In what ways can the halal industry contribute to the country’s economic diversification?
Interviews & Viewpoints | OBG talks to Feby Latip, Deputy CEO, Ghanim International Food Corporation from The Report: Brunei Darussalam 2014
Articles & Analysis | Global food safety concerns offer potential for both Muslim and non-Muslim markets from The Report: Brunei Darussalam 2014
Taking advantage of Brunei Darussalam’s core competencies, including its international reputation and an observant Islamic culture with strict adherence to halal standards, the country is looking to serve the growing global demand for sharia-compliant products by expanding its own stable of halal offerings. Derived from the Arabic word meaning permissible, halal is a...
Articles & Analysis | A commitment to investing in more segments will set the sector on the right track from The Report: Brunei Darussalam 2014
While constrained by a relatively small labour pool and limited domestic resources, Brunei Darussalam’s industrial sector is nevertheless seeking to carve out a significant niche for itself in the country’s growing economy. In order to achieve a larger role for the sector going forward, the Sultanate is focusing on some of its key strengths, such as its young and well-...
Articles & Analysis | By focusing on niche segments the sector is sure to grab a greater share of the market from The Report: Brunei Darussalam 2014
The country is currently in the midst of an ambitious agricultural reform campaign designed to ease the Sultanate’s heavy reliance on foreign imports by increasing domestic output of key commodities such as rice, fish, crops and livestock. Limited by a dearth of plantable land – just 1% of Brunei Darussalam’s already small land mass is gazetted for agricultural use – the...
Chapter | Industry & Agriculture from The Report: Brunei Darussalam 2014
The 2014/15 budget allocated $92.9m, out of a total of $902.4m, for the industry and trade sector under the 10th National Development Plan. Much of the current manufacturing sector is built around downstream energy applications, such as petrochemicals, although the country continues to encourage growth in other light industry and knowledge-based segments, including ICT and niche halal products...
Plans for increased spending on infrastructure developments are set to support further growth in Bahrain’s industrial sector via improved transport links and the construction of new large-scale facilities. However, falling oil revenue may impact funding availability for some capital works, potentially cooling long-term prospects in the sector.