BANDAR SERI BEGAWAN – The Brunei economy suffered its biggest contraction in five years, closing out 2021 with a 1.6 percent annual negative…
This story was updated on Feb 28, 2022 to include additional comments from the Second Minister of Finance and Economy. BANDAR SERI BEGAWAN…
BANDAR SERI BEGAWAN – Brunei will reform its pension scheme next year to boost retirement savings, His Majesty Sultan Haji Hassanal Bolkiah announced at…
BANDAR SERI BEGAWAN – Consumers are expected to continue paying high prices for goods and services throughout 2022 as inflation will likely remain…
BANDAR SERI BEGAWAN – Another budget deficit is looming for the fourth consecutive financial year in 2022/23, but the Centre for Strategic and…
BANDAR SERI BEGAWAN – The Brunei economy is forecast to bounce back from recession to post a positive growth of 3.7 percent this…
As a resource-rich country, Brunei Darussalam’s economy depends heavily on developments in the oil and gas sector. The Bruneian authorities have — for…
BANDAR SERI BEGAWAN – Brunei’s crude oil production plunged to a record low in the third quarter of 2021 as the second COVID…
BANDAR SERI BEGAWAN – The Brunei economy is expected to end the year on a low note as it deals with the spillover…
BANDAR SERI BEGAWAN — The Brunei economy slid deeper into recession after posting its largest quarterly contraction in three years amid persistent oil…