Brunei’s economic recovery is underway with the non-oil & gas sector continuing to show positive performance driven by the services sector, reflecting robust activities in the finance and transport subsectors.
The Lao PDR’s economy is expected to maintain its recovery from the COVID-19-pandemic in 2023. However, currency depreciation and surging inflation are challenges to sustaining the economic recovery.
Watch the highlights of AMRO's 2022 Annual Consultation Report on Brunei Darussalam. AMRO forecasts Brunei's economy to grow by 2.8% in 2023, boosted by the recovery in the services…
Economic activities in Brunei Darussalam have picked up since mid-2022. Thanks to high vaccination rates, daily new cases of COVID-19 have declined sharply since April 2022, enabling containment measures and border restrictions to be lifted.