AGP Executive Report
Last update: 11 hours agoDigital Economy: South-east Asia’s digital economy is forecast to grow 17% to US$368 billion in 2026, with AI lifting growth; Brunei is among the 10 markets covered. Banking: Baiduri Bank has priced its first overseas bond, marking a step into international debt markets. MSMEs: 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 Industries’ Phase II expansion at Pulau Muara Besar, which is expected to lift annual crude-processing capacity to about 20 million tonnes and expand higher-value production. Trade: Brunei and India reviewed bilateral cooperation at their third Joint Trade Committee meeting, while Brunei’s non-oil and gas sectors now contribute 55% of GDP, up over the past decade.
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