Business in Brunei Darussalam

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Syllabus of the Subject: Foreign Trade and Business in Brunei Darussalam (Course, Master).

Introduction to the State of Brunei Darussalam (Southeast Asia)
Bruneian Economy
Doing Business in Bandar Seri Begawan
Petrol and gas resources of Brunei
Bruneian international trade
Foreign Direct Investment (FDI) in Brunei
Case Study: Business Opportunities in Brunei
Access to the Bruneian Market
Business Plan for Brunei

The objectives of the Subject “Foreign Trade and Business in the State of Brunei Darussalam” are the following:

To analyse the Bruneian economy and foreign 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

The Subject “Doing Business in Brunei Darussalam” belongs to the following Online Higher Education Programs taught by EENI Global Business School:

Doctorates: Islamic Business, Asian Business, Global Trade
Diploma: Business in the ASEAN Markets
Masters: Business in the Muslim Countries, International Business, Foreign Trade, Asia

Higher Education programs adapted to the Bruneian Students.

Online Students, Master in International Business

Learning materials in or Brunei Darussalam Brunei Darussalam

Credits of the Subject “Foreign Trade and Business in Brunei Darussalam”: 1
Duration: one week

Example of the Subject - Doing Business in the State of Brunei Darussalam:
Master Course: Business in the State of Brunei Darussalam

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Description of the Subject: Doing Business in Brunei Darussalam.

The State of Brunei Darussalam is advantageously situated in the South-Eastern region of Asia.

Brunei Darussalam shares borders with Indonesia and Malaysia
The capital of Brunei is Bandar Seri Begawan
Official language of Brunei Darussalam: Malay. English is a recognised language in Brunei
Bruneian Population: 415,717 people
66% of the Bruneian are Malays (11% are Chinese)
Type of Government: Unitary Islamic Absolute Monarchy
Sultan: Hassanal Bolkiah
Independence from the United Kingdom: 1984
Area of Brunei Darussalam: 5,765 square kilometres

Religion in Brunei Darussalam

66% of the population are Muslim (Sunni)
Islam is the official religion of the State of Brunei
The judiciary system of Brunei Darussalam is based on the English Common Law.
For Muslims, the Islamic Sariah Law substitutes civil laws
Fiqh (Islamic Jurisprudence): Shafi
Other religions in Brunei: Buddhism (13%) and Christianity (10%)

Brunei Darussalam is a member of the Islamic Civilisation.

Association of Southeast Asian Nations (ASEAN), Master

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)

Pan-Beibu Gulf Economic Zone (China, ASEAN)

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 Japan, South Korea, Indonesia, India, and Australia
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 (EU), Japan, and China
Access to the East-West Economic Corridor (Myanmar-Thailand-Laos-Vietnam)
Access to the Nanning-Singapore Economic Corridor
1. Pan-Beibu Gulf Economic Zone