Wednesday, 27 July 2016

Oil prices seen at US$43/bbl in 2016: World Bank

2016-07-27 THE World Bank is raising its 2016 forecast for crude oil prices to US$43 per barrel from US$41/bbl owing to dwindling supply and robust demand. In its latest Commodities Markets Outlook report released yesterday, the Washington-based lender said...

Tuesday, 26 July 2016

Visa-free travel can boost tourism, air linkages

2016-07-26 THE move to waive visa requirements for Bruneians travelling to Taiwan is hoped to pave the way for increased tourism and better air linkages between the two countries. Geoffrey Han, Secretary of the Taipei Economic and Cultural Office in Brunei,...

Malaysian private uni to introduce courses in Brunei

2016-07-26 SEGI University & Colleges, the largest private higher education provider in Malaysia, is currently in talks with a local education provider to help bring its business and industry courses into Brunei. Crescent Sdn Bhd’s Chief Executive...

Brunei’s economic reforms bearing fruit: OBG

2016-07-26 BRUNEI’s economic reforms are beginning to yield results, according to analysis from the Oxford Business Group (OBG), as the sultanate is pushing towards developing its various non-oil sectors in the wake of global low oil prices. Citing Brunei’s...

Monday, 25 July 2016

Boosting your everyday genius in running a business

2016-07-25 YOU might just learn how to boost your everyday genius as you start reading a book written by Michael J Gelb called “Think Like Da Vinci”. If you are a business person, you may discover that Leonardo da Vinci could be an ally in solving your...

Caricaturist draws his way to business success

2016-07-25 MOHD Rezuan Hj Jamaeh has drawn over 1,000 caricatures for his clients since 2007 and he is not planning to stop anytime soon. The artist cum entrepreneur earns between $1,500 and $3,000 a month just by spending four hours a day sitting and...

Regulatory hurdles slow ASEAN food and beverage trade

2016-07-25 THE FOOD and beverage industry is one of the key industries in ASEAN. But intra-regional trade remains difficult as regulatory hurdles crimp the export and import of food and beverages within the region. The Brunei Times Business Journalist Koo...

Thai collectors warm to global art auctions

2016-07-25 THAI clients’ participation in international auction sales will show growth potential over the next few years when the local market environment becomes stable, said Julia Hu (pic), Christie’s vice president in charge of regional offices in Asia....

Philippine startup aims to ‘create meaning before money’

2016-07-25 LIVING in high-rise condominium buildings has made life easier for many workers in Metro Manila but with this comfort also comes the complication of having to maintain the unit amid hectic work schedules.One startup business seeks to meet the need...

Gwad Basha aims for Gadong crowd with second outlet

2016-07-25 GWAD Basha Arabian Restaurant and Catering Sdn Bhd recently opened a second branch to cater to a growing clientele.Gwad Basha’s Manager Esam Hassan Thabit decided to open another outlet following the success of the first branch in Kiarong which...

Sisters rake in profits from mobile spa boom

2016-07-25 THE beauty business proved to be a boon for three sisters who bring the day spa experience straight to their clients’ doorsteps.After completing a skin care and makeup course at Yaya Beauty House in Malaysia, the sisters Irsha Jaya, Faezah Jaya and...

G20 countries pledge to protect against Brexit shock

2016-07-25 GLOBAL finance officials promised yesterday to protect the world economy from the shockwaves of Britain’s European Union referendum and to boost sluggish growth.Envoys of the Group of 20 major economies also rejected trade protectionism, an issue...

Ports Department to reduce container charges by 36%

2016-07-25 THE Ports Department yesterday announced it will cut import and export-laden container charges by 36 per cent effective August 1. A statement issued by the department said that the reductions include stevedorage charges accounted to shipping...

Saturday, 23 July 2016

Muslimah fashion boutique keen to set up more outlets

2016-07-23 LOCAL Muslimah fashion boutique Qaisara Dreams is eyeing to open more branches to cater to its growing client base. Siti Nurarinah Mohd Haji, the shop’s proprietor, said the success of Qaisara Dreams’ boutique in Kiulap has encouraged her to put up...

New CEO network eyes Brunei execs

2016-07-23 A NEW networking platform for high-level company executives is seeking to recruit Brunei CEOs and those in similar positions to strengthen its regional presence by the middle of next year.CEO Superior Network International was founded in May this...

Perbadanan TAIB: No freezing of assets and withdrawals

2016-07-23 THE Perbadanan Tabung Amanah Islam Brunei (Perbadanan TAIB) has dispelled rumors on the alleged freezing of assets and withdrawals. “In the light of the recent message that has been circulated through Whatsapp messenger relating to the freezing...

Expanded Brunei-Korea trade to help diversify local economy

2016-07-23 BILATERAL trade between Brunei and South Korea can be expanded to include high value products such as technology and cosmetics to help the sultanate diversify its economy. In an interview, Kim Young-sun (pic), secretary general of the ASEAN-...

Thrifting for the Raya boosts sales of nasi katok stalls

2016-07-23 THE Raya spending spree has an unexpected beneficiary: the nasi katok vendors. Stalls and restaurants selling nasi katok are enjoying brisk business during the festive season. This is a welcome surprise for vendors and eatery owners who expected...

Friday, 22 July 2016

TelBru reopens Tg Bunut branch

2016-07-22 TELEKOM Brunei’s (TelBru) Tanjung Bunut branch has reopened after completing renovations.In a press statement issued yesterday, TelBru said the branch will start its operations today. TelBru customers in the area can go to this outlet to pay their...

Day spa taps new market for its services

2016-07-22 MOST day spas and beauty shops are targetted towards women, offering services like facial treatments and manicure exclusively to the fairer sex.But a day spa and beauty centre in Batu Bersurat is expanding its client base by offering its services...