A high-income country with vast petroleum wealth, robust fiscal reserves and a small, highly-educated population, Brunei Darussalam is unique among the ASEAN community. Oil and gas resources have generated high per-capita income, although the economy has contracted in recent years as a result of falling oil and gas prices, which account for...
When Brunei Darussalam became fully independent from Britain on January 1, 1984, His Majesty Sultan Haji Hassanal Bolkiah announced that this new, yet ancient, country would be forever a Malay Muslim monarchy. These three concepts continue to underpin the political, social, religious and cultural framework surrounding the Sultanate, which has...
While both 2015 and 2016 have held numerous important changes for Brunei Darussalam, the nation has long maintained its unique balance of tradition and modernity. Situated along the coast of the South China Sea, the Sultanate covers 5765 sq km on the north-western coast of the island of Borneo. It shares the island of with the Malaysian states...
CULTURE & ETIQUETTE: Brunei Darussalam is a welcoming and tolerant country, and Bruneians are well accustomed to interacting with foreigners in both business and informal settings. However, certain rules of cultural etiquette should be observed. The Sultanate is an Muslim state, so public...
DAR TAKAFUL IBB 2 SERVICED APARTMENTS Lorong Gerai Timor, Jalan Pemancha, BS8511 T: +673 223 8900 F: +673 223 8909 Dar2.Apartment@takafulbrunei.com.bn www.takafulbrunei.com.bn Rooms: Standard apartment (2 bedrooms), deluxe apartment (3 bedrooms), deluxe premier (3 bedrooms) and executive double storey (3 bedrooms). Health & Leisure...
Although the business environment for insurers is challenging, Brunei Darussalam’s small insurance industry continues to expand gradually. Increasingly high court awards to accident victims have impacted the profitability of mandatory automotive and workers’ compensation insurance, while the government’s local business development policies as well as strong support for...
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