With a sustained focus on digital transformation, Baiduri Bank’s launch of new platforms in March 2020 was timely to say the least. Looking forward, it must now continue in its mission to empower the community and promote sustainable banking Established in 1994, Baiduri Bank is a full-service bank serving individuals, business, corporate and institutional clients […]
Read MoreMANILA – The Philippines and Brunei Darussalam signed an agreement in a bid to eliminate double taxation and prevent fiscal evasion on taxes involving income from cross-border transactions, the Finance department said Friday. The Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion With Respect To Taxes on Income (double taxation […]
Read MoreThe consumer price index (CPI) in April 2021 increased by 1.1 per cent year-on-year (y-o-y) compared to April 2020. Prices of food and non-alcoholic beverages increased by 1.5 per cent. Meanwhile, non-food prices increased by one per cent. The CPI increase was largely attributed to increases in the prices and costs of transport (7.2 per […]
Read MoreBrunei Darussalam’s inflation has been low and stable averaging around 1.2 per cent over the last 40 years. This was revealed by Autoriti Monetari Brunei Darussalam (AMBD) Deputy Managing Director (Monetary Operations/Development and International) Hajah Noorrafidah binti Haji Sulaiman in a presentation during the AMBD 10th Anniversary Seminar at The Rizqun International Hotel yesterday. Themed […]
Read MoreA new passport index from Sovereign Man rated Brunei Darussalam as having the world’s fifth most powerful passport. Brunei Darussalam scored 178.8, where travellers from the Sultanate can travel to 140 countries without a visa. The Sultanate scored an ‘A’ passport grade, which is an excellent travel document that provides access to the world’s most […]
Read MoreTotal trade for the country increased by 18.9 per cent from BND1,510.7 million to BND1,796.1 million in February compared to the same month last year, driven due to an increase of mineral fuel imports, according to statistics from the International Merchandise Trade Statistics (IMTS) report from the Department of Economic Planning and Statistics (JPES). For month-to-month changes, […]
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