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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Elon Musk’s SpaceX raises $1.16 billion in equity financing

Billionaire Elon Musk’s SpaceX has raised about $1.16 billion in equity financing over the last two months, the private rocket company said in an amended regulatory filing on Wednesday. The filing comes after SpaceX, whose investors include Alphabet Inc and Fidelity Investments, in February disclosed that it raised about $850 million, which had reportedly lifted…

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Real frustrate Liverpool to move into last four

Real Madrid moved into the semi-finals of the Champions League after their makeshift defence held on for 0-0 second-leg draw with Liverpool at Anfield on Wednesday to complete a 3-1 aggregate win. The Spanish side will face Chelsea in the last four as they search for their fifth Champions League title in eight years. Liverpool,…

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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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Children swap classrooms for beach lessons in Spain

Does having school at the beach sound like a dream? After a year of remote learning and socially distanced classrooms, one school in the Spanish region of Murcia is doing just that, trying to combine clear air and a new way of teaching. Outside the Felix Rodriguez de la Fuente school, mask-wearing children sit before…

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Brunei-Malaysia to pave way for vaccine diplomacy and further economic cooperation

Brunei and Malaysia are banking on possible cooperation in vaccine diplomacy including the acknowledgment of the nations’ respective vaccination certificates to facilitate cross-border movement of people between both countries.  This was revealed in a Joint Statement between His Majesty Sultan Haji Hassanal Bolkiah Mu’izzadin Waddaulah the Sultan and Yang Di-Pertuan of Brunei Darussalam and Tan…

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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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Brunei Mentors for Entrepreneurs Network records 300 mentoring engagements

The Brunei Mentors for Entrepreneurs Network (BMEN) has recorded 300 mentoring engagements by established business owners, industry experts and professionals in the country with micro, small and medium enterprises (MSMEs) from across various industries since its inception in 2019. The initiative which is a close collaboration between Darussalam Enterprise (DARe) and ASEAN Business Advisory Council…

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