Brunei financial assets reach BND25.9B over decade

BANDAR SERI BEGAWAN: Over the past decade, the country’s total financial system assets have expanded at an average annual rate of 2.3 per cent, reaching BND25.9 billion (US$20.27 billion) last year. More importantly, this growth has translated into greater support for the real economy, with banks’ financing to businesses standing at BND6.2 billion as of…

Read More

Xi Jinping, Brunei’s Sultan exchange congratulations on 35th anniversary of ties

Chinese President Xi Jinping and Sultan of Brunei Haji Hassanal Bolkiah Mu’izzaddin Waddaulah on Wednesday exchanged congratulations on the 35th anniversary of diplomatic relations between the two countries. Xi noted that the traditional friendship between China and Brunei has a long history and remained strong over time. In the process of working together towards modernization,…

Read More