Cheap, plentiful energy has long been a precondition of the industrial age. In recent years, however, conventional reserves of fossil fuels have been steadily dwindling. With renewables not yet sufficiently developed to end our dependence on these resources, the world seemed to face a stark choice: return to more hazardous and polluting sources such...
The halal industry is expected to be one of Brunei Darussalam’s strongest economic diversifiers. Indeed it is hoped the Sultanate will come to be regarded as a serious player in expanding the global halal market, estimated to be worth an annual $2.1trn.
The current tax rates in Brunei Darussalam are expected to help grow the economy. Individuals do not to pay any personal income tax, and sole proprietorships and partnerships also continue not to be subject to any form of taxes, a move designed to encourage the growth of small and medium-sized enterprises and support economic diversification in the...
The government of Brunei Darussalam has in recent years put a great deal of effort into planning new projects, keeping contractors’ interest with its willingness to spend significant sums. However, the construction sector has encountered a number of delays in both the planning and execution of its projects. The construction sector had a relatively...
With a near-pristine environmental record and more than 70% of its territory covered by tropical rainforest, Brunei Darussalam has strong potential to capture a sizeable share of the growing Asian ecotourism and family holiday market. Indeed, having avoided the brash materialism that typically characterises petrodollar wealth, the country is host to...
Brunei Darussalam is a tolerant and accepting 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 Islamic state, so public displays of affection between sexes should be avoided and the consumption and...
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