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Interview

OBG talks to Qiu Jianlin, Chairman, Zhejiang Hengyi Group
OBG
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Interview: Qiu Jianlin Hengyi’s Pulau Muara Besar Petrochemicals Project is the largest overseas venture for a private Chinese firm. Why did you choose Brunei Darussalam? QIU JIANLIN: We conducted a thorough site selection process for our overseas refinery and integrated aromatics project. We visited several potential countries, but in the end we chose Brunei Darussalam based on the following reasons.…
Viewpoint

Lee Hsien Loong, Prime Minister of Singapore, on strategic relations
OBG
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Singapore and Brunei Darussalam have been close friends for more than half a century. Our special relationship is underpinned by our shared strategic challenges, wide-ranging cooperation and strong personal ties at all levels. Singapore strongly supports Brunei Darussalam’s chairmanship of ASEAN during 2013. ASEAN is important to both Singapore and Brunei Darussalam, its two smallest members.…
Viewpoint

Colin Ong, Managing Partner, Dr Colin Ong Legal Services, and President, Arbitration Association of Brunei Darussalam, on intellectual property
OBG
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The year 2012 has been a momentous one for the development of intellectual property law in Brunei Darussalam on several fronts. In order to nurture and protect its fledgling industry of inventors, the Patents Order 2011 was passed and came into force on January 1, 2012, and the former Inventions Act was repealed. Previously, there was no national patent system and patent protection was obtained by…
Viewpoint

Pengiran Moksin, President, Brunei Darussalam Institute of Certified Public Accounts, and Partner, Deloitte, on e-filing with STARS
OBG
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The collector of income tax (CIT) began to engage tax agents in late 2011 on their push for corporate income tax e-filing under the system for tax administration and revenue services (STARS). CIT’s work with tax agents and other stakeholders such as company directors and accountants involved with tax compliance, continued in 2012 to ensure the smooth implementation of STARS. In its leaflet “STARS…
Economic News

Brunei Darussalam: Infrastructure snags to boosting tourist numbers
OBG
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Having begun to roll out a tourism master plan that puts the spotlight on natural and cultural assets, Brunei Darussalam is targeting an 8% increase in visitor numbers this year.Under the plan, which will be introduced in stages, the Sultanate aims to revive areas of historical significance, while also drawing visitors to its islands and nature reserves. A drop of five places in a major international…
Chapter

The Report: Brunei Darussalam 2013: The Guide
OBG
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This chapter contains useful information for Brunei Darussalam’s visitors, including hotel listings and contact information for emergency facilities, ministries, missions, banks, airlines, and taxi services, which can assist in making a stay in Brunei Darussalam safe and smooth. The chapter’s Facts for Visitors section offers insight into communications, dress, business culture, language, communications,…
Chapter

The Report: Brunei Darussalam 2013: Tax
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This chapter contains updates on the Brunei Darussalam tax system, offering need-to-know information for doing business in the Sultanate. It also contains a tax viewpoint from Pengiran Moksin, President, Brunei Darussalam Institute of Certified Public Accounts, and Partner, Deloitte.…
Chapter

The Report: Brunei Darussalam 2013: Agriculture
OBG
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Growing global food insecurity has turned Brunei Darussalam’s attention back toward its farms. The government has set a goal of 60% self-sufficiency by 2015, though it is unlikely this will be achieved in that time. Self-sufficiency in rice, fruits and vegetables stood at 4.4%, 15.4% and 62.8%, respectively, in 2011. The government has planned to expand rice cultivation to some 5000 ha, but will…