Indian Industry

Country Profile

Brunei
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Brunei is the nation which is situated in the southeaster asia on the northern coast of the borneo island. Brunei is the esteemed member of the united nations, ASEAN, commonwealth of nations and the organization of the islamic conference. The country is divided into 4 districts which are again divided into 38 mukims. It has 5,770 sq km long coastline i.e, 5,270 sq km & 500 sq km land and water area. Brunei has the climate which is tropical, hot and rainy. With 381,371 people, brunei has successfully achieved literacy rate more than 90 per cent among both male and female sections. Bandar seri is the capital of brunei which is also its largest city.

Snapshot

Official Name - State of Brunei
Capital City - Bandar Seri Begawan
Type of Government - Islamic Sultanate
Currency - Brunei Dollar
Fiscal Year - 1 April - 31 March
Official Language(s) - Malay
Local Time - (UTC+8.1)
International Dialling Code - +673
Internet Domain - .bn
Major Cities - Bandar Seri Begawan, Kuala Belait, Seria, Tutong
Major Industries - petroleum, petroleum refining, liquefied natural gas, construction
Major Trading Partners - Japan, Australia, Thailand, Singapore, Malaysia, Japan, UK
Double Taxation Treaty with India - No



Economic Overview
  • Brunei has been characterized as the third-largest oil producer of the southeast asia.
  • The nation has also been characterized as the fourth largest liquefied natural gas producer in all over world.
  • It has been acknowledged as the third largest natural gas producer in throughout the southeast asia.
  • Petroleum, petroleum refining, liquefied natural gas and construction are considered as the major industries of the brunei.
  • Its economy is considered to be the mixture of the foreign and domestic entrepreneurship with the government regulation.
International Trade

Major Export Items
Crude Oil, Natural Gas, Refined Products, Clothing

Main Destinations of Exports
Japan,Indonesia, South Korea, Australia, USA

Major Import Items
Machinery and Transport Equipment, Manufactured Goods, Food, Chemicals

Main Origins of Imports
UK, Singapore, Malaysia

Contacts of Trade Ministries/ Associations

National Chamber of Commmerce and Industry Brunei Malay Chamber of Commerce and Industry Brunei International Chamber of Commerce and Industry
P.O.Box 1099
Bandar Seri Begawan 1910
Brunei
Tel.: +(673)-(2)-227297
Fax: +(673)-(2)-227298

Suite 411, Bangunan Guru Guru Melayu Brunei
Jalan Kianggeh, P.O. Box 1099
Brunei
Tel.: +(673)-(2)-227297/ 220649
Fax: +(673)-(2)-227298

c/o Artitek Ibrahim
P.O.Box 2285
Brunei
Tel.: +(673)-(2)-226000


Business Visa Rules
  • Generally no visa is necessary for staying up to 90 days.
  • Passport with minimum 6 months of validity along with completed and signed visa application form.
  • Introductory or any type of letter from the business associate or government agencies or company situated in brunei, is needed to be given.
  • Application is addressed to the consular section of the embassy or high commission.
  • Yellow fever certificate, if the applicant is from the infected area.
  • Copy of return or onward ticket.
Business Hours

Government Offices:   Monday to Thursday and Saturday from 07:45 - 12:15 & 13:30 - 16:30
Banks:    Monday to Friday from 09:00 - 15:00 & 09:00 - 11:00 on Saturday

Public Holidays

Festival Date
New Year's Day January 01
Hijriah (Islamic New Year) Date Varies
Chinese New Year February 07
National Day February 23
Maulud (Birth of the Prophet) Date Varies
Anniversary of Royal Brunei Malay Regiment May 31
Sultan's Birthday July 15
Israk Mikraj (Ascension of the Prophet) Date Varies
Start of Ramadan Date Varies
Anniversary of the Revelation of the Quran Date Varies
Hari Raya Aidilfitri (End of Ramadan) Date Varies
Hari Raya Aidiladha (Feast of the Sacrifice) Date Varies
Christmas Day December 25
brunei


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