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Brunei Darussalam

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  • 1.Brunei Darussalam

2. SoutheastAsian country consisting of twounconnected parts Total area of 5,765 square kilometres Neighbours: Malaysia, South China Sea Capital Bandar Seri Begawan Climate: Tropical Equatorial ; Hot, Humid,Rainy (Average annual temperature is 26.1 C)Source : https://www.cia.gov/library/publications/the-world-factbook/geos/bx.html 3. Geography NaturalResources : Petroleum, Natural Gas, Timber NaturalHazards: Typhoons and Earthquakes Close to vital sea lanes through South China Sea linking Indian and Pacific Oceans; two parts physically separated by Malaysia; almost an enclave within Malaysia 4. Gained independence on 1st January, 1984 from UK Govt. Type: Constitutional Sultanate (Malay Islamic Monarchy) Legal System is a mix of English Common Law and Islamic Law Chief of state: Sultan and Prime Minister Sir HASSANAL Bolkiah(since 5 October 1967) Monarch is both the chief of state and head of government Council of Cabinet Ministers appointed and presided over bythe monarch No Elections: The Monarch is hereditarySource : https://www.cia.gov/library/publications/the-world-factbook/geos/bx.html 5. Mixture of foreign and domestic entrepreneurship,government regulation, welfare measures,and village tradition Crude oil and Natural Gas production account forabout 90% of its GDP Fourth largest producer of oil in South-east Asia Depends heavily on imports of products likeAgriculture, Motorcars and Electrical Products Imports 60% of its food requirements, which around75% of those food imports come from the ASEANcountries 6. GDP PPP (2011) - $21.24 Billion GDPReal Growth Rate (2011) 1.9% ;2.6% in 2010 GDP Per Capita (2011) - $50000 Unemployment Rate (2010) 2.7% InflationRate at CPI (2011) 2%Source: http://www.indexmundi.com/brunei 7. Highest human development index in the Islamic world (Human Development Report2009)Highest macroeconomic stability in the world (Global Competitiveness Report 2009-2010)2nd highest per capita income in ASEAN (Global Competitiveness Report 2009-2010)2nd highest quality of life in ASEAN (Human Development Report 2009)3rd most favourable tax regime in Asia (Global Competitiveness Report 2009-2010)4th largest oil producer in ASEAN (World Trade Organization, 2008)9th largest LNG exporter in the world (World Trade Organization, 2008)One of the lowest inflation rates in the world 2.7% (Global Competitiveness Report2009-2010)One of the highest literacy rates in the world 94.9% (Human Development Report 2009)One of the best healthcare systems in Asia (World Health Organization) 8. GDP Composition1%32%AgricultureIndustry67%Services 9. Petroleum Petroleum Refining Construction Liquefied Natural Gas 10. Total Exports - $10.67 Billion (2008) Export Commodities Crude Oil, Natural Gas, Garments Export Partners 5% 5%9% Japan50%South Korea13% Australia Indonesia 18% India China 11. Imports by Brunei Total Imports - $2.61 Billion (2008) Import Commodities Machinery and TransportEquipment, Manufactured Goods, Food, ChemicalsImport Partners 12% 13%41%Singapore China15%South Korea 19% Malaysia Germany 12. Indo-Brunei Trade Relations 13. VEHICLES OTHER THAN RAILWAY OR TRAMWAY ROLLING STOCK, AND PARTS ANDACCESSORIES ELECTRICAL MACHINERY AND EQUIPMENT AND PARTS THEREOF; SOUND RECORDERS REPRODUCERS, TELEVISION IMAGE AND SOUND RECORDERS AND REPRODUCERS,AND PARTS MEAT AND EDIBLE MEAT OFFAL EDIBLE VEGETABLES AND CERTAIN ROOTS AND TUBERS CEREALS EDIBLE FRUIT AND NUTS; PEEL OR CITRUS FRUIT OR MELONS RESIDUES AND WASTE FROM THE FOOD INDUSTRIES; PREPARED ANIMAL FODER NUCLEAR REACTORS, BOILERS, MACHINERY AND MECHANICAL APPLIANCES; PARTS THEREOF OTHER MADE UP TEXTILE ARTICLES; SETS; WORN CLOTHING AND WORN TEXTILE ARTICLES RAGS MAN-MADE FILAMENTS 14. MINERAL FUELS, MINERAL OILS AND PRODUCTS OF THEIRDISTILLATION; BITUMINOUS SUBSTANCES; MINERAL WAXES ALUMINIUM AND ARTICLES THEREOF ELECTRICAL MACHINERY AND EQUIPMENT AND PARTS THEREOF;SOUND RECORDERS AND REPRODUCERS, TELEVISION IMAGE AND SOUND RECORDERS ANDREPRODUCERS,AND PARTS RAW HIDES AND SKINS (OTHER THAN FURSKINS) AND LEATHER NUCLEAR REACTORS, BOILERS, MACHINERY AND MECHANICALAPPLIANCES; PARTS THEREOF MISCELLANEOUS GOODS 15. Agricultural & processed food products Textiles, garments & accessories Consumer goods Drugs & pharmaceuticals Auto parts Milk products Building Materials 16. Doing Business Rank 79th out of 183 CountriesTOPIC RANKINGSDB 2013 Rank DB 2012 Rank Change in RankStarting a Business135137 2Dealing with Construction Permits 43 8845Getting Electricity 29 29No changeRegistering Property 115113-2Getting Credit 129127-2Protecting Investors 117114-3Paying Taxes22 21-1Trading Across Borders40 36-4Enforcing Contracts158158No changeResolving Insolvency46 44-2http://www.doingbusiness.org/data/exploreeconomies/brunei/ 17. Global Competitiveness Index Rank 28th out of 142 Countries with a score of 4.8 out of sevenSource : http://www.bt.com.bn/business-national/2012/09/06/brunei-maintains-ranking-global-competitiveness-report 18. Eradicate extreme poverty and hungerAchieve universal primary educationPromote gender equality and empower womenReduce child mortalityImprove maternal healthCombat HIV/AIDS, malaria and other diseaseEnsure environmental sustainabilityDevelop a global partnership for development 19. Based on Brunei Darussalams HouseholdExpenditure Survey 2005, absolute deprivationis inexistent Universal Primary Education