About Brunei
General Information
Brunei officially the Nation of Brunei, the Abode of Peace: is a sovereign state located on the north coast of the island of Borneo in Southeast Asia. Apart from its coastline with the South China Sea, the country is completely surrounded by the Malaysian state of Sarawak. It is separated into two parts by the Sarawak district of Limbang. Brunei is the only sovereign state completely on the Island of Borneo; the remainder of the Island’s territory is divided between the nations of Malaysia and Indonesia. Brunei’s population was 408,786 in July 2012
Population
Brunei’s population is over 417,000 people
Political Structure
Brunei’s political system is governed by the constitution and the national tradition of the Malay Islamic Monarchy, the concept of Melayu Islam Beraja (MIB). The three components of MIB cover Malay culture, Islamic religion, and the political framework under the monarchy. It has a legal system based on English common law, although Islamic shariah law supersedes this in some cases. Brunei has a parliament but there are no elections; the last election was held in 1962.
Infrastructure and Economy
Brunei’s small, wealthy economy is a mixture of foreign and domestic entrepreneurship, government regulation, welfare measures, and village tradition. Crude oil and natural gas production account for about 90% of its GDP. About 167,000 barrels (26,600 m3) of oil are produced every day, making Brunei the fourth-largest producer of oil in Southeast Asia. It also produces approximately 25.3 million cubic meters (890×106 cu ft) of liquefied natural gas per day, making Brunei the ninth-largest exporter of the substance in the world.
The population centers in the country are linked by a network of 2,800 kilometers (1,700 mi) of road. The 135-kilometre (84 mi) highway from Muara Town to Kuala Belait is being upgraded to a dual carriageway
Languages
The official Languages are Malay and English
Currency
Brunei dollar (BND)
Exchange Controls
Brunei does not have exchange controls.