AGP Executive Report
Last update: 8 hours agoDigital Growth: South-east Asia’s digital economy is forecast to grow 17% to US$368 billion in 2026, with Brunei among the 10 markets covered. Brunei’s education minister also urged graduates to use AI to build workplace skills, not replace them. MSME Agenda: Brunei is hosting ASEAN meetings focused on helping small businesses digitise, adopt sustainable practices and reach new markets. Petrochemicals: Honeywell will supply technology and engineering for Hengyi’s Pulau Muara Besar expansion, which is expected to lift annual crude-processing capacity to about 20 million tonnes; Hengyi is targeting a 50% Bruneian workforce. Finance and Trade: Baiduri Bank has priced its first overseas bond, while Brunei and India reviewed trade and economic cooperation at their third joint committee meeting. Economic Mix: Brunei’s non-oil and gas sectors now contribute 55% of GDP, up from a decade ago.
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