News National Business News National Business Brunei economy likely to see modest gains in 2022: CSPS The sultanate is on track to cut fiscal deficit on the back of high oil prices October 17, 2022 BANDAR SERI BEGAWAN – The Brunei economy is still expected to stage a modest rebound in 2022 despite a sharp contraction of 4.2…
News National Business News National Business Supply shortages to keep inflation high in 2022, says CSPS Food prices continued to rise in 2021, including a 30% jump in the cost of lamb and mutton January 28, 2022 BANDAR SERI BEGAWAN – Consumers are expected to continue paying high prices for goods and services throughout 2022 as inflation will likely remain…
News National Business News National Business Central bank: Brunei to end 2021 with ‘subdued’ economic growth Sluggish economy has been attributed to lower oil output and pandemic disruptions December 25, 2021 BANDAR SERI BEGAWAN – The Brunei economy is expected to end the year on a low note as it deals with the spillover…
News National Business News National Business Rising food prices have no major impact on the poor so far, says CSPS Brunei's inflation jumps to highest rate in 12 years as COVID-19 supply disruptions push up cost of consumer goods May 17, 2021 BANDAR SERI BEGAWAN – The rising cost of goods and services has not had a significant impact on poor households over the past…
News National Business News National Business AMBD: Petrochemical activities biggest driver of economic growth in first half of 2020 Inflation is likely to ease in 2021 after reaching a 12-year high in June 2020 January 3, 2021 BANDAR SERI BEGAWAN – A whopping 594.7 percent rise in petrochemical production has contributed to a GDP growth of 2.6 percent year-on-year in…
News National Business News National Business CSPS lowers economic growth forecast over COVID-19 uncertainty Brunei lacks real-time economic data to effectively monitor impact of pandemic, says think tank July 21, 2020 BANDAR SERI BEGAWAN – Brunei think tank Centre for Strategic and Policy Studies (CSPS) has painted a less rosy economic outlook of the…
News National Business News National Business COVID-19 pandemic pushes up Brunei’s inflation rate The cost of goods and services increases to an eight-year high in April July 8, 2020 BANDAR SERI BEGAWAN – Consumers are expected to pay more for goods and services for the rest of the year as the COVID-19…