The recent rise in the oil price bodes well for the country’s financial sector.
Asia-Pacific
Latest articles from Brunei
World
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Top 100 Asean banks ranking 2016: Vietnam on the rise
April 1, 2016Vietnam is on its way to becoming a heavyweight presence in south-east Asia, with the top ranking for asset growth, while Indonesia retains its crown as the most profitable country in the region.
World
/ Asia-Pacific
/ Brunei
TPP to benefit a third of global economy
October 12, 2015
Signatories hope the landmark trade deal will bolster trade worldwide after a tepid recovery from the crisis.
World
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/ Brunei
Brunei's banks unperturbed by oil price drop
June 1, 2015Hydrocarbon resources account for more than 90% of exports and more than 50% of gross domestic product in Brunei. But, thanks to the country's historical surpluses and government's spending discipline, it has weathered the storm of falling oil prices relatively well, with local banks remaining in profit and even eyeing growth.
World
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/ Brunei
Asean capital markets integration: around the corner?
April 2, 2015
As the Association of South-east Asian Nations enters the last year in the run-up to its planned economic integration, Singapore, Thailand and Malaysia are on track to harmonise their capital markets, while others are dragging their feet.
World
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/ Brunei
Top 100 Asean banks ranking, 2015: Indonesia and Philippines make headway
April 1, 2015There might not be much movement among the top positions in this year’s Top 100 Association of South-East Asian Nations Banks ranking, but Filipino lenders are on the rise, while Indonesia’s banks boast the highest returns.
World
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/ Brunei
The struggle to find the right Islamic banking model
November 7, 2012The steady growth of sharia-compliant assets suggests banks believe in the future of the sector, but the dismantling of the largest cross-border Islamic window raises questions about whether global banking groups can make a success of the business.
World
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/ Brunei
Brunei diversifies to sustain growth
August 2, 2004Oil has made Brunei a wealthy country. However, if the current economic growth is to be maintained, the tiny Asian sultanate requires a wider spread of industries contributing to its income. Simon Montlake reports.
