There were 29 results found for Brunei Darussalam and Agriculture

There were 29 results found.

Interview

OBG talks to Pehin Dato Yahya Bakar, Minister of Industry and Primary Resources
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Interview:Pehin Dato Yahya Bakar How is the government focusing its efforts in the short term for greater industrial development? PEHIN DATO YAHYA BAKAR: There are several distinct areas of focus in two broad categories: primary resources development, and industry and entrepreneur development. Primary resource development encompasses agriculture, agri-food, fisheries and forestry, as well as…

Overview

A commitment to investing in more segments will set the sector on the right track
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While constrained by a relatively small labour pool and limited domestic resources, Brunei Darussalam’s industrial sector is nevertheless seeking to carve out a significant niche for itself in the country’s growing economy. In order to achieve a larger role for the sector going forward, the Sultanate is focusing on some of its key strengths, such as its young and well-educated workforce, developed…

Overview

By focusing on niche segments the sector is sure to grab a greater share of the market
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The country is currently in the midst of an ambitious agricultural reform campaign designed to ease the Sultanate’s heavy reliance on foreign imports by increasing domestic output of key commodities such as rice, fish, crops and livestock. Limited by a dearth of plantable land – just 1% of Brunei Darussalam’s already small land mass is gazetted for agricultural use – the agricultural, forestry…

Analysis

Global food safety concerns offer potential for both Muslim and non-Muslim markets
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Taking advantage of Brunei Darussalam’s core competencies, including its international reputation and an observant Islamic culture with strict adherence to halal standards, the country is looking to serve the growing global demand for sharia-compliant products by expanding its own stable of halal offerings. Derived from the Arabic word meaning permissible, halal is a term widely used to designate…

Chapter

The Report: Brunei Darussalam 2014: Industry & Agriculture
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The 2014/15 budget allocated $92.9m, out of a total of $902.4m, for the industry and trade sector under the 10th National Development Plan. Much of the current manufacturing sector is built around downstream energy applications, such as petrochemicals, although the country continues to encourage growth in other light industry and knowledge-based segments, including ICT and niche halal products. The…

Economic News

Brunei Darussalam eyes ‘agri-tech’ route to self-sufficiency
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Innovative agricultural initiatives launched in Brunei Darussalam, such as developing new rice hybrids and growing plants in water, underline how agro-technology can edge the Sultanate closer to its goal of food self-sufficiency. Figures released by the Department of Agriculture and Agrifood (DAA) in November showed that the agrifood sector, which excludes livestock and crops, made up nearly 30% of…

Economic News

Brunei Darussalam ups the focus on water security
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With a growing population and expanding economy heaping the pressure on Brunei Darussalam’s water supply, the Sultanate has upped investment in storage and processing infrastructure, while also calling on its people to reduce consumption. Bruneians use an estimated 450 litres of water per person daily, according to data from the Ministry of Development, giving the country a consumption rate which…

Economic News

Adding value to agriculture in Brunei Darussalam
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Efforts are under way to direct greater focus to Brunei Darussalam’s agriculture sector, in order to both improve food security and create a niche in the global market. Crude oil and natural gas production comprise 60% of GDP and more than 90% of exports, while the agriculture sector’s share of GDP is only 0.72% and employs just 1.4% of the population. To overcome its dependency on food imports,…

Economic News

Brunei Darussalam: New era for farming and food production
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A drive to improve food security under way in Brunei Darussalam will see the government release land for livestock production, develop irrigation systems and step up cooperation with other countries. The move forms part of a broader bid to galvanise the agriculture sector into helping the Sultanate achieve food self-sufficiency in the longer term.In March, the Minister of Industry and Primary Resources…

Analysis

Golden fries: Back from the edge, shrimp are set to lead the aquaculture industry
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Identified early on as a potentially lucrative source of revenue, aquaculture has taken centre stage in the reengineering of Brunei Darussalam’s fisheries industry. With a shift away from capture fisheries amidst growing restrictions on trawlers, fish and shrimp revenues are expected to reach BN$200m ($156m) by 2023, over half the fisheries industry’s total projected value. While Brunei…

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There were 29 results found for Brunei Darussalam and Agriculture

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