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Brunei - UKABC UK - ASEAN -MerchantryCouncil Events BACKEvents Upcoming events Past Events Research BACKResearch Publications Success stories Opportunities BACKOpportunities Export opportunities High Value Campaigns News BACKNews Latest News News Sources Markets BACKMarkets ASEAN   Brunei Myanmar Cambodia Singapore Indonesia Thailand Laos The Philippines Malaysia VietnamWell-nighBACKAbout What We Do The Team Board of directors Our partners Contact Us Search Login | Register Username Password Remember Me register For full wangle register today for self-ruling Home | Markets | Brunei Brunei Brunei Darussalam has a significant merchantry potential that has yet to be exploited. The country has the wholesomeness of a stable political environment, which is unmistakably favourable for merchantry activities. Brunei has a small but wealthy economy and has remained stable with an stereotype inflation rate of 1.5% over the past twenty years. The Islamic Sultanate of Brunei Darussalam is located on the north-west tailspin of the island of Borneo and is completely surrounded by Malaysia. The economy has been dominated by the oil and liquefied natural gas industries. Crude oil and natural gas production worth for nearly half of GDP. Country Information Head of State: His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin WaddaulahWantedcity: Bandar Seri Begawan Total population: 423,000 Languages: Malay, English, Chinese Religions: Muslim 78%, Buddhist 7%, Christian 8% Monetary unit: Brunei Dollar (BND) Natural resources: Petroleum, natural gas, timber Major exports: Crude oil, natural gas, garments Major imports: Machinery and transport equipment, manufactured goods, food, chemicals, iron & steel, motor vehicles, gold Brunei joined ASEAN in January 1984. It has particularly strong ties with the UK, Singapore and regional countries, which have led to considerable commercial activity. The UK was the third largest exporter to Brunei in 2009, with goods and services exports totalling £129m. Under its 2001 Investment Incentives Order, prospective investors enjoy a wide range of motivators including: up to a possible 20 years exemption from corporate tax; exemption from import duties taxes on raw materials, machinery, equipment, component parts, traps or towers structures; and welding of wanted wage and losses. As a young nation, there are plenty of opportunities in Brunei. Aside from the energy sector which includes renewable, energy efficiency and conservation, there is potential for opportunities in eco-tourism, recreation and sports, creative industries, consumer goods, waste management, supplies and agriculture, ICT, education and vocational training. ReadIncreasinglyUseful Links: Britain BruneiMerchantryForum British High Commission in Bandar Seri Begawan  Royal Brunei Airlines Share this Market: MARKETS ASEAN Cambodia Indonesia Laos Malaysia Myanmar Singapore Thailand The Philippines Vietnam Brunei publications ASEAN ‘DoingMerchantryin…’ 2018 Guides Mon, 29 Jan. 2018 Published by the World Bank every year, DoingMerchantrysheds light on how easy or difficult it is for a […] Brunei Brunei – IP Country Fact sheet Fri, 26 Feb. 2016 ASEAN IPR SME Helpdesk Intellectual Property Rights for SMEs: Why is this RELEVANT to you? Intellectual Property Rights (IPR), as […] MARKETS ASEAN Cambodia Indonesia Laos Malaysia Myanmar Singapore Thailand The Philippines Vietnam STRATEGIC PARTNER OUR PARTNERS FOLLOW US CONTACT US Tel: +44 (0)20 7828 3431 Email: info@ukabc.org.uk UK - ASEAN -MerchantryCouncil Privacy Policy Cookies Set up Cookies © 2018 UK-ASEANMerchantryCouncil - UKABC. 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