Brunei Darussalam Agriculture Sector Research Highlights

Economic News

Brunei Darussalam looks to sustain agricultural growth
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Rising productivity and higher output from the processing segment is keeping Brunei Darussalam’s agriculture sector on track to meet the government’s medium- and long-term goals. Strong performance in most areas of the agriculture and agri-foods sector saw the industry’s revenue rise by 6.8% year-on-year (y-o-y) in the first quarter of the year to reach BN$97.1m ($71.2m), according to data issued…

Interview

Dato Ali Apong, Minister of Primary Resources and Tourism: Interview
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Interview:Dato Ali Apong How do you see the primary resources and tourism sectors playing a major role in the development and growth of the country’s economy? DATO ALI APONG: The Ministry of Primary Resources and Tourism (MPRT) is committed to ensuring that the primary resources and tourism sectors or industries become significant contributors to the development and growth of the country’s…

Overview

Brunei Darussalam explores agro-industy and rice cultivation to help assure food security
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In 2007-08, South-east Asia was hit by an unprecedented shortage of staple food products. A number of factors have been blamed for the disaster, including droughts, a surge in costs, low stockpiles, increasing demand from growing middle-class populations and speculation over commodity prices. In response, the governments of many countries in the region embarked on efforts to ensure that they would…

Analysis

Fishing and aquaculture hold promise for Brunei Darussalam's economy
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With recent official forecasts of the Sultanate’s aquaculture sector turning into a BN$2bn ($1.4bn) industry, even as Brunei Darussalam continues to be one of South-east Asia’s top consumers of fish, the marine food sector looks set for major expansion in the years ahead. Aquaculture in particular dovetails with the Sultanate’s wider plans to boost its food processing industry, largely channelled…

Chapter

The Report: Brunei Darussalam 2016: Agriculture
OBG
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In 2007-08 South-east Asia was hit by an unprecedented shortage of staple food products. A number of factors have been blamed for this event, including droughts, a surge in costs, low stockpiles, increasing demand from growing middle-class populations and speculation over commodity prices. In response, the governments of many countries in the region embarked on efforts to ensure that they would not…

Country Report

The Report: Brunei Darussalam 2016
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Despite economic and legal changes now under way, Brunei Darussalam remains well positioned to continue on its current trajectory of steady economic growth and political stability. The increasing focus on economic diversification, and the ongoing growth of the non-energy sectors, bodes well for the Bruneian economy, as does further exploration and improved efficiency in the oil and gas industry. F

Economic News

Fisheries expansion goes onshore in Brunei Darussalam
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Onshore developments, including aquaculture and processing facilities, could help Brunei Darussalam unlock the potential of its burgeoning fisheries industry. The Sultanate is keen to overcome supply gaps and boost the sector’s contribution to GDP, particularly in the value-added segment, as part of a national drive to diversify the economy away from oil and gas. Maritime legacy A one-time maritime…

Analysis

The government is committed to reducing reliance on food imports
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When a widespread shortage of basic foodstuffs occurred worldwide in early 2007 and 2008, global commodity prices for wheat, rice, corn and soybean roughly tripled within a matter of months. The results of these price spikes rippled around the world and led to social unrest, ranging from the hijacking of dozens of truckloads of UN humanitarian grain shipments in Africa to armed guards protecting rice…

Interview

OBG talks to Vijaya Rajendram, CEO, Neptune Bio-Innovations
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Interview:Vijaya Rajendram How likely is it that bio-industry can become a major contributor to the nation’s economic diversification? VIJAYA RAJENDRAM: Brunei Darussalam is a crown jewel for scientists, especially as far as the future of the ethnobotanical industry and herbal medicinal sector are concerned. Over 60% of the nation still consists of forests, which are well conserved, and the…

Interview

OBG talks to Feby Latip, Deputy CEO, Ghanim International Food Corporation
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Interview:Feby Latip In what ways can the halal industry contribute to the country’s economic diversification? FEBY LATIP: When Brunei Wafirah Holdings was set up, one of the objectives of the company was to have a greater role in the economic diversification of Brunei Darussalam. The global halal industry is worth more than $600bn, so there are a lot of opportunities for the nation to exploit…

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Brunei Darussalam Agriculture Sector Research Highlights

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