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> Brunei economy crumbling? Oil exports down 25.7%!, currency peg with Singapore traps Brunei

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ander7724
post May 2 2014, 12:32 PM

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From: Si Sa Ket


QUOTE(yinchet @ May 2 2014, 12:24 PM)
Already collapsed.
chemical industry drop over 90%, petroleum industry nearly dried up not sure how long it can sustain, and now relying on lng which is also not in good condition.
no other industry supporting their economy and burden by currency policy, can't compete at all with other SEA nation.
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i visited this country many times, it's clean, peaceful, moderate and of course... boring. i wonder if this is the reason (oil running dry) the king applied hudud because oil is running out and he scared
people will revolve or something?

This post has been edited by ander7724: May 2 2014, 12:32 PM

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