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Borneo Bulletin Article

Published on 22nd November 2024

This article explores Brunei's ongoing pursuit of economic diversification, using the past textile industry in Serasa as a case study. While initially promising, the industry faced challenges like high operational costs and limited market access, ultimately ceasing operations. The article emphasizes the importance of l...

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This article explores Brunei's ongoing pursuit of economic diversification, using the past textile industry in Serasa as a case study. While initially promising, the industry faced challenges like high operational costs and limited market access, ultimately ceasing operations. The article emphasizes the importance of learning from past experiences to inform future initiatives. It highlights the role of global trends and Brunei's small market size in shaping local industries' success. Collaborative efforts are crucial for identifying and overcoming barriers to diversification and building a sustainable and prosperous economy.

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Brunei's leading English daily, serving the nation since 1953. Published by Brunei Press Sdn Bhd. 📰📱💻

Borneo Bulletin

📍Brunei Press Sdn Bhd

Brunei's leading English daily, serving the nation since 1953. Published by Brunei Press Sdn Bhd. 📰📱💻

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