The ASEAN Economic Community (AEC) is set to allow the free flow of goods, services, investments and skilled labour, while facilitating the movement of capital across the region. Formally established on December 31, 2015, the community is built on a series of agreements and pillars that establish a stable foundation for liberalised trade and...
As a result of a 2012 law that restricts property ownership in the Sultanate to citizens, as well as plans to institute sharia law in the country, Brunei Darussalam has become a profitable market in which to sell overseas property. Indeed, investment opportunities in Brunei Darussalam’s property market have proved to be unattractive for...
As Brunei Darussalam prepares to expand its economic activity away from oil and gas, it is looking toward other sectors to contribute further to GDP. The transport industry has thus found itself in the spotlight, with expectations of the sector’s economic and strategic input to growth running high.
As private car ownership proliferates in the Brunei Darussalam, its streets and highways are becoming increasingly congested, and road-related injuries and fatalities are a growing trend. The Sultanate’s reliance on the automobile has been blamed on a lack of public transport, attractive deals and loan options on vehicle purchases, and low...
In line with much of the transport sector in Brunei Darussalam, Royal Brunei Airlines (RB) underwent a five-year restructuring process between 2011 and 2016. This overhaul involved rebranding, service enhancements and simplification of the flight network and fleet, including the assimilation of South-east Asia’s first Boeing 787-8s. These...
Despite a well-funded education system and a number of ICT skills development programmes, Brunei Darussalam’s ICT-sector workforce could benefit from better alignment with industry requirements. In addition, adding a focus on up-skilling and expanding the competencies of current ICT specialists would help to grow it into a sector that is able...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×