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Borneo Bulletin Article

Published on 16th August 2023

Brunei's food and beverage service sector experienced significant growth in Q1 2023, with sales revenue increasing by 17.7% compared to the same period last year. This rise was largely driven by catering services, fast-food outlets, and restaurants. However, retail sales declined by 4% year-on-year due to decreased do...

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Brunei's food and beverage service sector experienced significant growth in Q1 2023, with sales revenue increasing by 17.7% compared to the same period last year. This rise was largely driven by catering services, fast-food outlets, and restaurants.  However, retail sales declined by 4% year-on-year due to decreased domestic demand for items like pharmaceuticals, cosmetics, and electronics. The Department of Economic Planning and Statistics (JPES) released these preliminary indicators of Brunei's economic performance.

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Brunei's leading English daily, serving the nation since 1953. Published by Brunei Press Sdn Bhd. 
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Borneo Bulletin

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

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