THE IMPORTANT ROLE OF FOREIGN DIRECT INVESTMENT RESEARCH PROPOSAL IN BRUNEI: CURRENT STATUS AND FUTURE DIRECTION
Foreign direct investment (FDI) is an extensive cross-border investment between a direct investor (either an individual or business entity) from a stronger economy and a direct investment enterprise in another country conducted by the previous not for exploratory or provisional purposes only, but to instead acquire a long-term relationship with the latter in order to serve its domestic markets, make the most of its resources, or create a stage that will serve world markets through exports ( Capital Markets Consultative Group [CMCG] Working Group, 2003; Jensen, 2003; United Nations, 2003). In the FDI long-term relationship, the function of the direct investor or the foreign company in an FDI agreement is to manage direct investment enterprise activities, which include the construction of long-term establishments (such as manufacturing facilities, bank premises, warehouses and other long-term organizations) and conducting investments, joint ventures, cross-mergers and /...