With market penetration for subscribers stabilising at just below 105% over the past several years and voice revenue stagnant, the Sultanate’s mobile operators are entering a challenging new era that will require innovative solutions. “We are confronting the same challenges that telecoms are facing worldwide: declining voice and SMS revenue,...
Steeped in the history and traditions of South-east Asia and of the island of Borneo, the Sultanate of Brunei Darussalam is an ancient nation. Strategically located in a fast-growing and fast-changing region, it has also long been a haven of stability and continuity. Indeed, the current ruler, His Majesty Sultan Haji Hassanal Bolkiah, is the...
The Association of South-East Asian Nations (ASEAN) is set to declare itself a common market at the end of 2015, in a move that will create new opportunities for investors in a region that boasts not only some of the world’s fastest-growing economies, but also an expanding middle class. “ASEAN and South-east Asia are one of the few really bright...
With a small population and limited non-hydrocarbons exports, Brunei Darussalam’s transport system has long been considered adequate to handle current volumes of trade and traffic. While the country’s infrastructure is modern, it is comparatively basic: the single-runway Brunei International Airport (BIA) and the small port at Muara handle the vast...
The Sultanate is prioritising ICT in its economic diversification plans, which would reinvent the country as a centre of technology, education, health care and financial services. The government has set a goal of raising ICT’s contribution to the economy from 1.6% of GDP in 2010 to 6% by 2015. Brunei Darussalam has certain demographic advantages,...
The sukuk, a form of Islamic bond, has become one of the most popular and recognisable Islamic financial instruments globally. In Brunei Darussalam, sukuk issuance has been growing steadily, but it remains in its infancy and investors have few options in the fixedincome market. In the medium term, sukuk is likely to be a key component in...
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