Is capitalism the answer to Brunei’s economic woes?
September 26, 2013
With Brunei posting a dismal GDP growth of 1.5 per cent in 2012, it is often easy to point fingers at the government authorities for their incompetence. But whatever the…
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Lee: ASEAN economic integration ‘economically difficult’
Singapore Prime Minister Lee Hsien Loong in a statement in September 17 said that achieving the ASEAN Economic Community (AEC) will "depend on the political will of member states," and…
GDP per capita in ASEAN doubled since 2000
Real gross domestic product (GDP) per capita in purchasing power parity in ASEAN has almost doubled from $2,882 in 2000 to $5,581 in 2011, according to a report launched on…
Solar power, a viable alternative for Brunei
Brunei has made the energy sector in Southeast Asia sit up and take notice with its announcement that the oil-rich state will introduce a Feed-In-Tariff system for solar power, a…
Brunei family buys entire London street
A family from Brunei has reportedly bought 75 per cent of property along Queensway, the west London thoroughfare, in a series of deals worth around $775 million. The deals were…
Halal at its best: Islamic Miss World planned
The dispute over the Miss World 2012 beauty pageant currently held in Indonesia – the world’s most populous Muslim country – and strongly rejected by the hardline Muslim community, is…
Obama’s ASEAN trip confirmed for October
The White House on September 14 confirmed that US President Barack Obama will travel to ASEAN from October 6 to 12 and visit four countries, Malaysia, Indonesia, Brunei and the…
Sultan of Brunei on hotel buying spree
Brunei’s Sultan Hassanal Bolkiah, who via the Brunei Investment Agency controls the Dorchester Collection, chain of currently 9 luxury hotels in the US and Europe, is eyeing to add at…
Brunei takes the renewable energy path
The Sultanate of Brunei announced on September 9 announced that it will introduce a feed-in tariff model for renewable energy in the nation in order to reach its goal of…
Insights on Brunei’s global competitiveness ranking
The Global Competitiveness Report 2013-2014 of the World Economic Forum (WEF) has shed an interesting light on the current state of Southeast Asian economies, and specifically Brunei. The Sultanate went…
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