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Answer to Oral Question PL211

Reading Summary

📖 Reading time: 2 minutes
📊 Word count: 225 words

YANG BERHORMAT DR. AWANG HAJI MAHALI BIN HAJI MOMIN​

QUESTION:

YANG BERHORMAT DR. AWANG HAJI MAHALI BIN HAJI MOMIN asked the MINISTER AT THE PRIME MINISTER'S OFFICE AND MINISTER OF FINANCE AND ECONOMY II to state when the Brunei stock exchange is expected to begin operations considering the necessity for legal amendments and listing guidelines that need to be resolved? With the feasibility study completed and the implementation phase informed to have started since March 2025, clarity on the timeline of the official launch of the stock exchange is important to enable investors and local companies to make preparations.

YANG BERHORMAT MINISTER AT THE PRIME MINISTER'S OFFICE AND MINISTER OF FINANCE AND ECONOMY II​

ANSWER:

Thank you Yang Berhormat Yang Di-Pertua,

Kaola would like to thank Yang Berhormat Dr. Awang Haji Mahali bin Haji Momin for the question regarding the Brunei stock exchange.

According to the current plan, the implementation phase of this project is expected to take two (2) years once started, and InsyaAllah the official launch of the stock exchange is targeted to be achieved in 2027, subject to the legal amendment process and the readiness of the system.

The Ministry of Finance and Economy greatly appreciates and is grateful for the support provided by all parties and will continue to strive to ensure that investors and local companies will be prepared and committed to the listing process ahead of the official launch of the Brunei stock exchange.

Thank you, Yang Berhormat Yang Di-Pertua.

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