Economy

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For decades, when Turks spoke of their relationship with Kurds in the south-east of Turkey, the topic was usually terrorist bombings, or youthful years spent manning a military outpost on a remote mountainside in sub-zero temperatures. In 2013, the topics are the potential for resolution talks to bring about an investment upgrade, the big oil...

Prime Minister Recep Tayyip Erdoğan’s government is undertaking a bold resolution process that could remake domestic politics and enhance its foreign policy clout When the bodies of three ex-members of the outlawed Kurdistan Workers Party (PKK) were found in a Paris office, the real target appeared to be a fledgling resolution process thousands...

Monetary policy is not as simple or predictable as it used to be anywhere, but Turkey’s central bank governor, Erdem Başç›, is breaking new ground in making things more complicated and keeping people guessing. Since being promoted from deputy governor in 2011, Başç› has been alternately criticised and applauded for the innovative and often...

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...

Blessed with great hydrocarbons wealth and a population of 425,000 set in 5770 sq km, Brunei Darussalam has never had to exploit its natural biodiversity to sustain growth in its contemporary history. Logging and oil palm plantation, two of the greatest causes of deforestation in the region, have no real place in its economy, leaving an...

The Sultanate has created an extensive public sector that dominates Brunei Darussalam’s economy and, in many ways, forms an extension of the generous welfare system – providing jobs and security to the local population. According to figures provided by the Department of Economic Planning and Development at the Prime Minister’s Office (JPKE), the...

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