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Article
Publication date: 6 January 2022

Muhammad Tahir, Umar Burki and Arshad Hayat

This paper explores the relationship between natural resources and economic growth of Brunei Darussalam, an underresearched area in the available literature.

Abstract

Purpose

This paper explores the relationship between natural resources and economic growth of Brunei Darussalam, an underresearched area in the available literature.

Design/methodology/approach

Annual data are sourced from reliable sources for the period 1989–2020. Appropriate cointegration techniques for time series data are employed to estimate the specified models and extract results.

Findings

The results provide evidence about the positive and significant role that natural resources have played in the economic growth of Brunei Darussalam. Similarly, trade openness and domestic investment have also positively and significantly impacted the long-run economic growth. On the other hand, the impacts of government expenditure and the growth of human capital on economic growth are although positive but insignificant statistically in the long run. The short-run results show that natural resources, government expenditures and domestic investment have influenced economic growth both positively and significantly. Moreover, the positive and significant impact of trade openness on economic growth, which was observed in the long run, turned negative and insignificant in the short run. Finally, the insignificant positive relationship between the growth of human capital and economic growth observed in the long run remained the same in the short run.

Originality/value

This paper studies the resource curse hypothesis for Brunei Darussalam for the first time, and therefore, the findings will be of significant interest for policymakers and researchers.

Details

International Journal of Emerging Markets, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1746-8809

Keywords

Article
Publication date: 8 November 2011

Rajeshwar Sirpal

The purpose of this paper is to conduct a comparative analysis of the various issues faced by firms involved in foreign trade in Brunei Darussalam and Singapore. It tries…

Abstract

Purpose

The purpose of this paper is to conduct a comparative analysis of the various issues faced by firms involved in foreign trade in Brunei Darussalam and Singapore. It tries to delineate the issues or concerns in export and import trade that are significant, but of either same or different magnitudes in these countries. It also attempts to determine the concerns that are of lesser extent for both importers and exporters, and extent of usage of insurance against non‐payment of export debts, and/or loss of goods in transit.

Design/methodology/approach

Judgment and snowball sampling methods are employed to collect data from various companies in these countries. The results are analyzed from two samples of 42 and 25 responding firms of Brunei Darussalam, and Singapore, respectively. Descriptive statistics is used to present and analyze the data.

Findings

The paper highlights the various important issues related to foreign trade by firms. The issues that are significant, but are of the same magnitudes in these countries along with the issues that are of different magnitudes are mentioned. Furthermore, concerns of lesser extent for both importers and exporters along with a comparative analysis of buying insurance by firms are also mentioned.

Research limitations/implications

The results are basically from the various trading companies involved in foreign trade in Brunei Darussalam and Singapore. The sample size of firms from Singapore may be another limiting factor.

Originality/value

This study fills the gap in the existing literature about current issues prevalent in these countries. Furthermore, some suggestions to reduce the concerns of foreign trade are also mentioned in the paper. The findings may be useful for financial institutions interested in providing better services to the firms.

Article
Publication date: 1 September 2004

Haji Suhaimi Bin Haji Abdul Karim

In Brunei Darussalam the implementation of a technical infrastructure to improve access to the digital world and various e‐government initiatives are empowering the…

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Abstract

In Brunei Darussalam the implementation of a technical infrastructure to improve access to the digital world and various e‐government initiatives are empowering the country through an informed community and an efficient government. A number of ICT‐related projects have been planned and implemented under the Brunei Economic Development Council and e‐government initiatives. Digital libraries and the digital transformation of heritage information have been identified as the most viable areas to be developed in an effort to strengthen the information basis of the community. This paper describes the plans for one important project, the Virtual Library System of Brunei (VILIS Brunei), and outlines the economic sustainability issues being considered.

Details

Program, vol. 38 no. 3
Type: Research Article
ISSN: 0033-0337

Keywords

Article
Publication date: 2 January 2009

Abul Hassan

The objective of this paper is to assess the degree to which Islamic banks in Brunei Darussalam use risk management practices (RMPs) and techniques in dealing with…

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Abstract

Purpose

The objective of this paper is to assess the degree to which Islamic banks in Brunei Darussalam use risk management practices (RMPs) and techniques in dealing with different types of risk.

Design/methodology/approach

The researcher developed a questionnaire which covers six aspects in the first part: understanding risk and risk management, risk assessment and analysis (RAA), risk identification (RI), risk monitoring, credit risk analysis and RMPs. The second part consists of two questions based on an ordinal scale dealing with two topics: methods of RI and risk facing the sample banks.

Findings

This study found that that the three most important types of risk that the Islamic banks in Brunei Darussalam facing are foreign‐exchange risk, followed by credit risk and then operating risk. It also found that the Islamic banks are somewhat reasonably efficient in managing risk where RI and RAA are the most influencing variables in RMPs.

Research limitations/implications

The paper's findings are limited to the RMPs of Islamic banks in Brunei Darussalam.

Originality/value

The paper explores the RMPs of the Islamic banks in Brunei Darussalam. The results can be used as a valuable feed back for improvement of RMPs in the Islamic banks in Brunei and will be of value to those people who are interested in the Islamic banking system.

Details

The Journal of Risk Finance, vol. 10 no. 1
Type: Research Article
ISSN: 1526-5943

Keywords

Article
Publication date: 28 August 2019

Tauchid Komara Yuda

Using evidence from Brunei Darussalam, Malaysia and Indonesia, the purpose of this paper is to explore how Islamic welfare regime notion evolves in a South East Asian…

Abstract

Purpose

Using evidence from Brunei Darussalam, Malaysia and Indonesia, the purpose of this paper is to explore how Islamic welfare regime notion evolves in a South East Asian (SEA) context.

Design/methodology/approach

To gain a broad frame of reference in discussing Islamic welfare regimes in SEA, this paper employs a combined political-economic and cultural approach to analyze how Islamic welfare ethics in Brunei Darussalam, Malaysia and Indonesia are developed. The specific criterion used to make a comparative analysis of these countries is an interconnection between four levels of Islamic welfare actors (state, market, community and household/relatives) in providing social welfare.

Findings

Malaysia and Indonesia have demonstrated the most balanced form of “Islamic welfare diamond” in the relationship between welfare actors, even as the state-centered welfare initiative continues to be expanded, while Brunei has taken a different route. A monarchical political system underpinned by high economic growth has enabled the state to play a major role in welfare distribution, rather than other welfare actors. For this reason, Malaysia and Indonesia are described as having an “Islamic inclusive welfare regime,” while Brunei is reported to have an “Islamic welfare state regime.”

Originality/value

For the purpose of theoretical advancements, there is no doubt that this paper has proposed an alternative framework to developing an understanding of how the Islamic ethical code is articulated in a wide range of welfare configurations within the “South East Asian context.”

Details

International Journal of Sociology and Social Policy, vol. 40 no. 3/4
Type: Research Article
ISSN: 0144-333X

Keywords

Article
Publication date: 1 August 1999

P.W Senarath Yapa

This paper analyses the professional accounting environment in Brunei Darussalam with particular reference to the organisation of practitioners. In terms of the wealth of…

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Abstract

This paper analyses the professional accounting environment in Brunei Darussalam with particular reference to the organisation of practitioners. In terms of the wealth of the country, its stable economic, social and political structure, the formal regulatory structures in place and the ongoing British influence, one might expect to find a vigorous accountancy profession in place, actively pursuing a collective mobility project. However, such an expectation would be misplaced. Drawing upon the functionalist, interactionist and critical theories of the professions, as synthesised by Willmott, this paper explains the lack of a powerful accounting profession in Brunei and speculates as to whether such a profession might emerge, in particular one capable of adequately gauging and safeguarding the public interest. The paper argues the case for the negative given the prevailing market, institutional and power structures.

Details

Accounting, Auditing & Accountability Journal, vol. 12 no. 3
Type: Research Article
ISSN: 0951-3574

Keywords

Article
Publication date: 20 January 2021

Masitah Shahrill, Mohamad Iskandar Petra, Lin Naing, Joanna Yacob, Jose H. Santos and Anita B.Z. Abdul Aziz

This paper aims to share how it was possible to change the way business was conducted in a short period in order to continue the academic semester and seek alternatives to…

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Abstract

Purpose

This paper aims to share how it was possible to change the way business was conducted in a short period in order to continue the academic semester and seek alternatives to manage the day-to-day university affairs in the midst of a pandemic crisis at a higher education setting. As a result, the authors’ experiences have created new norms and opportunities for the university.

Design/methodology/approach

The coronavirus disease 2019 (COVID-19) pandemic in Brunei Darussalam is an evolving situation with extraordinary challenges for staff and students of the university. Although the campus remains open and essential services were continuously provided, the university had to implement and adapt to new norms instinctively to minimise the potential pathways for community spread of the coronavirus and at the same time minimise interruption in teaching and learning.

Findings

Firstly, structured blended learning will be the basis of teaching and learning, alongside ensuring the highest quality of online education and successful achievement of the intended learning objectives. Secondly, blended learning will open more opportunities to offer programmes in a more flexible, personalised, student-centric and lifelong learning manner, with the option of taking a study hiatus at students' convenience. Thirdly, there will be more global classrooms and the exchange of online modules with international partner universities. Fourthly, short programmes such as the Global Discovery Programmes will be modified and improvised to become an online learning experience. And finally, there will also be the opportunity to understand and consider the physical and mental well-being and durability of the university community in overcoming a national crisis situation.

Originality/value

This paper is intended to be a conceptual paper where the authors describe novel experiences during the pandemic. The authors’ views, interventions and experiences may result into a new model for higher education that will reposition students to the new global markets and economy.

Details

International Journal of Educational Management, vol. 35 no. 3
Type: Research Article
ISSN: 0951-354X

Keywords

Article
Publication date: 15 July 2022

Nurul Amirah Ishak, M. Muzamil Naqshbandi, Md. Zahidul Islam and Wardah Azimah Haji Sumardi

This study aims to examine the role of organisational commitment (affective, normative, continuance) in influencing employees’ knowledge application behaviour during the…

Abstract

Purpose

This study aims to examine the role of organisational commitment (affective, normative, continuance) in influencing employees’ knowledge application behaviour during the COVID-19 pandemic. This study also probes the moderating role of leader–member exchange (LMX) in the association between organisational commitment and knowledge application.

Design/methodology/approach

This study used a sample of 206 employees working in various private sector organisations in Brunei Darussalam. Structural equation modelling using Smart-PLS was used to test the hypothesised relationships.

Findings

The findings show that affective and normative organisational commitment spurred employees’ knowledge application behaviour significantly during the COVID-19 crisis. However, the moderating effect of LMX could not be established in this study.

Practical implications

The findings provide managers with insights into the crucial role organisational commitment can play in encouraging knowledge application in an organisation.

Originality/value

Studies exploring the enabling factors of knowledge application are scarce, especially in the context of a global crisis such as the COVID-19 pandemic. This study develops a model and empirically validates the importance of organisational commitment for knowledge application amidst the COVID-19 pandemic. This study also provides insights for managers into how LMX can affect knowledge application outcomes, particularly during uncertain times.

Details

VINE Journal of Information and Knowledge Management Systems, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2059-5891

Keywords

Article
Publication date: 29 July 2013

Mohammad Nabil Almunawar, Heru Susanto and Muhammad Anshari

The emergence of innovative internet-based reservation systems (iReservation systems) is threatening the sustainability of retail travel agencies (TAs) in Brunei Darussalam

Abstract

Purpose

The emergence of innovative internet-based reservation systems (iReservation systems) is threatening the sustainability of retail travel agencies (TAs) in Brunei Darussalam. With the friendliness and convenience offered by iReservation systems, many customers nowadays prefer to book their tickets and accommodations online. The purpose of this paper is to assess the impact of iReservation systems on TAs in Brunei Darussalam. In other words, the authors are interested to find out how TAs and customers react to iReservation systems.

Design/methodology/approach

To fulfil this objective, surveys were conducted on both the responses from TAs and their customers regarding iReservation systems in Brunei Darussalam.

Findings

Most individual customers prefer to book their tickets and accommodations through iReservation systems. However, government and corporate customers still prefer to book tickets and accommodation by TAs. Most TAs are affected by iReservation systems either negatively or positively, depending on how TAs respond with their sustaining strategies such as segmentation, targeting and positioning in the market.

Originality/value

It is clear that without proper strategies in facing turbulent changes in the tourism industry, eventually traditional TAs will be disintermediated.

Article
Publication date: 1 July 1998

Shabbir Hussain

Cultural aspects play an important role in technology transfer. Some member economies of the Asia Pacific Economic Cooperation (APEC) have recently conducted joint venture…

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Abstract

Cultural aspects play an important role in technology transfer. Some member economies of the Asia Pacific Economic Cooperation (APEC) have recently conducted joint venture studies with a common theme that cultural aspects are of crucial significance for both the suppliers and recipients of technology. This paper presents in part some of the results of the study conducted in Brunei Darussalam. The study focuses on Brunei‐Japan joint ventures located in Brunei. Based on these results, this study suggests three types of technology transfer models across cultures; that is, a success model, a partial success model, and a minimal success model. This investigation supports the general assertion that continuing changes in cultural values do bring about changes in work values and that, to accommodate different values, some changes in cultural aspects need also be accommodated. Thus, an organization may have to accept fusion of cultures and lowering of cultural barriers to facilitate the process of technology transfer.

Details

International Journal of Social Economics, vol. 25 no. 6/7/8
Type: Research Article
ISSN: 0306-8293

Keywords

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