Business » National
Sunday, 21 March 2010
BRUNEI and Hong Kong yesterday signed an agreement to avoid double taxation and to allow the two governments to monitor and track down potential tax evaders.The deal moves the Sultanate a step closer to being stricken off the Organisation for...
BRUNEI'S full-year inflation rose 1.8 per cent last year as compared to 2.7 per cent in 2008, government statistics yesterday showed.In a statement, the Department of Economic Planning and Development said among the groups monitored, recreation...
SINCE she was small, Rusita Batang, a vendor in Tamu Kianggeh Bandar has been helping her mother sell kueh (cakes) at Kg Ayer as well as run a weekend stall in Bandar and another at the wet market.Rusita's mother has passed away, but she is...
Saturday, 20 March 2010
"IT IS not the creation of wealth that is wrong, but the love of money for its own sake." Margaret Thatcher, British politician and prime ministerThe desire to be wealthy has existed for as long as man learned to value material objects and...
BRUNEI National Petroleum Company (PetroleumBRUNEI) is ramping up exploration activities with drilling works in Blocks L and M scheduled this year and a couple of seismic surveys slated next year to identify more deposits.PetroleumBRUNEI chief...
RADISSON will be making its Brunei debut with a new face at the helm, and new facilities to bring it in line with the hotel's brand image, Carlson Hotels yesterday said. Peter Feran, an Australian national, was appointed as general manager of the...
Friday, 19 March 2010
STANDARD CHARTERED Bank (SCB) is giving its Priority Banking customers up 12 per cent interest earnings through its latest wealth management offerings.In its new exclusive promotion, SCB Priority Banking customers will enjoy "attractive...
DIVERSIFYING one's business is never easy. Just ask Rishi "Babu" Chadha, owner of Daiecharm Decor Sdn Bhd, who has just opened his newest business, Bombay Palace, a northern Indian restaurant."It took me about two years of planning...
THE government yesterday assured the Sultanate has sufficient budget for development projects, including housing and infrastructure.Minister of Development, Pehin Orang Kaya Hamzah Pahlawan Dato Seri Setia Hj Abdullah Begawan Mudim Dato Paduka...
COMMERCIAL properties need "management corporations" that will make sure common areas, like staircases and elevators, are properly maintained, a minister said during the State Legislative Council meeting yesterday.Minister of Development...
Thursday, 18 March 2010
THE modular housing concept is set to pave the way for a more cost-effective and efficient construction industry, said speakers at a seminar on "Modular Design and Construction for Housing Projects in Negara Brunei Darussalam" organised by...
NATIONAL carrier Royal Brunei Airlines (RBA) and local attraction, The Empire Hotel and Country Club are both nominated for the 17th World Travel Awards, voted by travel agents worldwide.The website stated that RBA is nominated for "Asia's...
BUSINESSMEN holding Bruneian permanent resident status who regularly visit Malaysia for work purposes should be able to travel between the two countries without the hassle of applying for visas.This issue was brought up at yesterday's Legistlative...
Wednesday, 17 March 2010
BUSINESS executives yesterday welcomed the news of the corporate tax cut slated for 2011. Some said they would soon plan how to utilise the extra capital expediture for the benefit of their businesses.Second Minister of Finance, Pehin Orang Kaya...
FOR those looking to diversify their investment portfolio, a commercial bank is offering bonds as an "excellent alternative" with lower risks than equities. The first commercial bank in Brunei to do so, Standard Chartered Bank held a talk...
Tuesday, 16 March 2010
THERE needs to be tighter regulations and standards against prudential risks of financial institutions, a Ministry of Finance official yesterday said.In opening a workshop on capital adequacy, transparency and market discipline among finance...
AS THE Islamic finance market grows, debates remain on some of the Islamic financial structures which some scholars spurn for being too close for comfort to conventional finance products. The Brunei Times speaks with Sri Anne Masri, a local...
INDONESIA wants to boost energy and halal ties with Brunei, a visiting official yesterday said, citing Brunei's expertise in the two fields.Dr Anggito Abimanyu, deputy to Indonesia's Minister of Finance and acting head of the Fiscal Policy Office...
BRUNEI has been voted onto the board of trustees of the Asian Directory Publishers Association Inc (Adpai), which groups independent yellow pages directory publishers throughout the world, on the back of impressive advertising. The board of trustees...
ASIAN oil exporter Brunei has cut the retroactive official selling price (OSP) of its crude for February by US$2.18 a barrel from January, with flagship Seria Light set at US$73.23, a market source said yesterday.This leaves Brunei crude 2 US cents...
Feel free to comment on this article using your Facebook account. By submitting your comment,
you agree to the Terms and Conditions for the use of this comments feature, as stated here.
