we can clearly see that there will be an increase in marine activities and the farming sector in the years to come. To fulfil the demands of both local and international markets, our company plans to venture into value-added retail seafood products aimed at the mass market and finalise export to the EU and Australia. This step, facilitated by the government, is crucial for...
Interviews & Viewpoints | OBG talks to Richard Chuang, Managing Director, Golden Corporation, and General Manager, Semaun Marine Resources from The Report: Brunei Darussalam 2013
Articles & Analysis | Golden fries: Back from the edge, shrimp are set to lead the aquaculture industry from The Report: Brunei Darussalam 2013
Identified early on as a potentially lucrative source of revenue, aquaculture has taken centre stage in the reengineering of Brunei Darussalam’s fisheries industry. With a shift away from capture fisheries amidst growing restrictions on trawlers, fish and shrimp revenues are expected to reach BN$200m ($156m) by 2023, over half the fisheries industry...
Articles & Analysis | Global recognition: The flagship halal brand is making its mark abroad from The Report: Brunei Darussalam 2013
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.
Articles & Analysis | Focus on food security: Self-sufficiency and increased capacity are central aims from The Report: Brunei Darussalam 2013
Growing global food insecurity has turned Brunei Darussalam’s attention back toward its farms. Pursuing self-sufficiency across all sectors over two decades, the government is funding an overhaul of sector practices with the aid of foreign expertise. The goal of achieving economic diversification away from the energy sector has led the government to...
Chapter | Agriculture from The Report: Brunei Darussalam 2013
As ASEAN chair in 2013, Brunei Darussalam has a regional agenda to push forward alongside its domestic plans for the year. Chief among its local priorities is developing alternative resources streams in its economy, which has long been driven by its oil and natural gas revenues.