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Brunei economy crumbling? Oil exports down 25.7%!, currency peg with Singapore traps Brunei
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t3arsCulprit
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May 2 2014, 02:21 PM
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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. Refining Industry?
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t3arsCulprit
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May 2 2014, 02:33 PM
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QUOTE(leonhart88 @ May 2 2014, 02:28 PM) why malaysia wanna curi from brunei? malaysia also has steal sipadan and ligitan from Indonesia, i wonder sabah and sarawak stolen from where? because demographic of malaysia too far. Say properly.. Sipadan and Ligitan is belongs to Malaysia.. Not stealing from Indonesia.. Okay?
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t3arsCulprit
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May 2 2014, 02:34 PM
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QUOTE(Artus @ May 2 2014, 02:32 PM) If Brunei change the pegging from Singapore dollar to the Malaysian ringgit then, in theory,it would benefit Sarawak and Sabah because trade between Singapore and Brunei would go down due to currency conversion costs between Singapore dollar and Brunei dollar. Bruneian will find it expensive to spend their money in Malaysia then..
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t3arsCulprit
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May 2 2014, 02:40 PM
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QUOTE(yinchet @ May 2 2014, 12:38 PM) Yup, one of the reason the king go for hudud is to control his ppl from going revolve him. but how long can he maintain it is a big question to answer. as he have limited money to run a country. Dun think so lor. But how Hudud law can control ppl from revolve him?? I thought that is the islamic law??
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