The world now confronts a global economic downturn and it is critically important that we learn the right lessons from the experience. At this point, two things are clear. First, government regulation and improper monetary policy were major contributing factors to the crisis.Imprudent lending practices, highly leveraged financial institutions, Full Article

The Brunei market is characterized as a consumer market in which almost all commodities are imported from abroad. Brunei’s world merchandise trade in 1999 was negligible in both the Asian and world markets. However, per capita merchandise trade of Brunei at about US$13,500 is high compared to its Asian counterparts, lagging only behind Singapore Full Article

The philosophy of the MIB concept has somewhat become a model for political, economic, and social development for the country, as all projects and developments are planned and implemented according to Islamic teachings. In some respects, the ideology and visible symbolism of the state seem to reflect a balancing act between Western and Islamic Full Article