AMBD to conduct survey interviews for Business Sentiment Index

Autoriti Monetari Brunei Darussalam (AMBD) will conduct monthly survey interviews on selected businesses to develop the Business Sentiment Index (BSI) from April 1.

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

The selected businesses will receive a letter notifying them of their involvement in the project and a suitable representative will be requested to participate in the survey. The interviews will be conducted by AMBD staff who will identify themselves at the beginning of the interviews.

Respondents should expect general questions regarding the current and future business conditions, investments, employment of workers, as well as costs of running their businesses. Responses to the questions are mostly of qualitative nature and all responses will be kept confidential. No personal information will be collected aside from the respondents’ name and contact information.

Monitoring the level of business sentiment is important in many economies as it is a key barometer and a leading indicator of business conditions, as well as measures the overall health of the economy. Business confidence drives business growth and investment, and supports employment opportunities.

The BSI will provide additional insights into how Brunei Darussalam’s economy is faring from the perspective of businesses in general. It is hoped that the information gathered will assist policymakers in formulating appropriate policies to support economic development.

For information, visit www.ambd.gov.bn or contact 2382262 to verify the authenticity of an interviewer.