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Wawasan Brunei 2035
Through its five-year National Development Plans, Hassanal Bolkiah, Sultan Hassanal Bolkiah's administration actively promotes the development of a number of key sectors in an effort to spur economic growth. These describe the allocation of government funds and the budget designated for national development in several fields. As the first national development plan to be created in accordance with the goals of Brunei's recently unveiled long-term development plan, better known as Wawasan Brunei 2035 (English language, English: Brunei Vision 2035), the current 9th National Development Plan (2007–2012) represents a strategic shift in the planning and execution of development projects. Given that Brunei's oil supplies are expected to run out in the near future, Wawasan directly confronts the issue of the country's dependence on gas. Governance structure Supreme Council The Sultan emphasized the significance of tracking the country's progress toward the Wawasan Brunei 2035 in 2014 ...
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Lumut 15 January 2023 08
Lumut can refer to: * Lumut, Perak, a coastal town in Malaysia ** Lumut (federal constituency), Perak * Lumut, Brunei, a populated place in Belait District, Brunei See also

* Bukit Lumut Balai, a stratovolcano on Sumatraisland, Indonesia {{Disambig, geo ...
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World Bank High-income Economy
A high-income economy is defined by the World Bank as a nation with a gross national income per capita of US$12,696 or more in 2020, calculated using the Atlas method. While the term "high-income" is often used interchangeably with " First World" and " developed country," the technical definitions of these terms differ. The term "first world" commonly refers to countries that aligned themselves with the U.S. and NATO during the Cold War. Several institutions, such as the Central Intelligence Agency (CIA) or International Monetary Fund (IMF), take factors other than high per capita income into account when classifying countries as "developed" or "advanced economies." According to the United Nations, for example, some high-income countries may also be developing countries. The GCC countries, for example, are classified as developing high-income countries. Thus, a high-income country may be classified as either developed or developing. Although the Vatican City is a sovereign state, ...
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Small And Medium-sized Enterprises
Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by international organizations such as the World Bank, the European Union, the United Nations, and the World Trade Organization (WTO). In any given national economy, SMEs sometimes outnumber large companies by a wide margin and also employ many more people. For example, Australian SMEs makeup 98% of all Australian businesses, produce one-third of the total GDP (gross domestic product) and employ 4.7 million people. In Chile, in the commercial year 2014, 98.5% of the firms were classified as SMEs. In Tunisia, the self-employed workers alone account for about 28% of the total non-farm employment, and firms with fewer than 100 employees account for about 62% of total employment. The United States' SMEs generate half of all U.S. jobs, but only 40% of GDP. Developing countries tend to have a lar ...
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Business Development
Business development entails tasks and processes to develop and implement growth opportunities within and between organizations. It is a subset of the fields of business, commerce and organizational theory. Business development is the creation of long-term value for an organization from customers, markets, and relationships. Business development can be taken to mean any activity by either a small or large organization, non-profit or for-profit enterprise which serves the purpose of ‘developing’ the business in some way. In addition, business development activities can be done internally or externally by a business development consultant. External business development can be facilitated through Planning Systems, which are put in place by governments to help small businesses. In addition, reputation building has also proven to help facilitate business development. Overview In the limited scholarly work available on the subject, business development is conceptualized as or relate ...
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Sovereignty
Sovereignty is the defining authority within individual consciousness, social construct, or territory. Sovereignty entails hierarchy within the state, as well as external autonomy for states. In any state, sovereignty is assigned to the person, body, or institution that has the ultimate authority over other people in order to establish a law or change an existing law. In political theory, sovereignty is a substantive term designating supreme legitimate authority over some polity. In international law, sovereignty is the exercise of power by a state. ''De jure'' sovereignty refers to the legal right to do so; ''de facto'' sovereignty refers to the factual ability to do so. This can become an issue of special concern upon the failure of the usual expectation that ''de jure'' and ''de facto'' sovereignty exist at the place and time of concern, and reside within the same organization. Etymology The term arises from the unattested Vulgar Latin's ''*superanus'', (itself derived ...
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Political Decay
Political decay is a political theory, originally described by Samuel P. Huntington, which describes how chaos and disorder can arise from social modernization increasing more rapidly than political and institutional modernization. Huntington provides different definitions for political development and describes the forms of political decay according to the various definitions. Huntington focuses primarily on political development as modernization and institutionalization. However, he points to the different definitions of political development as being arbitrary ways to understanding the rise of political systems and the relationship between the political systems in different nations. Political development Huntington identifies two characteristics of political development. The first is that development is synonymous with modernization, thus political development can be defined as political modernization. The second is that there are many criteria to measure political development bec ...
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Natural Disaster
A natural disaster is "the negative impact following an actual occurrence of natural hazard in the event that it significantly harms a community". A natural disaster can cause loss of life or damage property, and typically leaves some economic damage in its wake. The severity of the damage depends on the affected population's resilience and on the infrastructure available. Examples of natural hazards include: avalanche, coastal flooding, cold wave, drought, earthquake, hail, heat wave, hurricane (tropical cyclone), ice storm, landslide, lightning, riverine flooding, strong wind, tornado, typhoon, tsunami, volcanic activity, wildfire, winter weather. In modern times, the divide between natural, man-made and man-accelerated disasters is quite difficult to draw. Human choices and activities like architecture, fire, resource management or even climate change potentially play a role in causing "natural disasters". In fact, the term "natural disaster" has been called a misnom ...
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Disease
A disease is a particular abnormal condition that negatively affects the structure or function of all or part of an organism, and that is not immediately due to any external injury. Diseases are often known to be medical conditions that are associated with specific signs and symptoms. A disease may be caused by external factors such as pathogens or by internal dysfunctions. For example, internal dysfunctions of the immune system can produce a variety of different diseases, including various forms of immunodeficiency, hypersensitivity, allergies and autoimmune disorders. In humans, ''disease'' is often used more broadly to refer to any condition that causes pain, dysfunction, distress, social problems, or death to the person affected, or similar problems for those in contact with the person. In this broader sense, it sometimes includes injuries, disabilities, disorders, syndromes, infections, isolated symptoms, deviant behaviors, and atypical variations of structur ...
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Foreign Relations Of Brunei
Brunei joined ASEAN on 7 January 1984, one week after resuming full independence, and gives its ASEAN membership the highest priority in its foreign relations. Brunei joined the United Nations in September 1984. It is also a member of the Organisation of Islamic Cooperation (OIC), the Asia-Pacific Economic Cooperation (APEC) forum and the Commonwealth of Nations. Brunei hosted the APEC Economic Leaders' Meeting in November 2000. In 2005 it attended the inaugural East Asia Summit. Brunei has a number of diplomatic missions abroad and has close relations with Singapore, sharing an interchangeable currency regime as well as close military relations with the latter island-state. Aside from relations with other ASEAN states, of which the Philippines, Indonesia, and Malaysia are key partners, Brunei also has extensive relations with the Muslim world and the Arab world outside its own region. International organizations Brunei became a member state of the Commonwealth in 1984, ASE ...
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Royal Brunei Armed Forces
The Royal Brunei Armed Forces (RBAF); ms, Angkatan Bersenjata Diraja Brunei, (ABDB), is the collective term for the military forces of the sultanate of Brunei Darussalam. They consist of the Royal Brunei Land Forces (RBLF), the Royal Brunei Navy (RBN), and the Royal Brunei Air Force (RBAirF). The head of the Royal Brunei Armed Forces is the supreme commander, and is held by the Sultan of Brunei, and the incumbent is Sultan Hassanal Bolkiah. They are managed under the Ministry of Defence of Brunei. The Royal Brunei Armed Forces were formed on , with British support; this date is annually marked as Armed Forces Day. Name Upon inception, the Royal Brunei Armed Forces were originally known as the Brunei Malay Regiment (, AMB). On , the word '' (Malay for 'Royal') was added to the title, hence it became known as the Royal Brunei Malay Regiment (, AMDB). It finally adopted its current name on , that is on the day Brunei proclaimed independence from the United Kingdom. Organi ...
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Fossil Fuel
A fossil fuel is a hydrocarbon-containing material formed naturally in the Earth's crust from the remains of dead plants and animals that is extracted and burned as a fuel. The main fossil fuels are coal, oil, and natural gas. Fossil fuels may be burned to provide heat for use directly (such as for cooking or heating), to power engines (such as internal combustion engines in motor vehicles), or to generate electricity. Some fossil fuels are refined into derivatives such as kerosene, gasoline and propane before burning. The origin of fossil fuels is the anaerobic decomposition of buried dead organisms, containing organic molecules created by photosynthesis. The conversion from these materials to high-carbon fossil fuels typically require a geological process of millions of years. In 2019, 84% of primary energy consumption in the world and 64% of its electricity was from fossil fuels. The large-scale burning of fossil fuels causes serious environmental damage. Over 80% of t ...
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Foreign Direct Investment
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. The origin of the investment does not impact the definition, as an FDI: the investment may be made either "inorganically" by buying a company in the target country or "organically" by expanding the operations of an existing business in that country. Definitions Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans". In a narrow sense, foreign direct investment refers just to building new facility, and a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI is the sum of equity capital, long-term capital, and short-term capital ...
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