Economic Updates: Brunei Darussalam

Brunei Darussalam: Tourism’s time to shine

Asia | 10 Sep 2012
Brunei Darussalam: Tourism’s time to shine

Burgeoning cooperation between the national airline and the tourism board – and the latter’s development of a master plan – are raising the prospects of Brunei Darussalam’s tourism sector realising its untapped potential. However, challenges remain, as the industry tackles a human resources shortage and attempts to broaden the Sultanate’s appeal from that of niche destination.

Brunei Darussalam: Creative industry

Asia | 23 Aug 2012
Brunei Darussalam: Creative industry

As the economy of resource-dependent Brunei Darussalam prepares for a future when its oil and gas reserves are depleted, policy makers are putting more emphasis on innovative areas of industry that aim to capitalise on the Sultanate’s heritage and culture.

Brunei Darussalam: Focus on education

Asia | 10 Aug 2012
Brunei Darussalam: Focus on education

To boost the quality of its education system, Brunei Darussalam has formed key partnerships with foreign governments and leading international institutions, as well as taken a leadership role in regional education.

Brunei Darussalam: Increasing connectivity

Asia | 30 Jul 2012
Brunei Darussalam: Increasing connectivity

As the Sultanate forges ahead with plans to improve air and road transport links with its neighbours as part of plans for regional growth, officials say the Sultanate’s domestic network is in equal need of attention.

Brunei Darussalam: Turning the corner on debt

Asia | 2 Jul 2012
Brunei Darussalam: Turning the corner on debt

Despite declining profits in 2011, Brunei Darussalam’s banks are looking forward to a period of financial stability and new products, as tighter lending rules put in place by the government have created a clean slate for new, better-regulated credit activity.

Brunei Darussalam: Investing in the future of Islamic finance

Asia | 18 Jun 2012
Brunei Darussalam: Investing in the future of Islamic finance

Brunei Darussalam has long identified Islamic finance as a sector that can be developed to its advantage, both to serve the banking needs of its domestic economy and as an avenue for economic development at the international level. To achieve these objectives, however, it will need to step up investments in human resources.

Brunei Darussalam: Increasingly ready for ICT

Asia | 22 May 2012
Brunei Darussalam: Increasingly ready for ICT

Thanks to the government’s incentives to take up the latest technology, along with a greater willingness among the private sector to take advantage of information and communications technology (ICT) in business, Brunei Darussalam’s ICT sector is witnessing some growth.