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Biz Brunei Article

Published on 6th November 2018

Brunei's GDP shrank by 2.8% to BND 4.581 billion in the second quarter of 2018, marking the first contraction since early 2017. The decline is attributed to reduced LNG, methanol, and oil production, despite a 49.6% rise in average oil prices and a 13% increase in LNG prices. LNG output fell from 965.2 to 880.7 thousan...

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Biz Brunei Article

Published on 6th November 2018

Read the rest at Biz Brunei

↳ Posted By

Biz Brunei

Sharing the stories of Brunei businesses with the world.

Urang macam awda pun kan meliat ani bah! ⤵︎

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Did you know that despite a 49.6% rise in oil prices, Brunei's GDP still shrank by 2.8% in Q2 2018? It's like throwing a party and realizing you forgot the snacks – the oil and gas sector took a hit, but household spending actually increased by 4.6%! Talk about a mixed bag of economic news!

Urang macam awda pun kan meliat ani bah! ⤵︎

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Brunei's GDP Shrinks Amidst Declining Gas Production in Q3 2018

Brunei's Q1 2018 GDP Surges by 2.5% Driven by Oil, Gas Gains

Brunei GDP Shrinks 4.2% in Q1 Due to Oil & Gas Decline

Keris-Warisan

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