction industry, shrinking 6.6 per cent at constant prices…