Business » National

Saturday, 13 September 2014

LGS tech reduces costs of building houses

2014-09-13 BAKTYMA Developer Sdn Bhd, a local housing developer and real estate company, has adopted the use of light gauge steel (LGS) technology to reduce the cost of construction by at least 10 per cent.The LGS technology Baktyma Developer is using the...

More Bruneians interested in investing in Malaysian properties

2014-09-13 BRUNEIANS are getting more interested in property investment in the Malaysian states where there is high appreciation rate and yield, an executive of a large Malaysian developer company said yesterday. Vincent Tan, the head of Singapore office for...

Observing life while manning a stall

2014-09-13 SINCE she was a little child, manning a stall at the open-air market has been just like a cup of tea with an added bonus – observing the passing of time and how certain things changed while others remain the same.Now 54 years old, Rosnah Kamis said...

Friday, 12 September 2014

Private sector pays $2.1 billion to employees in 2010

2014-09-12 THE total compensation paid to employees in the private sector for the year 2010 amounted to $2.1 billion, according to the Department of Economic Planning and Development (JPKE). About $1.7 billion or 84 per cent of the total sum, went to...

BCFA seeks to bring more Chinese products to Brunei

2014-09-12 A TRADE association is seeking to introduce more advanced products from China to Brunei in a bid to increase the level of trade activities between the two countries, its senior official said. According to Brunei China Friendship Association (BCFA...

Promote SMEs innovation, APEC members urged

2014-09-12 MEMBERS of the Asia-Pacific Economic Cooperation (APEC) were encouraged to help promote innovation among small and medium enterprises (SMEs) in the region during the 21st APEC SME Ministerial Meeting in Nanjing, China, a press release from the...

AITI: Telcos complying with standards code

2014-09-12 THE Authority for Info-communications Technology and Industry of Brunei Darussalam (AITI) is currently reviewing the first quarterly reports submitted by local telecommunications companies’ compliance to the Code of Practice and Standards of...

Reaching consumers via drive-thru path

2014-09-12 BRUNEI may not have great infrastructure for pedestrians or mass transit system, but it might be a conducive place to set up drive-thrus.As the population mainly drive their cars to get to places, and walking from home to town is near impossible,...

Thursday, 11 September 2014

Brunei aims to cut retail price for home Internet by 2016

2014-09-11 BRUNEI aims to lower the retail price for home high-speed Internet to less than three per cent of the public’s average monthly income by 2016, said the Minister of Communications yesterday. The lower rate is for residential high speed broadband...

Be innovative, businesses told

2014-09-11 ENTREPRENEURS who wish to get into the global market need to be innovative with their business ideas, a senior official said yesterday.The government, through its Authority for Info-communications Technology Industry of Brunei Darussalam (AITI),...

Indonesia-Brunei ICT tie up proposed

2014-09-11 INDONESIA is keen to enhance cooperation with Brunei in the area of info-communications technology (ICT), said the republic’s minister for communication and information technology yesterday.Indonesia is keen to seek ways on how best to “connect”...

DELL eyeing to expand share in consumer PC market

2014-09-11 DELL INC, the world’s third biggest PC maker, is eyeing to grab a bigger a share of the consumer market in the Sultanate, a senior executive said yesterday.“We are growing our consumer business in a big way,” Mir Saadat Ali, Dell’s general manager...

Correction:

2014-09-11 IN AN article published September 9 titled "Brunei adopts best ICT practices, policies,” the first information on the National Broadband Policy in the fourth paragraph of the article was inaccurate.The National Broadband Policy was handed over in...

BCFA to acquire new base

2014-09-11 THE Brunei China Friendship Association (BCFA) will be handing over plans for a new office to the upcoming office bearers, the association’s vice president said yesterday.In an interview, Dr Md Firdaus Abd Rahman said that plans for the trade group...

CAE lures int’l aviation clients

2014-09-11 A CANADIAN simulations manufacturing company is seeking to lure global aviation customers to its training facility in Brunei by providing training that matches their certification, its regional executive said. Kevin Speed, director of CAE Brunei...

ARMM investments hit record high

2014-09-11 INVESTMENTS registered in the Autonomous Region in Muslim Mindanao (ARMM) hit a record high of P3.37 billion ($100 million) following the registration of three more companies in the third quarter of 2014, the Regional Board of Investments (RBOI)...

Wednesday, 10 September 2014

VC firm keen on creative industry

2014-09-10 LOCAL venture capital (VC) firm Seri Venture Capital Management Sdn Bhd is keen on the Sultanate’s creative industry and its potential investment opportunities. The company has been encouraged by the recent success of Brunei’s first feature film...

Differentiate buyers from end-users

2014-09-10 STARTUPS must identify their potential buyers and end users early in their business to avoid the pitfall that resulted from lack of sales, a business consultant said yesterday.Keith Tan, principal consultant of the Singapore-based Creative Nexus...

'Practice your elevator pitch'

2014-09-10 ENTREPRENEURS must keep their business pitch direct and short to increase their chances of getting an investor on board, a business consultant said yesterday. Keith Tan, principal consultant of the Singapore-based consultancy firm Creative Nexus...

Standard Chartered Bank won’t reintroduce car loans

2014-09-10 STANDARD Chartered Bank (SCB) has ruled out the possibility of reintroducing its hire purchase facility in Brunei.SCB Chief Executive Officer Lai Pei-Si said that car financing “is not the strength of Standard Chartered.”“Hire purchase is not...

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