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 …
Rising food prices have no major impact on the poor so far, says CSPS
May 17th, 2021 BANDAR SERI BEGAWAN – The rising cost of goods and services has not had a significant impact on poor households over the past year, according to the …
CSPS: Domestic tourism gains momentum amid border closures
May 13th, 2021 BANDAR SERI BEGAWAN – Domestic tourism demand has picked up as border closures have prompted increased local spending but the recovery of international travel remains uncertain, the …
Graduate unemployment remains high as skills mismatch persists
February 5, 2021 The number of unemployed university graduates remains high despite falling unemployment rates in recent years, according to government data. Citing figures from JobCentre Brunei, the Centre for …
Low oil revenue projected to push fiscal deficit to 15% of GDP
February 3, 2021 BANDAR SERI BEGAWAN – Brunei is poised to experience a budget shortfall for the seventh year running in 2021 after the fiscal deficit worsened last year, projections …
Another feather in MCYS hat with launch of two books
December 2, 2020 The Ministry of Culture, Youth and Sports (MCYS) launched the National Youth Policy and Strategy 2020-2035 (DBNS 2020-2035) and Volunteer Guidelines books at the Youth Centre in …