With Brunei Darussalam officials busy exploring new avenues to diversify the Sultanate’s economy away from petrochemicals, attention is being directed toward previously underdeveloped sectors for economic expansion. As demonstrated by the elevation of tourism to ministerial status under the Ministry of Primary Resources and Tourism (MPRT) in...
Tourism operators in the Sultanate have experienced an eventful few years. A government reshuffle in late 2015 seemed aimed at increasing the focus on the tourism sector, lending hope to many private sector operators that the government would begin supporting growth and expansion of the industry in earnest.
As the world’s only Malay Islamic Monarchy, Brunei Darussalam is in a unique position to promote a sharia-compliant Islamic heritage tourism product attractive to observant Muslim families and others. Such a promotion would be a favourable strategy in the country’s efforts to expand its tourism sector and diversify the economy. Spending on...
With recent official forecasts of the Sultanate’s aquaculture sector turning into a BN$2bn ($1.4bn) industry, even as Brunei Darussalam continues to be one of South-east Asia’s top consumers of fish, the marine food sector looks set for major expansion in the years ahead. Aquaculture in particular dovetails with the Sultanate’s wider plans to...
In 2007-08, South-east Asia was hit by an unprecedented shortage of staple food products. A number of factors have been blamed for the disaster, including droughts, a surge in costs, low stockpiles, increasing demand from growing middle-class populations and speculation over commodity prices. In response, the governments of many countries in...
A number of large-scale construction projects are currently being rolled out in Brunei Darussalam that look set to make a significant contribution to the national economy, greatly facilitating the Sultanate’s connectivity and potentially leading to further substantial construction opportunities. In addition, several small-sized infrastructure...
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