Answer to Oral Question PL211
QUESTION
Yang Berhormat Dr. Awang Haji Mahali bin Haji Momin
YANG BERHORMAT DR. AWANG HAJI MAHALI BIN HAJI MOMIN asks Yang Berhormat Menteri di Jabatan Perdana Menteri dan Menteri Kewangan dan Ekonomi II to state when the Brunei stock exchange is expected to begin operations, taking into account the need for amendments to laws and listing guidelines that need to be completed? With the feasibility study having been completed and the implementation phase informed to have begun since March 2025, clarity regarding the official launch timeline of the stock exchange is important to enable investors and local companies to make preparations.
ANSWER
Yang Berhormat Menteri di Jabatan Perdana Menteri dan Menteri Kewangan dan Ekonomi II
Thank you Yang Berhormat Yang Di-Pertua,
Kaola would like to express thanks to Yang Berhormat Dr. Awang Haji Mahali bin Haji Momin for the question regarding the Brunei stock exchange.
Based on the latest planning, the implementation phase of this project is estimated to take two (2) years after it begins, and InsyaAllah the official launch of the stock exchange is targeted to be carried out in 2027, subject to the process of legislative amendments and the readiness of the system at that time.
The Ministry of Finance and Economy greatly appreciates and is honoured by the support that has been given by all parties, and will continue to strive to ensure that investors and local companies will be ready and committed in the listing process leading up to the official launch of the Brunei stock exchange.
That is all, thank you Yang Berhormat Yang Di-Pertua.
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