BIBD: Best Retail Bank for eight straight years

Bank Islam Brunei Darussalam (BIBD), the sultanate’s largest Islamic financial institution, has once again been recognised as the Best Retail Bank in Brunei by The Asian Banker – the region’s leading financial services, research, benchmarking and intelligence consultancy. This marks the eighth consecutive year the bank has won and retained the prestigious award, truly showcasing…

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Sumbiling Eco Village: supporting local community via domestic tourism

Sumbiling Eco Village (SEV), an eco-lodge located in the green jewel of Brunei has reopened after almost two months of closure, hoping to bank on domestic tourism to sustain its business and to support the indigenous community under their employment.  Known for its ecotourism, the riverside village primarily employs members of the local Iban community…

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Brunei hotel industry records over $2 million drop in revenue

Brunei’s hotel industry is in a severe economic bind, reporting an 80 percent or $2.9 million drops in revenue last month compared to January of 2020, with a number of hotels under threat of permanent closure as the COVID-19 pandemic persists worldwide. This was revealed by the President of the Brunei Association of Hotels (BAH),…

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Brunei’s paddy output grows by 36 per cent in Q1

Brunei Darussalam’s paddy output grew by 36 percent in the first quarter of 2020 compared to last year, as more commercial rice farms plant the sultanate’s latest high-yielding hybrid rice variety Sembada188. According to data from the Department of Agriculture and Agrifood (DAA), Brunei produced 1,801.38 metric tonnes of paddy between January and March this…

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BIBD hands over more than $2.2m in business zakat

Bank Islam Brunei Darussalam (BIBD) yesterday performed its obligation as a business by handing over its Zakat on Business for the financial year 2019, along with Zakat for customer deposits to the Brunei Islamic Religious Council (MUIB). BIBD’s Zakat on Business for 2019 and the balance for 2018 amounted to $2,222,727.76 whilst Zakat for customers…

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BruHealth app to be upgraded, Raya guidelines introduced

The newly-launched tracing app BruHealth will be updated with a new feature on Friday – a separate QR Code for takeaway customers, announced the minister of health. With the additional item, customers can use it when entering a restaurant just for takeaway purposes instead of scanning existing QR codes that are meant for dine-ins. “A…

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MMW introduces advertising grant for MSMEs

MMW, a local-based creative and brand management agency, has introduced an advertising grant to help local micro, small and medium enterprises (MSMEs) market their products and services better, amid the COVID-19 outbreak. Under the grant, Brunei-registered MSMEs from any industry can apply for media support in the form of Mixel Nationwide advertising package with a…

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95% of the population use the internet daily, says ICT report

Ninety-five per cent of individuals in the sultanate are using the internet daily, according to the Brunei Darussalam ICT Household Report 2019, with smartphones being ranked as the top device used to go online. In a press statement to mark World Telecommunication and Information Society Day (WTISD 2020) which falls on May 17, the Ministry…

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Bidasari Hideout Kitchen: Eco Ponies’ blessing in disguise

The local tourism sector has borne the brunt of the global COVID-19 outbreak.  With travel bans and national lockdowns putting the brakes on all inbound travellers into the sultanate,  many tourism operators are at a loss, buckling at the inability to conduct business as usual during this time of crisis.  For one operator, however, the…

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Over 5,000 stranded parcels collected from Miri, Limbang

A total of 5,156 stranded parcels were collected by the Postal Services Department from neighbouring Miri and Limbang in Sarawak. This was revealed by the Minister of Transport and Infocommunications during a press conference on Thursday at the Ministry of Health. Yang Berhormat Dato Seri Setia Abdul Mutalib Pehin Orang Kaya Seri Setia Dato Paduka…

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