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Borneo's economy depends mainly on agriculture, logging and mining, oil and gas, and ecotourism. [156] Brunei's economy is highly dependent on the oil and gas production sector, and the country has become one of the largest oil producers in Southeast Asia. The Malaysian states of Sabah and Sarawak are both top exporters of timber. [156]
The economy of Brunei, a small and wealthy country, is a mixture of foreign and domestic entrepreneurship, government regulation and welfare measures, and village traditions. It is almost entirely supported by exports of crude oil and natural gas, with revenues from the petroleum sector accounting for over half of GDP.
Three Came Home is a 1947 memoir written by Agnes Newton Keith, based on her experiences during the Japanese invasion of North Borneo.A film based on it was released in 1950 and featured Claudette Colbert in the lead role. [1]
Tourism plays a crucial role in the state's economy as the third largest income generating sectors with the state itself recorded a total of 3,879,413 tourist arrivals in 2018, a growth of 5.3% compared to 3,684,734 in 2017. [266] Since the 1950s, rubber and copra are the main source of agricultural economy of North Borneo. [267]
The remainder of Borneo, and its geographically largest part is Kalimantan, part of Indonesia. Economic growth during the 1990s and 2000s, with its gross domestic product (GDP) increasing 56% from 1999 to 2008, transformed Brunei into an industrialised country.
Agnes Newton Keith (born Agnes Jones Goodwillie Newton; July 4, 1901 – March 30, 1982) was an American writer best known for her three autobiographical accounts of life in North Borneo (now Sabah) before, during, and after World War II.
The Lanfang Republic (Chinese: 蘭芳共和國; pinyin: Lánfāng Gònghéguó, Pha̍k-fa-sṳ: Làn-fông Khiung-fò-koet), also known as Lanfang Company (Chinese: 蘭芳公司; pinyin: Lánfāng gōngsī), was a Kongsi republic in Western Borneo in the territory of Sultanate of Sambas.
The present-day area of "Ellena", once a colony of the United States in present-day Kimanis, Sabah, Malaysia.. The American Trading Company of Borneo was a chartered company formed by Joseph William Torrey, Thomas Bradley Harris and several Chinese investors shortly after the acquisition over a parcel of land in northern Borneo from the Sultanate of Brunei. [1]