Kwang Min Kwee, a local Chinese permanent resident, officiated his tyre and car servicing shop yesterday in Kg Sungai Tilong. The Wei Liang Tyre and Car Servicing is selling various tyre brands from Malaysia, Singapore, South Korea, China and Japan.
number of view: 17
The Managing Proprietor of Darul Trustee Remittance, Pg Hj Abbas Pg Hj Besar, welcomed the arrival in Brunei recently of two overseas representatives from Philippine government financial institution, Land Bank of the Philippines. “They came to help us promote businesses among foreign workers here,” said Pg Hj Abbas, who has an office in Gadong.
Grace Sausa, .
A TEST-LAB will soon be made available by the government for local SMEs to conduct tests on their products such as ‘packaging safety test’, the Bulletin learnt recently. The move is expected to boost the export potential of locally-made products.
The laboratory will also offer calibration services for tools and equipment used by SMEs as well .
THE outgoing Ambassador of the People’s Republic of China, Madame Tong Xiaoling, paid a courtesy call on one of Brunei Darussalam’s most prominent businessmen, Pehin Goh King Chin of GHK Motors Sdn Bhd yesterday.
During the meeting, both sides discussed ways to further enhance trade and tourism in the Sultanate and China. Pehin Goh expressed his .
BANDAR SERI BEGAWAN
TELEKOM Brunei Berhad (TelBru), Plant Integrity Assurance (PIA) Pte Ltd, an advanced Asset Integrity Management (AIM) organisation based in Singapore and TS Global Networks (TSGN) Sdn Bhd, an established system integrator and service provider for satellite communications equipment and services, have signed a joint venture agreement for the formation of a company to .
BANDAR SERI BEGAWAN
BRUNEI automobile market leader NBT (B) Sdn Bhd posted a minimal drop in sales last month but kept its lead over competitors.
The exclusive dealer of Toyota vehicles in the Sultanate, NBT sold 279 units of passenger cars and Sport Utility Vehicles in February, slightly down from 330 in January this year, based on .
BANDAR SERI BEGAWAN
THE number one selling car in China for 2009, Great Wall, is hoping to make their mark in the Bruneian market with four current models.
Luqman Hakim, the branch manager of Great Wall Motors, owned by Worldwide Motor Sdn Bhd, told The Brunei Times that seven units had already been sold during the first .
The SPE Applied Technology Workshop (ATW) themed “Asset Revitalisation through Technology Innovations for Economically Valuable Solutions” began yesterday after it was officiated by the Minister of Energy at the Prime Minister’s Office, Pehin Orang Kaya Seri Dewa Major General (Rtd) Dato Seri Pahlawan Awg Hj Mohammad Hj Daud at the Indera Kayangan Ballroom, Empire Hotel.
The .
The Brunei Economic Development Board (BEDB) announced yesterday that His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam has consented for major upgrade works at the Brunei International Airport (BIA).
Brunei’s sole and quaint international airport was built in 1974 and, with little renovations and upgrades since, has fallen far behind the region’s impressive and .
THE Business And Commercial Department of Sultan Bolkiah Vocational School recently held a seminar and business simulation workshop at the Oil and Gas Discovery Centre, a press release said.
In his welcoming remarks, Principal of Sultan Bolkiah Vocational School, Awg Akandi Bin Hj Abd Razak said that the seminar was the result of the efforts of .
THE Royal Bank of Canada (RBC) is currently in negotiations with local authorities for an investment management licence, as the bank realises the potential market in the wealth management segment in Brunei.
This was revealed by top executives of RBC who were in the sultanate last week. Chief Executive Michael Lagopoulos told the Bulletin that the .
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BRUNEI has to start taking proactive measures and come up with preventive regulations and policies for its insurance industry, in order to be more competitive globally.
Arup Chatterjee, principal administrator of the International Association of Insurance Supervisors (IAIS), said that since the global financial crisis, there has been a movement in the industry, .
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STANDARD Chartered Bank is offering Small and Medium Enterprises (SMEs) a special Business Instalment Loan promotion from now till April 2, 2010 that features 100 per cent waived processing fees.
Lim Yu Kwang, General Manager of SME at Standard Chartered Bank stated: “We understand the challenges that SMEs face such as growing financial needs .
TUTONG
THE National Standards Council may pave the way for a “Brunei standard” for fragmented industries in Brunei Darussalam.
A businessman speaking on condition of anonymity said he anticipates that the establishment of a standards council is a key development for industries that have various standards and certifications that could prove a stumbling block for businesses.
“The efforts .
STANDARD Chartered Bank has extended its banking hours from 9am to 9pm from Monday to Friday at its Manggis branch at the Manggis Mall.
On Saturday, banking hours will be from 9am to 4pm. On Sunday and public holidays, banking operation will be from 11am to 4pm.
General Manager Branch Sales and Services Olivia Yong said this .
TUTONG
THE government is drafting a law to ensure Bruneian companies meet international standards and to facilitate the set-up of a body that will enforce the standards.
In an interview, Md Khairol Amilin Hj Maidin of the National Standards Centre yesterday said that the formulation of the National Standards Act “will centralise all standards activities in Brunei .
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BUILDING an investment portfolio is not easy as there is never any guarantee on whether there will be returns.
Hugh Young, managing director of asset management firm Aberdeen Asset Management Limited, said that one of the most important things that an investor can do is to do their homework and “never take anyone’s .
BANDAR SERI BEGAWAN
STANDARD Chartered Bank is seeking out clients to guide them through the changes in credit card rules, a bank officer yesterday said.
“We’re implementing these regulatory changes in a few stages so we’ve got a team calling up our customers and we’ve sent out letters inviting customers to come and talk to us, to .
TO MARK International Women’s Day, Standard Chartered Bank will launch the Women in Business Resource Centre, an online tool designed to help women entrepreneurs start and grow their own businesses.
According to a press release from Standard Chartered, “Standard Chartered believes entrepreneurship plays a key role in economic growth in the Bank’s markets in Asia, Africa .
AS the Malaysia Showcase 2010 drew to a close yesterday, the majority of exhibitors expressed their delight with the overwhelming response from consumers and trade visitors during the three-day event.
M K Land Group Sales and Marketing Manager Puteri Sayang Abdul Ghafar described the overall response as `extremely good’ on the final day of the event.
“Before .
HSBC Brunei is the first foreign bank to initiate a trade settlement transaction in Renmimbi (RMB) currency.
CMB BSB hosted a seminar last month for customers to showcase HSBC’s capabilities in RMB trade settlement as well as cross-border banking services offered via the CMB International Banking Centre (IBC).
Fifty per cent of the attendees expressed interest in .
THE three-day Temburong Products Fair that took place at Giant Hypermarket, in Rimba recently, received a far better response from the public than was expected.
Some 17 SMEs were able to promote a wide array of their products which included dried foods, handicrafts such as woven clothes and beads from several Mukims and village consultative councils .
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A MALAYSIAN-BASED certification body is currently in discussion with the Ministry of Religious Affairs and local small and medium enterprises (SMEs) to elevate them to international quality standards.
In an interview with The Brunei Times
yesterday, Mohd Hasli Mohd Rozali, an executive at the Corporate Affairs and Marketing Section of the Standards and .
TO MARK International Women’s Day, Standard Chartered Bank will launch the Women in Business Resource Centre, an online tool designed to help women entrepreneurs start and grow their own businesses.
Standard Chartered believes entrepreneurship plays a key role in economic growth in the Bank’s markets in Asia, Africa and the Middle East. “We believe that .
BANDAR SERI BEGAWAN
CYBERVIEW Sdn Bhd, landowner of Malaysia’s Cyberjaya, is hoping to attract Brunei’s small and medium enterprises in the ICT sector to locate in Malaysia’s Silicon Valley.
Muhammad Zaki Mohd Saman, marketing and resource support services manager of Cyberview, said, “I know that (ICT) is a very new thing here in Brunei, that’s why we .
BRUNEI-MUARA
Over 1,000 hectares opened up for farming
MORE than 1,000 hectares of land area in Brunei-Muara District have been opened up and used for rice production in order to stay on track to achieve the nations’s target of 20 per cent self-sufficiency in rice for this year, the Director of Department of Agriculture and Agrifood (DAA) .
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THE Empire Hotel & Country Club is looking to corner more of the Chinese tourist market, its general manager said.
“China is definitely the largest market for Brunei and we need to tap into that. The direct flight between Brunei and Shanghai by the Royal Brunei Airlines (RBA) is very important for us,” said .
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BRUNEI’S “halal ecosystem” of initiatives can serve as a model for other countries seeking an integrated approach, a government consultant said.
Because of the Sultanate’s imaginative, innovative and integrated halal programme, by default, Brunei has taken the leadership role in the halal market, said Hj Abdalhamid David Evans, the managing director and senior .
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IT’S not everyday you go to work with 700 goats, but that’s exactly what Hashim Bahari and his three staff do at the Penabai Agricultural Farm in Tutong.
The Penabai Agricultural Farm was established as early as the 1980s, but only started to focus on raising Boer goats in June 2007.
The farm .
HSBC Brunei through its Commercial Banking Brunei (CMB) has held a seminar for its customers to showcase HSBC’s capabilities in Renmimbi (RMB) or Yuan trade settlement as well as cross-border banking services offered via the CMB International Banking Centre (IBC).
Response to the seminar was encouraging with 50 per cent of attendees expressed interest in .
