AGP Executive Report
Last update: 8 hours agoEconomic Diplomacy: Brunei Foreign Minister Prince Abdul Mateen and UAE counterpart Sheikh Abdullah bin Zayed discussed strengthening bilateral ties, with economic and development cooperation among the areas explored. Business Expansion: Malaysia’s RedPlanet is targeting 10%–20% annual revenue and profit growth, naming Brunei as a key market after its recent entry. Energy Outlook: Higher oil and LNG prices are lifting Brunei’s near-term prospects; AMRO projects growth of 1.9% in 2026 and says the windfall could help rebuild fiscal buffers and support diversification. Finance and MSMEs: Baiduri is tapping the bond market, while Brunei hosted ASEAN meetings focused on developing micro, small and medium-sized enterprises.
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