The Asian Development Bank sees the trade-dependent region tracking developments in the global economy, buoyed by mass vaccinations and fiscal and monetary stimulus.
Improving market competition can help enhance the efficiency of the logistics sector in Brunei Darussalam and support efforts to diversify its economy.
Right interventions, including better sorting, setting recycled content targets, and restricting disposal in landfills, among others, are key, says World Bank study.
An OECD report recommends measures to enhance competition and market entry in the logistics sector for freight transport, freight forwarding, and value-added services.