Latest Brunei Statistics Year Book

I was conducting a course on writing a business plan recently, and covering the topics of Market Research and Marketing strategy.

Whilst I was looking up online about brunei statistics, I stumbled upon the Brunei Darussalam Statistic Year Book 2010 at the JPKE Website at http://www.depd.gov.bn/SI/BDSYB2010/BDSYB%202010.pdf

I decided to download it and upload it to scribd to be able to show on this site directly.

 

Brunei Darussalam Statistics Year Book 2010

Brunei’s Marriage Statistics

I was reading some business plans at livewire, and found one about wedding planner, they had reference an interesting statistics on Muslim Marriage in Brunei. The statistic is available online at http://www.mms.gov.bn/malay/images/stories/pdf/PPPR/stat_pppr_2001_2010.pdf
below is a copy of it on this website.
stat_pppr_2001_2010 – Marriage by year vs District
Now looking at the statistic, there is an annual average of 2000 marriages per year, where about 75% of them occur in the Brunei-Muara District.
I found this statistic interesting, because it reflects on the Wedding Industry.
That means that for an annual of 2000 weddings per year,
there are about 2000/50=40 weddings per week.
or about 2000/12=160 per month
So for wedding related businesses this seems to be a small market.
Business such as photographers, caterers, Pelamin providers, etc can only do at maximum 1 per week or 4 times a month. that means there’s only market for 40 wedding service providers in Brunei. 80 if they all work at 50% capacity (or only twice a month), or 160 if they only do once a month.

I haven’t done a research on the actual number of the wedding service providers, but it does seem that Brunei has more supplier than demand in the wedding industry. This is probably why good wedding photographers charge high. Amateur photographers who charge less will push themselves out of the market as they may not be able to sustain themselves. Of course this is assuming that the photographers only cater to the local market and do not spread over outside of Brunei.

Business Plan Writing

I gave a quick 3 Hour presentation on Writing a Business Plan for LiveWIRE Brunei in their Be a Succesful Owner/Manager Workshop. Basically, it is what I’ve learned from my own research when I created my own Business Plans and Participating in Business Plan Competitions such as the LiveWIRE Business Plan Awards and The Think Big Business Plan Awards.

The Topics I covered include:

Here is the Presentation Slides I used.