Syllabus of the Subject: Foreign Trade and Business in Brunei Darussalam.
Introduction to the State of Brunei Darussalam (Southeast Asia);
Bruneian Economy
Petrol and gas resources of Brunei.
Doing Business in Bandar Seri Begawan;
Bruneian International Trade;
Foreign Direct Investment in Brunei;
Case Study: Business Opportunities in Brunei;
Access to the Bruneian Market;
Business Plan for Brunei.
The objectives of the subject “International Trade and Business in the State of Brunei Darussalam” are the following:
To analyze the Bruneian Economy and Global Trade;
To know the business opportunities in Brunei Darussalam;
To explore Brunei Darussalam trade relations with the country of the student;
To know the Bruneian Trade Agreements;
To develop a business plan for the Bruneian Market.
Global Trade and Business in the State of Brunei Darussalam:
The Subject “Foreign Trade and Business in Brunei Darussalam” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:
Brunei Darussalam (as an ASEAN member), has Free Trade Agreements with Australia-New Zealand, Canada, China, India, European Union, Japan, Korea, Russia, the United States, Pakistan, Chile.
Other religions in Brunei: Buddhism (13%) and Christianity (10%).
Brunei Darussalam is a member of the Islamic Civilization.
Bruneian Economy.
Protected by the political stability of the longest serving family monarchy in the World, and the financial security of its petrol and gas resources, Brunei Darussalam is as “green oasis at the heart of Asia.”;
Brunei Darussalam is a small nation with a large potential;
The State of Brunei ranks in the first position in the Islamic world (Human Development Index);
The Bruneian people benefit from a high quality of life (USD 31,000 per capita revenue), the second largest in the ASEAN Region;
The Economy of the State of Brunei has been dominated by the petrol and gas industry for the past eighty years;
Brunei Darussalam has no central Bank and operates a currency board system with the Brunei Dollar (B$) being pegged to the Singapore Dollar, enabling both currencies to be legally interchangeable in Brunei Darussalam and Singapore;
Currency: Brunei dollar (BND).
International Trade of Brunei Darussalam.
Hydrocarbon resources account for 90% of its export and 50% of the gross domestic product of Brunei;
Brunei Darussalam is the fourth largest petrol manufacturer in Southeast Asia and the ninth
largest liquefied natural gas exporter in the World;
Petrol and natural gas account for nearly all Bruneian exports;
Top export markets of the State of Brunei
are v
Top import partners of Brunei Darussalam are the Association of
Southeast Asian Nations (ASEAN) countries (Indonesia, Malaysia, the Philippines, Singapore, Thailand, Vietnam, Laos, Myanmar, and Cambodia), the United States, the European Union, Japan, and China.
(c) EENI Global Business School (1995-2023)
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