AGP Executive Report
Last update: 9 hours agoHengyi Expansion: Honeywell will provide technology and engineering for Hengyi Industries’ Phase II petrochemical project on Pulau Muara Besar. The expansion is expected to lift annual processing capacity to 20 million tonnes, with Hengyi targeting a workforce that is 50% Bruneian once the project is operating. Economic Diversification: Brunei’s non-oil and gas sector grew to 55% of GDP in 2025, up from 46% a decade earlier, while non-oil and gas products reached 60% of exports. Downstream petroleum and chemicals drove much of the rise. Football: Brunei will replace Bahrain at next month’s King’s Cup in Thailand, joining hosts Thailand, Oman and Tajikistan. Regional Ties: Brunei and Singapore agreed to recognise each other’s halal certificates and signed an agreement to strengthen essential-goods supply chains. Haze: Smoke from Indonesian fires has drifted into Brunei and other neighbouring countries, as regional concern grows over health impacts and accountability. Culture: Canada donated 101 books by Canadian writers to Brunei’s National Library collection.
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