Brunei to hold national economic census this month

Brunei is going to hold Economic Census of Enterprises 2016 and all businesses in Brunei are required to fill in a questionnaire on their revenue and spending, which will be compiled for the census starting this month, local media reported Tuesday.

Brunei's Department of Economic Planning and Development (JPKE) said the census will cover about 8,000 registered companies to gather detailed information on their businesses.

Acting Director-General of JPKE Hj Abd Amin told media that the census aims to collect comprehensive and latest information pertaining to the growth, contribution, composition and distribution of the economic activities undertaken by business enterprises.

The census will cover all active registered businesses in the sultanate, whether it is proprietorship, partnership, branch of a foreign company, private limited company and others, such as cooperatives and non-profit institutions.

Registered businesses that have yet to start or did not undertake any economic activities during the year are also required to fill in and return the questionnaire.

The department added that the data will be used in the compilation of the national accounts statistics, particularly for the calculation of the gross domestic product to determine the latest contribution of the private sector to the country's economic growth.

Results will also be able to assist the government in development planning and formulating policies, said the acting director-general.

JPKE also ask for cooperation from all companies in providing the most accurate information as possible, so that the results of the census can give an accurate picture of the country's economic situation. Enditem