Business » National

Tuesday, 25 August 2015

TPP to realise diversification goals

2015-08-25 THE Trans-Pacific Partnership (TPP) will help realise the vision of His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah, the Sultan and Yang Di-Pertuan of Brunei Darussalam’s for a stronger and more diversified economy, a top ranking...

Indonesian batik producer looking for local partners, distributors

2015-08-25 INDONESIAN Batik producer Margaria Batik, wants to appoint Bruneian partners to become distributors in a bid to enter the Brunei market, said a senior official of the company. The Jogjakarta-based batik retailer also wants to be in the Sultanate...

On a mission to farm, export Udang Galah

2015-08-25 A FAMILY farm is restarting its freshwater prawn business with goals to expand beyond Brunei. Usaha Tani Deli Duman, a family farm in Labi, Belait, has recently re-started its Udang Galah (giant freshwater prawn) aquaculture after retired teacher...

Monday, 24 August 2015

Pros and cons of acquiring credit cards

2015-08-24 I HAVE just entered the workforce and am thinking of applying for a credit card. Please guide me on how to best utilise a credit card and what I need to take into account before applying for one. Advice First of all congratulations on getting...

Lively atmosphere brings good business to ‘Gerai Perayaan’ vendors

2015-08-24 THE past week has seen the heart of the capital buzzing with life well after sundown. Local vendors are quick not to miss this, as residents and tourists alike come to enjoy the ‘Gerai Perayaan’ or bazaar held in conjunction with His Majesty...

Maybank eyeing to be Brunei’s leading bank for financing services

2015-08-24 MALAYSIA’S Maybank plans to increase presence after bagging the ‘fastest growing foreign bank’ award in Brunei for 2015, awarded by international monthly financial magazine, Global Finance. The bank’s general manager for Brunei operations, Lim Yu...

Pitstop: first KB cube shop selling freshly made food, drinks

2015-08-24 A THIRD cube rental outlet has opened in Kuala Belait recently, aiming to separate itself from the competition by carving out a niche selling freshly cooked food. Pitstop KB, owned and managed by married couple Siti Fatimah Masayu Mohd Suria and...

‘Brunei, gateway to Middle East market’

2015-08-24 AN INDONESIAN company providing fire fighthing equipment is keen on forming joint ventures in Brunei as a way to use the country's location to sell its products to the wider region. In an interview, Hj Md Solikhin, Managing Director of PT Somawi...

Brunei businesses to leverage from weakening ringgit

2015-08-24 THE weak Malaysian ringgit will help Bruneian businesses cut the cost of importing goods from Malaysia and also spur cross-border shopping among Bruneian public, Maybank’s general manager for Brunei said recently. “It (the depreciation of...

Saturday, 22 August 2015

Maybank to digitise system, attract more customers

2015-08-22 MALAYSIA’s Maybank plans to digitise its services in the sultanate to optimise productivity and customer service, said the bank’s country head and general manager for Brunei operations yesterday. The bank wants to strengthen its presence in Brunei...

Brunei, UK can collaborate in improving infrastructure

2015-08-22 TRANSPORTATION and development of smart cities are two areas that could be further pursued between the United Kingdom (UK) and Brunei as the Sultanate seeks to improve its infrastructure, the British High Commissioner said. In a recent interview,...

Local cooperatives may soon have apex body: BINA

2015-08-22 COOPERATIVES in the sultanate may soon get a leg up from the formation of an apex body which will be able to promote them nationally and internationally. According to Hj Metassan Hj Abd Salim, Director of the Brunei Industrial Development Auhority...

Friday, 21 August 2015

Autoriti Monetari Brunei Darussalam issues $100 million sukuk

2015-08-21 THE Autoriti Monetari Brunei Darussalam (AMBD) has issued a $100 million-sukuk (Islamic bonds) at a rental rate of 0.83 per cent. In a statement, the sultanate’s central bank said the 120th sukuk issuance was made on August 20, 2015 and is set to...

CodeOff Challenge Hackathon to benefit local programmers

2015-08-21 LOCAL programmers will have the opportunity to network and find potential business partners in an upcoming hackathon event. In a press release yesterday, telecommunications regulator Authority for Info-communications Technology (AITI) and training...

Biz owner banks on rising popularity of Korean culture

2015-08-21 THE increase in popularity of Korean culture in Brunei has encouraged a business owner to open up a store which will exclusively sell products from Korea. Owner of Sarang Korean restaurant, Bomi Oh, told The Brunei Times that she will be opening...

Bureau Veritas to help MIPR step up quality of service

2015-08-21 IN EFFORTS to improve quality of services, boost transparency and gain public confidence, the Ministry of Industry and Primary Resource`s (MIPR) yesterday appointed Bureau Veritas, a global testing and certification body, as an external auditor....

Thursday, 20 August 2015

Malaysian cooperatives seeking business deals with local partners

2015-08-20 A DELEGATION of Malaysian cooperatives and its apex body was in the Sultanate yesterday to attend a business matching session with local cooperatives. The Malaysian delegation is composed of executive members of the Angkatan Koperasi Kebangsaan...

Singapore-based bullion retailer eyes Bruneian investors

2015-08-20 SINGAPOREAN bullion retailer, Silver Bullion Pte Ltd, which recently launched a bullion-backed peer-to-peer loan platform, is keen to extend its services to Bruneian investors. According to Vergel Villasoto, director of Silver Bullion, investors...

Managers should hire jobseekers with the right attitude

2015-08-20 MORE than technical competence, company managers need to assess the jobseekers’ attitude before they can be hired. According to Tim Wade, founder of a Singapore-based global business training firm, while it’s important for a new team member to...

Qidiaku to set up branch in KB

2015-08-20 INDOOR play and learning centre Qidiaku is planning to set up a branch in Kuala Belait to meet the demand from parents in the district as well as those from Miri, Sarawak. According to Caroline Abrigo-Abacan, Qidiaku’s marketing and events manager...

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