The Report: Brunei Darussalam 2016

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. Furthermore, the development of local capacity across various industries should help ensure sustainable growth, and the coming years will see Brunei Darussalam further ensconce itself within both the ASEAN and global economies.