Brunei Darussalam Economy Articles & Analysis

Chapter | Table of Contents from The Report: Brunei Darussalam 2016

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Commanding the second-highest GDP per capita of all ASEAN nations, at $40,979 in 2014, Brunei Darussalam remains one of the most advanced economies in the South-east Asian region. This is in large part due to the Sultanate’s well-developed energy sector; however, with oil and gas prices falling substantially from mid-2014, new efforts are being made to increase the efficiency of production and diversify the economy to ensure future stability and sustainability.

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As regional exchanges become more mature, which factors make SGX a standout proposition for Asian companies seeking to list? 

What obstacles must be overcome for Asia to meet its long-term energy needs through renewables?

What do you think is driving the growing infrastructure gaps throughout emerging and developing economies in Asia?

A combination of tighter fiscal planning, a gradual increase in hydrocarbons prices and an improved performance by some non-oil sectors saw Brunei Darussalam shake off two years of contraction and lay the foundations for stronger growth in 2017.

Articles & Analysis | Brunei Darussalam in figures: from The Report: Brunei Darussalam 2016

Articles & Analysis | Diversity drive: Page 18 from The Report: Brunei Darussalam 2016

 

Government revenues have declined as a result of the global oil market slowdown, and the 2016/17 budget reflects this. However, moves to increase foreign investment and support economic diversification also factor into the government’s spending plans, with non-oil growth becoming increasingly critical, as evidenced by allocations to education...