Tag Archives: Brunei

Situated on the northern coast of Borneo in Southeast Asia, Brunei, often referred to as the “Abode of Peace” or “Venice of the East,” is a small yet affluent sultanate known for its wealth derived from oil and gas reserves, Islamic heritage, and the preservation of its lush rainforests. Bandar Seri Begawan, the capital and largest city, is a hub of culture and administration in this nation of around 440,000 people. Brunei gained independence from British protection in 1984 and has since been ruled by Sultan Hassanal Bolkiah, one of the world’s longest-reigning monarchs. The nickname “Abode of Peace” reflects the nation’s commitment to maintaining political stability, social harmony, and economic prosperity. As a predominantly Muslim country, Islam plays a central role in daily life, with the Sultanate implementing a strict interpretation of Islamic law. Brunei’s immense wealth from oil and natural gas resources has resulted in a high standard of living for its citizens, with the government providing extensive social services, education, and healthcare. The nation’s architecture, including the majestic Omar Ali Saifuddien Mosque and the opulent Istana Nurul Iman palace, reflects a blend of Islamic and modern influences. Brunei actively engages in international diplomacy, participating in regional organizations like the Association of Southeast Asian Nations (ASEAN) and maintaining diplomatic ties with countries around the world. While the country faces challenges related to economic diversification and environmental conservation, Brunei’s commitment to preserving its rainforests and biodiversity showcases a balancing act between modern development and ecological sustainability. The nation’s cultural festivals, including the royal birthday celebrations and the Sultan’s Silver and Golden Jubilees, are marked by vibrant displays of Bruneian traditions, art, and cuisine. As Brunei positions itself as a hub for Islamic finance and sustainable development, its strategic location, economic stability, and cultural heritage contribute to its unique identity as the “Abode of Peace” in the dynamic landscape of Southeast Asia. Check zipcodesexplorer for Brunei Travel Information.

Brunei Trade and Foreign Investment

Subchapters: Business Relationships Foreign direct investment FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU (only for non-EU countries) General comment on trading with EU countries, comment on the numbers in the table, reasons for a positive or negative balance. Allcountrylist: Overview of major industries in Brunei,… Read More »