How COVID affects Brunei’s economy
SEPTEMBER 1, 2022 Brunei Darussalam’s economy contracted by 4.2 per cent year-on-year (y/y) in Q1 2022, following declines in the previous five quarters. The country had experienced such growth outcomes …
Brunei growth outlook cautiously optimistic: CSPS
AUGUST 23, 2022 The economic growth outlook for Brunei Darussalam is cautiously optimistic but with significant downside risks. This was highlighted by the Centre for Strategic and Policy Studies (CSPS) …
Growth projected for Brunei’s economy
FEBRUARY 23, 2022 Various reports and studies have shared projections and statistics pertaining to Brunei Darussalam’s economy. Among them is the Brunei Economic Outlook 2022 published by Centre for Strategic …
Supply shortages to keep inflation high in 2022, says CSPS
january 28, 2022 Consumers are expected to continue paying high prices for goods and services throughout 2022 as inflation will likely remain elevated due to supply chain bottlenecks, the Centre …
Budget deficit could ease to 6.9% of GDP in 2022
january 27, 2022 Another budget deficit is looming for the fourth consecutive financial year in 2022/23, but the Centre for Strategic and Policy Studies (CSPS) said the gap between government …
CSPS: Brunei economy projected to grow 3.7% in 2022
january 26, 2022 The Brunei economy is forecast to bounce back from recession to post a positive growth of 3.7 percent this year, according to the Centre for Strategic and …
Economic diversification wards off volatility, says think tank
August 7, 2021 Economic diversification has long been viewed as a policy priority for resource-dependent countries. This urgency is often underscored by the boom and bust cycles of commodity prices, …
Brunei economic growth outlook remains robust
August 5, 2021 Brunei Darussalam’s economic growth outlook remains robust, but uncertainty looms. Despite a contraction in first quarter (Q1), the Brunei economy is still projected to grow modestly in …
Economic diversification gathers pace as oil reliance wanes: CSPS
August 4, 2021 BANDAR SERI BEGAWAN – Brunei has made “substantial progress” in diversifying its oil-driven economy in recent years, and should continue harnessing its strengths in energy to build …
‘Staycations’ a boost to local tourism says CSPS
May 18th, 2021 Domestic tourism has benefitted from government restrictions of cross-border movement as more people spend locally, according to the Brunei Economic Update, published by the Centre for Strategic …