AMBD to conduct survey for Business Sentiment Index

Starting August 1, Autoriti Monetari Brunei Darussalam (AMBD) will be conducting survey interviews on selected businesses to develop the Business Sentiment Index (BSI).

Selected businesses will be contacted by AMBD personnel, to set up appointments for the interview.

To ensure the health and safety of the respondents, AMBD will take additional precautionary measures against COVID-19, in accordance with the guidelines issued by the Ministry of Health (MoH).

The interviews will be carried out by AMBD personnel who will identify themselves at the beginning of the interviews. The survey is an ongoing one, which will be carried out every month.

The survey aims to develop the BSI, a monthly published index, to measure the level of business sentiment or confidence in Brunei Darussalam, while more than 600 businesses have been selected to represent the various sectors within Brunei Darussalam’s economy.

Respondents should expect general questions regarding the current and future business conditions, investments, employment of workers, as well as costs of running their businesses. Their responses will be kept confidential and no personal information will be collected, aside from their names and contact information.

“Monitoring the level of business sentiment is important, as it acts as key barometer and leading indicator of business conditions, as well as measuring the overall health of the economy. Business confidence drives business growth and investment, and supports employment opportunities,” said the AMBD in its statement.

“The BSI aims to provide additional valuable insights into how Brunei Darussalam’s economy is faring, from the perspective of businesses in general. Over time, the information gathered may also be used by policymakers to establish necessary policies towards further developing the economy.”

For further information and enquiries regarding the BSI as well as the survey, the technical notes on the methodology and the list of survey questions are available on the AMBD website at www.ambd.gov.bn.

Respondents may also contact the AMBD at 2388388, to verify the authenticity of an interviewer.