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In 1999, Brunei's natural gas production reached 90 cargoes per day. A small amount of natural gas is used for domestic power generation. Brunei is the fourth-largest exporter of LNG in the Asia-Pacific region behind Indonesia, Malaysia, and Australia. Brunei's proven oil and gas reserves are sufficient, as of 2015, to last until at least 2035 ...
The Brunei Economic Development Board (BEDB) [a] is a statutory body established in 1975 under the Brunei Economic Development Board Act (Chapter 104). [ 3 ] [ 4 ] This legislation created the BEDB as a corporate entity with perpetual succession, empowering it to spearhead economic development initiatives in Brunei. [ 5 ]
Brunei's Internet service was monopolized by Telekom Brunei. ADSL speeds were ranging from 512 kbit/s to the maximum speed of 1 Mbit/s through ADSL2+ broadband. 1 Mbit/s was introduced in 2006 and was priced at BND$128 per month (Equivalent to Singapore currency). It was well known that the Brunei's broadband ranging from 512 kbit/s to 1 Mbit/s ...
Brunei has the second-highest Human Development Index (HDI) among the Southeast Asian nations, after Singapore, and is classified as a 'developed country' by the United Nations. [1] According to the International Monetary Fund (IMF), Brunei is ranked fifth in the world by gross domestic product per capita at purchasing power parity .
The Department of Economic Planning and Statistics (DEPS) [a] is a government department overseen by the Ministry of Finance and Economy (MoFE). The department is in accordance to Wawasan Brunei 2035, it wants to support Brunei's long-term, sustainable economic growth by providing globally-recognised statistical data, implementation of the National Development Plan (NDP), and planning.
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To make internet access easier, the BruNet service was launched in 1995. Notable IT advancements during RKN 7 included the establishment of official and local organisation websites. In 2000, Brunei became the first country to issue a Smart Identification Card by using biometric technology and a "smart card." In an effort to encourage youngsters ...
The Brunei Investment Agency (BIA) is a government-owned corporation [1] that reports to the Ministry of Finance and Economy of the government of Brunei. Established in 1983, its offices are located in Bandar Seri Begawan at the Ministry of Finance Building . [ 2 ]