When Brunei runs out of oil
-
What is going to happen to this rich tiny malay state in Borneo?
Merge with Singapore possible or not are there any other options for survival? -
That's the problem with Brunei, they lack diversification. Currently they are trying to market them self as a stop over hub for tourists flying from Europe to Asia. Not sure how much that'd help since crude oil and natural oil accounts for half their GDP.
-
they'd probably have a few oil fields that they keep for back up?
or they use their people's facial oil instead
-
Likely they need a realistic back up plan or else be poor when that moment of eventuality comes
-
when that happen. this generation of ppl shd either be in their later stages or already to the next realm already.
so...see how the king decide lor. he may decide aiya, let me enjoy, i shd be dead when the oil runs out. -
???
Why suddenly Singaporeans so worried about Brunei?
As a Brunei citizen, sometimes it sadden me to read about misinformed comments on Brunei in sgforums
Make no mistake, I do apreciate the care shown by Singaporeans towards the well being of Brunei, it is a statement of the close ties between our countries but most of the post protrayed Brunei as very helpless and need Singapore to protect it.
Fact1 - Brunei will never merge with Singapore. Brunei is ruled through Islamic laws which is vastly different from the conventional laws used in Singapore. The cultures of Singapore and Brunei is too different to be able to intergrate the citizens of both countries together.
Fact2 - Brunei/Singapore has the highest GNI is Asia as our currency is the strongest compared to the rest. But the fact is that the official GNI of Brunei is reported to be near Singapore level so the currencies can be pegged. The real GNI of Brunei is way higher than the official reported figures.
Take the incident that happen in Brunei a few years back, US$50Billion of state funds went missing - no economic impact on Brunei at all.
If that were to happen in Singapore, I am not even sure what would happen.
Statement: That's the problem with Brunei, they lack diversification
It is not true. If you check the amount of business owned by Brunei/Royal family worldwide, you will know that Brunei does not lack diversification at all.
It is just that we do not need to calculate in all these figures to maintain our economic echelon.
You can argue that most of these assets are owned by the royal family not by the govenrment but Brunei government is a sham. Brunei is ruled by the monarch system so we do not have a real government. It is a fact that the Sultan of Brunei owns Brunei, just that not many people are aware of it.
The disadvantage is that no real business is willing to invest in Brunei as it is legal for the Sultan of Brunei to claim everything in Brunei as his own. -
cool...i didn't got brunei people come sgf.....Originally posted by RobinHood69:???
Why suddenly Singaporeans so worried about Brunei?
As a Brunei citizen, sometimes it sadden me to read about misinformed comments on Brunei in sgforums
Make no mistake, I do apreciate the care shown by Singaporeans towards the well being of Brunei, it is a statement of the close ties between our countries but most of the post protrayed Brunei as very helpless and need Singapore to protect it.
Fact1 - Brunei will never merge with Singapore. Brunei is ruled through Islamic laws which is vastly different from the conventional laws used in Singapore. The cultures of Singapore and Brunei is too different to be able to intergrate the citizens of both countries together.
Fact2 - Brunei/Singapore has the highest GNI is Asia as our currency is the strongest compared to the rest. But the fact is that the official GNI of Brunei is reported to be near Singapore level so the currencies can be pegged. The real GNI of Brunei is way higher than the official reported figures.
Take the incident that happen in Brunei a few years back, US$50Billion of state funds went missing - no economic impact on Brunei at all.
If that were to happen in Singapore, I am not even sure what would happen.
Statement: That's the problem with Brunei, they lack diversification
It is not true. If you check the amount of business owned by Brunei/Royal family, you will know that Brunei does not lack diversification at all.
It is just that we do not need to calculate in all these figures to maintain our economic echelon.
You can argue that most of these assets are owned by the royal family not by the govenrment but Brunei government is a sham. Brunei is ruled by the monarch system so we do not have a real government. It is a fact that the Sultan of Brunei owns Brunei, just that not many people are aware of it.
The disadvantage is that no real business is willing to invest in Brunei as it is legal for the Sultan of Brunei to claim everything in Brunei as his own. -
I strongly believe.
let our neighbouring countries handle their own issues.
n for RobinHood,if Brunei is like what u have explained, den all de best 2 u
-
Robinhood the king of thieves has defended the King of his people.Ok lah nothing to say oreddy.
-
Please take no offence, they mean no malice. Many comments were plainly mindless banterOriginally posted by RobinHood69:???
Why suddenly Singaporeans so worried about Brunei?
As a Brunei citizen, sometimes it sadden me to read about misinformed comments on Brunei in sgforums
Make no mistake, I do apreciate the care shown by Singaporeans towards the well being of Brunei, it is a statement of the close ties between our countries but most of the post protrayed Brunei as very helpless and need Singapore to protect it.
Fact1 - Brunei will never merge with Singapore. Brunei is ruled through Islamic laws which is vastly different from the conventional laws used in Singapore. The cultures of Singapore and Brunei is too different to be able to intergrate the citizens of both countries together.
Fact2 - Brunei/Singapore has the highest GNI is Asia as our currency is the strongest compared to the rest. But the fact is that the official GNI of Brunei is reported to be near Singapore level so the currencies can be pegged. The real GNI of Brunei is way higher than the official reported figures.
Take the incident that happen in Brunei a few years back, US$50Billion of state funds went missing - no economic impact on Brunei at all.
If that were to happen in Singapore, I am not even sure what would happen.
Statement: That's the problem with Brunei, they lack diversification
It is not true. If you check the amount of business owned by Brunei/Royal family worldwide, you will know that Brunei does not lack diversification at all.
It is just that we do not need to calculate in all these figures to maintain our economic echelon.
You can argue that most of these assets are owned by the royal family not by the govenrment but Brunei government is a sham. Brunei is ruled by the monarch system so we do not have a real government. It is a fact that the Sultan of Brunei owns Brunei, just that not many people are aware of it.
The disadvantage is that no real business is willing to invest in Brunei as it is legal for the Sultan of Brunei to claim everything in Brunei as his own.
-
Hi
To all who had posted, no offence or malice taken, as stated previously, it just saddens me to read about all those misinformed posts about Brunei. I am sure the people who posted all those comments mean no offence or malice also.
So I just posted what I know to clarify those misconceptions about Brunei. -
its always nice to see someone doing clarification. at least we wun get misleaded.Originally posted by RobinHood69:Hi
To all who had posted, no offence or malice taken, as stated previously, it just saddens me to read about all those misinformed posts about Brunei. I am sure the people who posted all those comments mean no offence or malice also.
So I just posted what I know to clarify those misconceptions about Brunei. -
I think Brunei can sell their sand. The sand there is very fine - great for glass manufacturers.
-
our gov worries us..we worry 4 other nations' fate...