Tag: Brunei

China has begun a US$278 million worth of Brunei’s Muara Port expansion, the country’s leading maritime gateway, in a push to deepen Southeast Asia trade links as Chinese exports to the region climb and shipments to the U.S. slide. Details: ...

Algeria formally applied to join the BRICS bloc and pledged $1.5 billion to become a shareholder in the group's New Development Bank. The offer came at the end of President Abdelmadjid Tebboune's five-day visit to China on Friday, when he also met with Huawei founder Ren Zhengfei in Shenzhen. 

Six telecom carriers from four countries in Asia signed an agreement to build a new regional undersea high bandwidth cable. The $300 million Asia Link Cable system will stretch 6,000 kilometers from southern China to the Philippines, Brunei and Singapore.