The government of Brunei Darussalam has taken the initiative with regards to fostering a strong ICT sector in the Sultanate. The government is mindful of technology’s potential to create value for the country’s economy and to ensure social development for its citizens. To date, government officials, in concert with the private sector, have initiated various strategic ICT infrastructure...
Asia ICT
Commanding the second-highest GDP per capita of all ASEAN nations, at $40,979 in 2014, Brunei Darussalam remains one of the most advanced economies in the South-east Asian region. This is in large part due to the Sultanate’s well-developed energy sector; however, with oil and gas prices falling substantially from mid-2014, new efforts are being made to increase the efficiency of production and diversify the economy to ensure future stability and sustainability.
Displaying 1 - 6 of 488
Economic update | Russia’s invasion of Ukraine elevates cybersecurity concerns for emerging markets
22 Jun 2022
Russia’s invasion of Ukraine has caused disruptions across the global economy, from food to energy, but it has also prompted an increase in the number and sophistication of cyberattacks, exacerbating similar impacts from the Covid-19 pandemic.
The onset of the pandemic in 2020 gave rise to global acceleration in the uptake of digital platforms and services. This surge was consolidated in 2021, as it became clear – in emerging and developed economies alike – that digital is the new normal.
Indonesia’s commitment to environmental, social and governance (ESG) principles is clear from its 2022 G20 Presidency focus on sustainability and environmental leadership, with topics likely to include digitalisation and sustainable finance.
Economic update | Report: How important will Indonesia’s digital economy be for long-term, inclusive growth?
30 Jun 2021
Indonesia’s economy experienced a milder slowdown in 2020 than its ASEAN-5 neighbours, according the IMF’s April 2021 World Economic Outlook, and also fared better than 16 other G20 members.
Economic update | Covid-19 and the digital divide: how can emerging economies boost their ICT infrastructure?
18 Feb 2021
While the coronavirus pandemic has rapidly accelerated digital transformation around the world, many emerging economies are still afflicted by inadequate ICT infrastructure, limiting their capacity to fully capitalise on the opportunities that are emerging from the disruption. This provides scope for public and private actors to collaborate in closing the gap.
Economic update | Covid-19 and cyberattacks: which emerging markets and sectors are most at risk?
17 Feb 2021
The coronavirus pandemic has helped drive the rapid growth of digital solutions. While this has enabled a number of positive developments, it has also exposed many sectors to a heightened threat of cyberattacks.