Encouraging increase in Brunei’s GDP

WITH the recovery in global oil prices, Brunei has seen an encouraging increase in its gross domestic product (GDP), and is hoping to maintain this positive momentum by stepping up its various economic diversification initiatives. Notable efforts include implementing FDI projects focussed on sectors that hold huge potential for growth, such as the technology and creative industries, tourism, downstream oil and gas, business services, and Halal manufacturing.  More details in Friday’s Borneo Bulletin