One of the main reason is, as the country population is small, instead of producing, the country prefer to import especially in consumers products, such as F&B, retail, etc. Brunei, the country’s manufacturing industry is not much developed yet. The export value from Malaysia alone for the year 2008 is valued at RM1.4 billion. Bilateral ...
Brunei main industry is its oil & gas sector which contributed almost 90% of the country’s revenue. Brunei is a government sector driven economy, instead of private sector economy. Currently the Brunei Government is promoting to diversify the country’s economy, an effort to not depend solely on the oil & gas industry. I believe this is a ...