Economy, trade
, economic
one. Brunei's oil was the third largest in the region. After Indonesia and Malaysia The revenue from oil and natural gas. Revenue from oil and gas exports are worth more than 90 percent of the value of total exports. By exporting to Japan, England, Thailand, Singapore, Taiwan, the United States, the Philippines and South Korea, the price of oil on world markets rose during the year 2547 and 2548 impact on the economy, the last in November 2544, the government established the National Petroleum (Petroleum Brunei). The agency determined the oil and gas policies. Meanwhile, Brunei's imports, mainly from Singapore, Malaysia, the UK, United States of machinery, industrial equipment, automotive electronics and other agricultural products such as rice and fruit
2. Brunei's industries other than the oil industry, such as some food and tools. Clothes To be exported to countries in Europe and America, the Brunei government aims to develop the food processing and beverage manufacturing, garments and textiles, furniture from wood. Non-metallic building materials Manufacturing glass for automotive glass, however, development was slow. Since there are various obstacles such as lack of skilled small market listlessness of civil servants. A ban on foreigners owning land. Including rules that are unfavorable. Foreign investors do not favor making
three. For the industrial sector, Brunei has developed in earnest in 2548, is the tourism industry. With an emphasis on eco-tourism The government has allocated funds to promote tourism for the year 2548 already 1.6 million dollars of Brunei. The turnover in tourism in 2547 has grown to be satisfactory. More than 100,000 tourists visited Brunei, the Brunei government will focus on the country's peace and security is a selling point for
four. Brunei's trying to change the economy's dependence on oil as the main structure of the economy towards a more diverse. The government encourages business and industry have the role. Including promoting foreign investment and measures to liberalize trade and create a climate favorable to investment. Not only domestic companies But the countries of ASEAN and the international community with the addition of the Brunei Government's policy to develop the country as a hub for trade and tourism (Service Hub for Trade and Tourism - SHuTT 2003 Vision) and the cargo handling market. The importance of Southeast Asia, which is one of the projects of the group. Brunei-Indonesia- Malaysia-Philippines-East ASEAN Growth Area (BIMP-EAGA).
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