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Brunei economy

Brunei seeks investments in maritime sector

The small sultanate of Brunei, grappling with low oil and prices in an economy heavily concentrated on hydrocarbon exports, is now opening its maritime...
IMF says Brunei’s economy to contract sharply in 2016

The International Monetary Fund (IMF) expects Brunei's economy to contract by a whopping two per cent this year,  a figure much lower than its...
Brunei defense budget to be raised by 5%

Brunei's Legislative Council proposed an increase of the defense budget for the 2016-17 fiscal year of about five per cent to 564 million Brunei...