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Archive for ‘December, 2009’

Entrepreneurs eye Asean, China trade ties

BANDAR SERI BEGAWAN THE Asean-China Young Entrepreneurs Association (ACYEA) Forum focused on free trade agreement (FTA) issues between the Southeast Asian bloc and the world’s third largest economy during the second ACYEA forum in Nanning, China. The forum, held from December 14-17 and attended by about 200 young entrepreneurs, is a regional platform where young .

How the man believed to be Tan got away

BANDAR SERI BEGAWAN IN THE ongoing trial of Tan Kee Tai, who is accused of attempting to bribe two police officers to ignore his alleged money-lending business, a policeman yesterday testified in the Magistrates Court that the defendant had fled the scene after a policeman showed him his “warrant card” at a supermarket in Kuala .

Two arrested for fishing near oil field

BANDAR SERI BEGAWAN TWO men were arrested yesterday afternoon for fishing near an offshore oil field, according to a press release issued by Marine Police yesterday. The press statement said that the Marine Police had responded quickly to a report, and arrived at the scene to find two men fishing within an area apparently clearly .

Consumer fair offers part-time work for unemployed

BANDAR SERI BEGAWAN ORGANISERS of Consumer Fair Part 5 are looking to provide a brief respite for the unemployed in Brunei Darussalam, as it calls for part-time workers to help exhibitors cope with yet another anticipated record-breaking attendance at the upcoming expo. Jason Tee, marketing and sales manager at Sunlit Advertising, said that the push .

OBG’s report on Brunei 2009 launched

BANDAR SERI BEGAWAN THE Prime Minister’s Office and the Oxford Business Group (OBG) yesterday launched “The Report: Brunei Darussalam 2009″, a publication to attract potential foreign investors into the country by highlighting Brunei’s long-term development plans and significant increase in economic activity. The publication, the third in the series also to further enhance Brunei’s profile .

Brunei airport monitoring need for extra security

BANDAR SERI BEGAWAN SECURITY at Brunei International Airport (BIA) will be heightened “only if the threat is deemed higher than normal”, the Department of Civil Aviation (DCA) announced in a press release issued yesterday. The news follows a meeting on Monday between the Director of Civil Aviation, Hj Omarali Hj Mohd Jaafar, and top officials .

The iceman cometh and maketh a sale

BANDAR SERI BEGAWAN JACKY (not his real name) has a business built on ice and bits and pieces of “necessities” he supplies to vendors at the night market. The 50-year-old has been supplying these necessities to Pasar vendors for the past 16 years after he saw the business opportunity. “Before I started my business here, .

Brunei records small rise in unemployment rate

BANDAR SERI BEGAWAN BRUNEI has only recorded a small increase in its unemployment rate, despite the global economic crisis, said Oxford Business Group’s (OBG) Regional Editor Paulius Kuncinas. He said the rate of unemployment in Brunei is staying in low single digits of under four per cent and below the rate seen in 2006, while .

New store wants shoppers to turn Japanese

BANDAR SERI BEGAWAN DUBBED as Brunei’s first and only Japanese department store, Kanojyo promises customers a shopping experience akin to shopping in Japan. Lee Hang Seng, store manager, said the concept for the shop is common in other countries like Japan, Taiwan, Hong Kong, Singapore and Malaysia, but is relatively new to Brunei. “This is .

Oman firm says no ties to Brunei’s Galfar

BANDAR SERI BEGAWAN OMAN-BASED Galfar Engineering & Contracting SAOG has no dealings with Brunei-based Galfar Pembinaan and Perusahaan (B) Sdn Bhd, which is facing bankruptcy proceedings from creditors. In an email to The Brunei Times, S Muthukrishnan, chief financial officer at Galfar SAOG, said the Oman firm had issued a statement which stated that “the .


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