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:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“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)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)