BIBD is among world?s top 1,000 banks Thursday, July 14, 2016 – BANK Islam Brunei Darussalam (BIBD), the sultanate?s flagship financial institution, is among the top 1,000 banks in the world, according to a prestigious financial publication. BIBD has maintained its overall 740th place among the world?s biggest banks and had improved on its rankings […]
Read MoreBrunei?s biggest cooperative to venture into employment agency services Tuesday, July 12, 2016 – KOPERASI Berkat Kerja Karas Semua Senang (BKSS), one of the largest cooperatives in Brunei, has received approval to operate an employment agency that recruits foreign workers. BKSS Chairman Hj Md Salleh Mohiddin (pic) said that the cooperative had received the Foreign […]
Read MoreRinggit demand in Brunei soars during festive season Tuesday, July 12, 2016 – MONEY changers in the country recorded an influx of Malaysian Ringgit buyers over the Hari Raya Aidil Fitri holidays. Vendors interviewed by The Brunei Times said that the Malaysian Ringgit was selling hot within the first three days of Hari Raya, making […]
Read MoreBrunei?s insurance industry to slow down in 2016 Monday, July 11, 2016 – THE growth of Brunei?s insurance industry in 2016 may be stunted due to decreased economic activity, said the chairman of the Brunei Insurance and Takaful Association in an interview with the Oxford Business Group. Hj Osman Hj Mohd Jair (pictured) said that […]
Read MoreSingapore: Singapore bankers see $30 bln flowing back to Indonesia Thursday, 4 August 2016 – Indonesians who have stashed billions of dollars abroad over the years can now bring their hoard safely back home – literally, to a newly bought condo. That’s the pitch from PT Intiland Development Tbk and other Indonesian property developers that […]
Read MoreMyanmar: Myanmar’s Kanbawza Bank opens office in Bangkok Wednesday, 3 August 2016 – Kanbawza Bank (KBZ Bank) has opened a representative office in Bangkok, the first Myanmar bank to establish an international presence.Earlier this year, KBZ Bank officially received a licence from the Bank of Thailand to open the office in the capital. The bank […]
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