Economy
Before the establishment of the oil and gas industry, Brunei-Muara was the center of the coal industry, which was first mined in 1837. Until 1924, up to 650,000 tonnes of coal was produced.
Today the district is the largest commercial district within Brunei, with the busy commercial centers of Gadong and Kiulap within the city centre. Brunei's largest shopping mall, The Mall is located in Gadong Town. A number of hotels are also located, such as the Sheraton Utama Hotel, Rizqun International Hotel and Empire Hotel and Country Club. Tourism is also one of the largest contributors to the district's GDP, since the district contains the most number of tourist attractions in the country.
All of the government ministry headquarters are located in this district, such as the Ministry of Finance Brunei. Some of the international corporations' local headquarters are located in the nation's capital, Bandar Seri Begawan, namely Royal Brunei Airlines, HSBC, Standard Chartered Bank, Bank Islam Brunei Darussalam and many other corporations and businesses.
Read more about this topic: Brunei-Muara District
Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)