BBYB 2019

Borneo Bulletin Yearbook 2019

For decades, Brunei Darussalam has enjoyed considerable affluence, thanks

to its exports of crude oil and natural gas to resource-hungry neighbours like

Japan and India. However, record low oil prices in the last few years have

prompted the government to make extensive effort to diversify its economy

and encourage more foreign direct investment (FDIs).

Last year’s Borneo Bulletin Yearbook (BBYB) highlighted FDI projects that

contributed to diversifying the country’s economy. The BBYB 2019 will turn

its attention to the government and private sectors’ efforts to digitalise the

economy and transform the country into a physical and digital business

gateway to ASEAN.

The content will feature key information about Brunei with special focus

on the Halal industry, innovative technology and creative industry, business

services, tourism and the oil and gas industry. BBYB 2019 will highlight

the government’s role in creating jobs, business opportunities and DARe’s

(Darussalam Enterprise) role in stimulating the business ecosystem in

Brunei.

This comprehensive guide will include interviews with key government

officials, who will give their insights into the country’s economic outlook.

Captains of industry from business associations and regulatory bodies will

also be sought after for their views on Brunei’s progress.

Success stories of foreign direct investors who have established themselves

in Brunei will also be examined, providing evidence and incentives for other

prospective investors to consider. Local companies who have enjoyed

measurable success in their field will also be touched upon.

Unlocking Brunei’s Digital and Diverse Economy

PREFACE