imagine’s new partnership in data analytics to pave way for new services

Imagine has partnered up with Singapore-based artificial intelligence (AI) and data science solutions provider, Lynx Analytics hoping to leverage AI-driven analytics to transform customer interactions and support the commercialisation of new services for industries. Data analytics is the process or science of analysing raw data with the objective of detecting trends, pattern and behaviour, answer…

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BIBD pays close to $1.9M in business Zakat

Bank Islam Brunei Darussalam (BIBD) and its group of subsidiaries recently performed its obligation as a business by handing over its Zakat (tithe) on Business for the financial year 2020, along with Zakat for customer deposits to the Brunei Islamic Religious Council (MUIB). BIBD’s Zakat on Business for the Financial Year 2020 amounted to $1,894,504.82…

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MPRT pivots toward business tourism with new mid-year event Brunei MYCE 2021

The Ministry of Primary Resources and Tourism (MPRT) will be organising the month-long Brunei Mid-Year Conference and Exhibition (Brunei MYCE 2021) slated for June, hoping to hone in on the emerging Meetings, Incentives, Conferences and Events (MICE) tourism market and attract more “business travellers” into the sultanate. Speaking during a press conference recently, Permanent Secretary…

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BIBD Securities awarded for fund and asset management excellence

BIBD Securities and BIBD Asset Management (operating under the license of BIBD Securities), were recently awarded Best Investor Education (Brunei), Best Institutional House (Brunei) and Best Islamic Fund House (Brunei) by Asia Asset Management (AAM), a leading regional publication company that provides coverage of the Asian asset management industry. Managing Director of BIBD Securities Haji…

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Chinese Chambers of Commerce keen to explore local, international business ventures

The Chinese Chambers of Commerce (CCC) is looking to further strengthen their role in the economic development of the sultanate, hoping to leverage on potential collaborations with other business networks locally and internationally.  Speaking to The Bruneian, President Malcolm Lim Tiong Han explained as a non-profit Chinese business organisation, the CCC’s goal is to help…

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Standard Chartered launches Brunei’s first Islamic investment window, offers new Syariah-compliant investments

Standard Chartered Securities (SCS), a subsidiary of Standard Chartered Bank (SCB) became the first capital market service license holder in the sultanate to have been granted approval to conduct Islamic investment business services. The Islamic Investment offerings will be done through the first-ever Islamic window that has been approved by the Autoriti Monetari Brunei Darussalam…

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Progresif, Shell LiveWIRE strengthen collaboration further by inking new MoU

Progresif recently signed a Memorandum of Understanding (MoU) with Shell LiveWIRE Brunei on an agreement to develop the local startup ecosystem, putting the focus on the prospective education technology and on-demand logistics start-ups related to Progresif’s digital marketplaces. The ceremony was held at the Progresif Headquarters and saw the agreement being signed by Progresif CEO…

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Ghanim launches new local convenience store chain; ‘The Junction’

State-owned Ghanim International Corporation recently launched ‘The Junction’ Retail Entrepreneurship Programme aimed at strengthening local participation within the retail industry, with three new ‘The Junction’ Convenience Stores officially opened. The new stores are located at ‘The Korner’ of Armada’s Tungku Estate, where the launching ceremony took place, BIBD Connects Lambak and the Mentiri Community Hall,…

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