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AMBD issues $100 million Sukuk at 1.375% rental rate

The Autoriti Monetari Brunei Darussalam (AMBD) has issued a $100 million sukuk (Islamic bonds) at a rental rate of 1.3750 percent. The sultanate’s central bank in a statement recently said the 172th sukuk issuance was made on August 8, 2019 and will mature on November 7, 2019, based on a 91-day tenor. With the recent…

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Building a niche for rooster pageantry in Brunei

You can’t avoid thinking about lunch whenever you talk about chickens; but in this side of the world, those cute furry little friends actually serve more roles than just being meals on your plates. In place on good looking models, well-groomed chickens particularly the ‘Serama’ breed can be taken to center-stage and be evaluated for…

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All-new Mazda 3: compact and simple

The all-new Mazda 3 takes sophistication to a new level, sporting an exciting fresh look which elegant Kodo designs inspired by Japanese aesthetics. Both the sedan and hatchback units which were recently launched at Grand Motors showroom in Beribi carry elements that are finely refined to create clean beautiful designs, giving them elegant styling with…

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Korean group Shinwoo opens second luxury store in Brunei

Korean conglomerate Shinwoo recently launched its second store in the sultanate – ‘Modern Boutique’ – which sells premium-branded goods at prices similar to the ones it set in its duty-free shop inside the Brunei International Airport. The new outlet which is situated inside the Empire Hotel and Country Club boasts some of the renowned fashion…

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More Bruneians seek fertility and NCD treatments in Malaysia

Malaysia has seen a steady rise in the number of patients from Brunei last year seeking treatments for fertility and non-communicable diseases, according to a senior official at Malaysia Healthcare Travel Council (MHTC). The council’s Chief Commercial Officer (CCO) Nik Yazmin Nik Azman said that they have received and is still serving an increasing inflow…

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Exclusive viewing of new Mercedes-Benz for SC clients

Standard Chartered Bank (SC) recently treated more than 200 of its clients to the private viewing of the all-new Mercedes-Benz models – A-Class Sedan and CLA Coupe. During the launch at the Mercedes-Benz Autohaus, the CLA Coupe stunned the crowd with its bold yellow figure – it is larger, wider and lower in size with…

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NBT launches latest Toyota Avanza

NBT Brunei has officially unveiled the all-new face-lifted Toyota Avanza at all of its three showrooms recently. The Japanese carmaker Toyota brings modularity and practicality into the new Avanza with its fresh new design and styling. On the surface, the seven-seater is still loyal to the vein of its predecessor. The design changes of the…

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AMBD concludes Financial Awareness Roadshow at UBD

More than 550 students from universities and other education institutions were engaged with during Autoriti Monetari Brunei Darussalam’s (AMBD’s) five-day Financial Awareness Roadshow, which concluded at the Universiti Brunei Darussalam (UBD) earlier this week. The roadshow which began at Universiti Islam Sultan Sharif Ali (UNISSA) saw various finance agencies including Bank Islam Brunei Darussalam (BIBD),…

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