Brunei Darussalam

Displaying 157 - 162 of 199
Brunei is one step closer to more than doubling its oil refining capacity, as the sultanate's government has given locally based energy firm PetroBru the all-clear to undertake a detailed feasibility study into building the country's second refinery.
In light of increased competition from economies worldwide, Brunei Darussalam's standing has fallen slightly in the latest comparative report released by the World Bank and the International Finance Corporation (IFC) on the ease of doing business.
Though Brunei is currently an exporter of both oil and natural gas, the country is nevertheless looking to diversify its energy supplies for the future, with solar power being considered a viable option for when fossil fuel reserves start to decline.
Brunei Darussalam is seeking to tap into the non-food halal production, with both pharmaceutical products and side materials offering great potential.
The sultanate is seeking to establish its credentials as an international arbitration centre, looking both to boost the economy and attract overseas investors by guaranteeing a creditable dispute resolution mechanism.
Brunei has moved to lock up more of its natural forests by reducing commercial timber quotas and increasing the total area of land covered by conservation orders.

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