News Legislative Council National News Legislative Council National Gov’t tables $5.96 billion budget, remains cautious on economic outlook With oil and gas revenue providing a boost to state earnings, the government will record a marginal budget surplus for the first time in 4 years March 7, 2023 BANDAR SERI BEGAWAN – The government has tabled a supply bill of $5.96 billion for the 2023/2024 financial year, seizing on the momentum…
News National News National New cabinet must act in ‘fair and transparent’ manner, says monarch The sultan tells new ministers to avoid favouritism July 5, 2022 BANDAR SERI BEGAWAN – His Majesty Sultan Haji Hassanal Bolkiah chaired the first meeting of his new cabinet on Monday, urging ministers to…
News National News National HM: New cabinet must carry out duties with ‘full loyalty and responsibility’ The latest cabinet shakeup sees a changing of the guard June 7, 2022 BANDAR SERI BEGAWAN – Brunei’s monarch announced a cabinet reshuffle on Tuesday, replacing eight ministers and appointing the first woman to the cabinet. …
News National News National HM announces major cabinet shakeup — full list of appointees The sultan makes changes to top posts; appoints Brunei's first female cabinet minister June 7, 2022 In a televised address at 3pm, His Majesty Sultan Haji Hassanal Bolkiah announced a cabinet reshuffle, which saw eight ministers replaced and the…
News Legislative Council National News Legislative Council National HM: Budget deficit may be looming with weak oil prices, coronavirus outbreak The sultan opens 16th Legislative Council session amid global recession fears March 9, 2020 BANDAR SERI BEGAWAN – His Majesty Sultan Haji Hassanal Bolkiah on Monday said Brunei may record a budget deficit in the 2019/2020 fiscal…
News Legislative Council National News Legislative Council National Gov’t proposes $5.86 billion budget, focus on stimulating biz, improving public infrastructure The sultanate registered just 0.1% GDP growth in 2018, as slow growth dogs Brunei's economy March 10, 2019 BANDAR SERI BEGAWAN – The Ministry of Finance and Economy (MoFE) on Saturday tabled a government budget of $5.86 billion for the 2019/2020…
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…
News National News National Gov’t renames foreign affairs and finance ministries The announcement comes with key personnel and portfolio changes September 19, 2018 BANDAR SERI BEGAWAN – The government announced the renaming of two key ministries on Wednesday, as well as new appointments and transfer of…
News Legislative Council News Legislative Council As deficit falls by 40%, gov’t proposes $5.3B budget for 2018 After four years of negative growth, the Brunei economy is forecasted to see a modest uptick this year March 7, 2018 The Ministry of Finance today announced a proposed government budget of $5.3 billion for the 2018/19 fiscal year, on the back of recovering…
News Legislative Council News Legislative Council Sultan urges parliament to find more avenues of economic growth At the opening of the Legislative Council, the monarch calls for greater effort to rouse Brunei's sluggish economy March 5, 2018 His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam has called on parliamentarians to be unafraid to air opinions and suggestions that…