Business » National

Tuesday, 22 July 2014

Gyms see dip in business

2014-07-22 FITNESS centres have seen a decrease in their business, but the dip has been manageable, gym operators said. The operators said that sales have been slower during the day because people who fast have either decided to stop working out in the...

Monday, 21 July 2014

The price of a scholarship

2014-07-21 GOVERNMENT scholarships have been a contentious issue over the last few years, in particular with regards ‘runaway’ bonded scholars. While it is understandable that the government wants to make use of its investment, a wide range of horror stories...

‘People laughed off my idea of a hot pot restaurant’

2014-07-21 THE determination to revive a family business and self-belief are what drove a local entrepreneur to start a hot pot restaurant. Ho Fu Wan, the owner of Berry Wan Hot Pot Restaurant, said she wanted to bring back her mother’s old hot pot business...

Helping local businesses foray into foreign markets

2014-07-21 THE establishment of an association that specifically handles matters relating to the food and beverage industry in Brunei is needed if the country wants its food export business to grow. Brunei’s chairman of the ASEAN Food and Beverage Alliance (...

Making ends meet with Raya sales

2014-07-21 RESTAURANTS and food businesses are relying on bookings for catering services this coming Raya to offset losses they have incurred during Ramadhan.Some have booked enough to cover for basic costs of running their business the past weeks.“The sales...

Satenaga dividend declines in 2013

2014-07-21 SYARIKAT Kerjasama Kg Tanjong Nangka (Satenaga) distributed eight per cent dividends to shareholders. The 2013 dividend is lower than the 10 per cent the cooperative gave out to shareholders from profits in 2012. Dato Paduka Hj Puasa Orang Kaya...

Saturday, 19 July 2014

MAS ticket holders seek info, cancel bookings

2014-07-19 TRAVEL agencies saw little to no cancellations of bookings with Malaysia Airlines (MAS) from customers so far following news that one of it’s aircraft was shot down over Ukraine on Thursday. Out of five travel agencies interviewed by The Brunei...

Aussie firm tapped for oil project

2014-07-19 EASTERNWELL, a subsidiary of asset management company Transfield Services, has partnered with Bruneian oil and gas servicing company Flux OS Sdn Bhd (Flux) to provide support services, the Australian company said Thursday.The company said that it “...

Cakoi vendor learns tricks of the trade as he goes along

2014-07-19 “I STARTED my cakoi business a year ago at Telisai, Tutong,” said Shahrol, a vendor at Gerai Ramadhan next to Bunut’s main mosque.“(This year, there are) more crowds,” he added. Shahrol said that he learned making cakoi from his wife. “Making cakoi...

Friday, 18 July 2014

2 supermarkets warned for exceeding price caps

2014-07-18 TWO supermarkets were issued a warning by price watch enforcers yesterday for violating regulations set by the Department of Economic Planning and Development (JPKE). Freshco Supermarket in Batu Satu and Hua Ho Department Store at the Yayasan...

QAF Auto awaits word on BMW recall

2014-07-18 QAF Auto Sdn Bhd, distributor of BMW automobiles, yesterday said that it was yet to receive word on the possible recall of BMW 3 series car models in the sultanate for potential airbag problems.The German marque said Wednesday it would recall 1.6...

Restaurants say this year’s sungkai sales ‘worst ever’

2014-07-18 SOME restaurants are facing their slowest sungkai sales ever compared to other years because of increased competition and reduced customer spending, among others. Restaurateurs and staff interviewed by The Brunei Times yesterday have said that it...

Programme to match Brunei businesses with venture capital

2014-07-18 HUNGRY Herd, a business mentorship programme, provides local entrepreneurs with the initial step and opportunities towards being able to secure venture capital and foreign funding, said the co-initiatior of the programme yesterday.Through the...

Thursday, 17 July 2014

JVs for deep-sea fishing sought

2014-07-17 THE Department of Fisheries wants to see more joint ventures fishing in Brunei’s deep waters and is inviting Korean companies to pair up with the locals, said the department’s acting chief recently. The zone, which is located around 45 to 200...

Animation studio TruVector Designs finds niche abroad

2014-07-17 STARTUP animation studio TrueVector Designs decided to market itself overseas. The company specialises in animation works, and has developed 2D and 3D animated video commercials and corporate videos for its clients in Singapore. Its founder Zaim...

Gasoline consumption up, diesel use down in 2013: IMF

2014-07-17 CONSUMPTION of gasoline in the domestic market rose 1.7 per cent in 2013, according to energy sector statistics from the International Monetary Fund’s (IMF) annual country assessment of Brunei. According to IMF, which cited data from the...

Wednesday, 16 July 2014

7 new patents filed by oil, pharma, water firms in June

2014-07-16 SEVEN patents, mostly from oil and gas companies, have been filed with the Brunei Patent Office, according to the patent journal.   Four of the seven patents are from oil and gas companies for oil recovery and refining. Two are from...

Berry Wan sales surge with branch expansion

2014-07-16 LOCAL hotpot restaurant Berry Wan saw a 70 per cent increase in sales after expanding the size of its Gadong branch to accommodate more customers. The restaurant underwent renovation for several weeks since early June and extended into two new...

Government jobs down, wages up in 2012, says IMF

2014-07-16 GOVERNMENT jobs went down 1.5 per cent in 2012 while public sector salaries increased in the March 2012-2013 financial year, data obtained by the International Monetary Fund show. The IMF, citing the Department of Economic Planning and Development...

Shift in strategy allows Kg Kapok to sell more banana chips

2014-07-16 A CHANGE in its sales and promotion strategy allowed Kg Kapok to enjoy higher sales for the village’s banana chips, the village head said yesterday. In an interview, Hj Marali Hj Ahmad said that the village has enjoyed a steady flow of income with...

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