Tuesday, 27 September 2016

Brunei’s healthcare sector projected for modest growth

2016-09-27 STRONG demand for medical services may help Brunei’s healthcare sector grow despite the low oil prices, according to the latest analysis from Business Monitoring International (BMI) Research. The business intelligence company noted that healthcare...

Monday, 26 September 2016

Buying term insurance makes more financial sense

2016-09-26 SOME of us risk being financially unprepared to cope with a life crisis but we can easily avoid that scary outcome by getting protection with term insurance. This is the most affordable way to be sufficiently covered, yet too many people have not...

Sweet success for a mother and daughter’s baking business

2016-09-26 A BLESSING in disguise. That is how Aliza Basirah Hj Ali Rahman describes the difficulty she once had in looking for a job. Two years ago, shortly after getting her higher national diploma in interior design, Aliza applied for numerous jobs. But...

Capital market to boost FDIs and local investments

2016-09-26 AT THE start of the year, the Autoriti Monetary Brunei Darussalam (AMBD) enforced two laws that aim to build a capital market in the sultanate. With this comes the expectation that eventually Brunei will soon launch its stock exchange, a place to...

Korean appliance brand to set up more outlets in Brunei

2016-09-26 KOREAN home and kitchen appliance brand Cuckoo International will be opening up six more stores this year to increase brand awareness in Brunei. “In the coming months, you will see at least six to seven more brand stores coming up and I can’t...

Online system to expedite food, car parts imports

2016-09-26 THE Brunei Darussalam National Single Window (BDNSW), the online platform for documentation related to import and export, will soon have an auto-approval process for declaration of food products and auto parts. “We are looking into enhancing our...

Korean restaurant chain eyeing to build central kitchen in Brunei

2016-09-26 THE Singapore-based franchisor of Korean restaurant chain Seoul Garden is looking to set up its central kitchen in Brunei to make high quality halal meals.Jeorje Tan, franchise executive director of Zingrill Holdings Pte Ltd, said having a large...

Sunday, 25 September 2016

Brunei is a growing FDI destination

2016-09-25 WHEN it comes to making a decision to invest in a foreign country, factors like economic stability, conducive business environment, access to raw materials, availability of skilled labour, level of taxation, as well as the cost of transportation...

Saturday, 24 September 2016

DHL Express to increase prices by 4.9 % in 2017

2016-09-24 DHL EXPRESS will increase prices for its services in Brunei by 4.9 per cent in 2017 in line with rising costs, the company said in a statement yesterday. The international delivery services provider adjusts its prices every year to take into...

New meter system seen to increase demand for taxi services

2016-09-24 THE local taxi industry is expecting the introduction of a metered system with government regulated fares can encourage locals to start using the service more. Brunei Taxi Association’s Chairman Robert Sia is hoping local commuters will accept the...

Festival to promote health and fitness biz

2016-09-24 THE upcoming health and fitness festival will help local entrepreneurs to promote their products and services among local fitness enthusiasts and health-conscious consumers. Siti Kaprawi, director of Astera Consultant, said the Brunei Fitness...

YEAB members join Shanghai competition

2016-09-24 THREE members of the Young Entrepreneurs Association Brunei (YEAB) will be participating in next week’s Third China Youth Innovation Entrepreneurship Competition.YEAB President Hjh Norlela Hj Buang, YEAB Executive Committee Member James Goh and...

CPI up 0.1% in August

2016-09-24 PRICES of consumer goods inched up to 0.1 per cent in August compared to the previous month owing to higher fabric and footwear prices, according to data from the Department of Economic Planning and Development (JPKE).JPKE said clothing and...

AMBD to hold roadshow on collateral registry system in KB

2016-09-24 BRUNEI’S central bank will hold a roadshow on the use of Collateral Registry System next week to help entrepreneurs get access to loans and capital by securing tangible assets.Autoriti Monetari Brunei Darussalam (AMBD) is inviting entrepreneurs to...

Friday, 23 September 2016

Iphone 7 sales in Brunei strong amid supply shortage

2016-09-23 MOBILE phone retailers in the country are seeing demand overtaking supply for Apple’s newly released iPhone models, with some waiting for new stock to arrive while contending with supply shortages.Apple’s iPhone 7 and 7 Plus went on sale last...

Businesses told: Work together to overcome obstacles

2016-09-23 COOPERATION among small enterprises can help overcome obstacles as opposed to remaining secretive in face of competition.In an interview with The Brunei Times last week, Lydia Moreno, deputy director of San Diego’s Economic Development Department...

Use social media to promote products

2016-09-23 STARTUPS should use social media as an effective, low-cost marketing tool to promote their products and services. This was suggested by Dean Green, a local business consultant, during a workshop organised by Darussalam Enterprise (DARE) yesterday....

New startup bootcamp programme for entrepreneurs

2016-09-23 DARUSSALAM Enterprise (DARE) is introducing a Startup Bootcamp programme to accelerate entrepreneurship in the country.In a press statement issued yesterday, DARE said that the 100-day programme serves as a platform for local startups to accelerate...

JPMC inks deal for cord blood banking services

2016-09-23 THE Jerudong Park Medical Centre (JPMC) has partnered with Malaysian firm StemLife Berhad to provide cord blood banking services for its patients. Through an MoU which was signed yesterday, JPMC will provide comprehensive cord blood and tissue...

Thursday, 22 September 2016

AMBD issues 136th sukuk

2016-09-22 THE Autoriti Monetari Brunei Darussalam (AMBD) has issued a $100 million-sukuk (Islamic bonds) at a rental rate of 0.7500 per cent.In a press release yesterday, the country’s central bank said the 136th issuance of short-term Sukuk Al-Ijarah...