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Brunei-China trade volume rises year-on-year

The bilateral trade volume between Brunei Darussalam and China grew to US$1.91 billion in 2020, an increase of 72.5 per cent year on year, while Bruneian exports to China surged by 217 per cent. This was revealed during a media appreciation dinner organised by the embassy recently by the Chinese Ambassador to Brunei Darussalam, Yu…

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Butra HeidelbergCement reduces cement price

Butra HeidelbergCement (BHC), the producer of Brunei Cement, has reduced the price of its cement in the country by $5 per metric tonne, effective 9 February 2021. While being highly affected by the COVID-19 pandemic and slowing economy, the company is still making the move to lower its cement price in the country, according to…

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AMBD issues $100 million sukuk

The Autoriti Monetari Brunei Darussalam (AMBD) has issued a total of $100 million sukuk (Islamic bonds) at a rental rate of 0.25 per cent. The country’s central bank in a statement recently said that the 191st issuance of sukuk was made on 4 February and will mature on 6 May 2021 based on a 91-day…

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BIBD ALAF Centre to create Industry 4.0-ready students

The new Bank Islam Brunei Darussalam ALAF (Advocating Life-Long Learning for an Aspiring Future) Centre for Excellence and Empowerment (CEE) is committed towards enriching student learning with state-of-the-art facilities that cater to the demand of the Fourth Industrial Revolution. Located at the PGGMB building at the capital, the CEE, which began operations last year, acts…

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Newly launched SkillUP app instrumental towards local manpower development

The newly launched competency tracking platform SkillUP will allow the sultanate to measure the competency level of local manpower within the country’s energy sector, allowing for a more informed decision making for manpower development in the future.  The digital application was launched on Wednesday during the Manpower Industry Steering Committee (MISC) Working Group for Energy…

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A-ConKleen reaches two, committed towards expansion

Local airconditioning service and Hydrokleen provider A-ConKleen is looking to expand its team in light of growing demand and clientship, having serviced over 5,500 units upon reaching its second year of operations. Having been in operation since 2019, the company specialises in cleaning and sanitising home air conditioning units by using the award-winning Australian Standard…

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COSMO committed to strengthening digital skills of students

Cosmopolitan College of Commerce and Technology (COSMO) is committed to expanding its tech-based capabilities in order to ensure that students are employable and job-ready amidst the fourth industrial revolution (4IR). Speaking in an interview, COSMO Principal Nadirah Jambol noted how there has been a growing demand for digital skills as of late due to the…

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