Background
The Sultanate of Brunei's influence peaked between the 15th and 17th centuries when its control extended over coastal areas of northwest Borneo and the southern Philippines. Brunei subsequently entered a period of decline brought on by internal strife over royal succession, colonial expansion of European powers, and piracy. In 1888, Brunei became a British protectorate; independence was achieved in 1984. The same family has ruled Brunei for over six centuries. Brunei benefits from extensive petroleum and natural gas fields, the source of one of the highest per capita GDPs in Asia.
Brunei has a small well-to-do economy that encompasses a mixture of foreign and domestic entrepreneurship, government regulation, welfare measures, and village tradition. Crude oil and natural gas production account for just over half of GDP and more than 90% of exports. Per capita GDP is among the highest in Asia, and substantial income from overseas investment supplements income from domestic production. The government provides for all medical services and free education through the university level and subsidizes rice and housing. A new monetary authority was established in January 2011 with responsibilities that include monetary policy, monitoring of financial institutions, and currency trading activities.
Phone Codes
Country Code: 673
Outgoing International Code: 00
Resources
Market Research
CIA - The World Factbook - Brunei
This website indicates a wide range of detail information about Brunei by introducing under 8 different fields as its geography,people, government, economy, communications, transportation, military, transnational issues.
U.S. Department of State - Bureau of Consular Affairs, Washington - Brunei
The Consular Information Sheet for Brunei provided by the US Consular Bureau aims to indicate database analysis about Brunei's political, social & economic environment informing the US investors.
About Brunei
There is available to find out Brunei general outlook on the issues of its social and business profile, passport/visa, money, accommodation, government, duty free, health and so forth.
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