Business » National

Tuesday, 21 April 2015

Biz, technologists to explore concept of ‘smart nations’

2015-04-21 TECHNOLOGISTS, business leaders and innovators will be gathering in Singapore this week to explore the concept of “smart nations”. Participants in the Smart Nation Innovation 2015, which will start today, will discuss how to tap into critical...

Rising demand for gold bars, jewellery

2015-04-21 DEMAND for gold is on the rise as more Bruneians are buying gold bars and jewellery as personal investments. Local goldsmiths and jewellers interviewed by The Brunei Timessaid financially-savvy buyers has boosted local sales. A gold trader said...

Free SIM card promo boosts Progresif subscribers

2015-04-21 ABOUT 8,000 new subscribers have signed up with local mobile communications company Progresif Cellular Sdn Bhd (PCSB) after the company removed its SIM card charges early last month. PCSB has identified SIM card charges as among the factors that...

ASEAN summit to focus on integration, free trade

2015-04-21 THE elimination of trade barriers particularly in the sectors which carry the potential to deepen regional economic integration will take centre stage in the business agenda during the 26th ASEAN Summit which will start this Friday in Kuala Lumpur...

Monday, 20 April 2015

Taking the risk: Badi'ah Hotel a successful transformation

2015-04-20 FOUR YEARS ago, the building where Badi’ah Hotel Brunei now operates in used to be a commercial and office building which could be seen from the Hassanal Bolkiah Highway as you drive into the city centre. Over the years, the Badi’ah Complex, as it...

Aiming for increased transshipment activity to spur logistics growth

2015-04-20 BRUNEI’S logistics industry cannot grow without increased transshipment activity. In order achieve a higher rate of growth for transshipment, the Ports Department under the Ministry of Communications has taken few steps including attracting more...

What matters most when starting out a new business

2015-04-20 Dear Standard Chartered Bank, what are the best practices/steps I should take into consideration when starting a business? Advice It’s always great to hear that more and more people are interested to start their own business. No matter which...

Hoteliers keen to strengthen partnership with Tourism Board

2015-04-20 THE Brunei Tourism Board should work together with hotels in the Sultanate to promote tourism products including hotel stays in Brunei to foreigners abroad, said a hotelier recently. Manager of Badi’ah Hotel Brunei said it is very important for...

The courage to pursue ‘amazing ideas’

2015-04-20 ONE should always have the courage to materialise “amazing business ideas”, entrepreneur Santi Majid says. The results, she says, will be worth the effort. She adds that getting information and help to realise a business idea is easily accessible...

Saturday, 18 April 2015

State events support hotel industry

2015-04-18 HOTELS in Brunei will benefit from state or national events as they bring in more tourists into the country, said an hotelier yesterday. Events such as the ASEAN Summit meeting in 2013 and the Southeast Asian Games attracted more tourists than the...

Biz need to manage cash flow

2015-04-18 BUSINESSES in Brunei must manage their operational cost and cash flow amidst current weak global oil prices. “Brunei’s economic growth figures will be affected by the low oil prices as the country is dependent on oil and gas as its main source of...

AEC implementation may be delayed: ASEAN BAC

2015-04-18 THE ASEAN Economic Community (AEC) may not be fully realised by this year with some of the aspects in the AEC Blueprint delayed from its targeted date, the ASEAN Business Advisory Council for Brunei (ASEAN BAC) said in a statement yesterday. The...

Progresif sees 40% rise in daily voice calls

2015-04-18 A LOCAL mobile communications firm is expecting a 40 per cent increase in its average daily traffic for voice calls by the end of the month, when its voice promotion ends following the elimination of receiving call charges announced in March....

Friday, 17 April 2015

Unemployment drops 0.9% in February

2015-04-17 THE number of unemployed Bruneians in February was recorded at 14,814, 0.9 per cent lower than the the previous month, the Department of Economic Planning and Development (JPKE) reported yesterday. There were 14,950 unemployed people in January....

Higher cargo transshipment to boost logistics sector

2015-04-17 INCREASED cargo transshipment is key for the country’s ports and logistics industry to keep up the five to six per cent growth as expected under the Wawasan (Vision) 2035 goals. According to Pg Hj Mohd Zain Pg Hj Abd Razak, Director of Ports, the...

New funding to boost Zalora’s ASEAN biz

2015-04-17 BEING part of a larger and established company has helped Zalora, one of Southeast Asia’s leading online retailers, cement its leading position in the region, including Brunei. Global Fashion Group (GFG), a Luxembourg-based holding company of five...

AMBD issues $100 million sukuk

2015-04-17 THE Autoriti Monetari Brunei Darussalam (AMBD) has issued a $100 million-sukuk (Islamic bonds) at a rental rate of 0.80 per cent. According to a statement released by AMBD, the 117th issuance of its short-term Sukuk Al-Ijarah securities was made...

‘Muara Port has potential to become a regional hub’

2015-04-17 MUARA Port has the potential to capture incoming transshipment from cargo-heavy markets in the East ASEAN Growth Area (BIMP-EAGA) and beyond resulting in an increased revenue base and channels for connectivity. In an interview, Ooi Lean Hin,...

Thursday, 16 April 2015

Regional shipping links to expand Brunei trade

2015-04-16 BRUNEI is set to economically benefit from an increased regional link which will complement the imports trade among Brunei, Singapore and Malaysia following the maiden voyage of the container vessel MV MTT Muara from Muara Port. According to Dato...

New company eyed to manage Muara Port

2015-04-16 A NEW company is being eyed to run the operations of the Muara Container Terminal (MCT) as the current contract is expiring “very soon”, a senior official said yesterday In an interview with the media, Pg Hj Mohd Zain Pg Hj Abd Razak, Director of...

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