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Brunei: BIBD’s Sustained Performance Reflects the Nation’s Ongoing Economic Diversification Efforts in Non-Energy Industries

A record dividend of 14.7 cents for every ordinary share for the year ended 31 December 2016 has been declared by Bank Islam Brunei Darussalam, BIBD. The record dividend is more than double the previous year’s high of 7.3 cents. The highest ever dividend reflects BIBD’s commitment to deliver better returns to its shareholders. The […]

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SEZ to transform Brunei into world-class economic hub

A SIGNIFICANT Memorandum of Understanding (MoU) was signed last month to set up a strategic public-private partnership (PPP) for the development of a Special Economic Zone (SEZ) in Brunei Darussalam. The MoU was signed between CFLD (Singapore) Investment Pte Ltd, the government of Brunei Darussalam and Darussalam Assets Sdn Bhd (DA) in a signing ceremony […]

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Brunei, CETC Sign MoU for Digital Economy Development

The government of Brunei Darussalam and the China Electronics and Technology Group Corporation, CETC International of the People’s Republic of China announced a significant step forward exploring opportunities of collaboration together through a memorandum of understanding MOU between the two parties. This move is following the Foreign Direct Investment and Downstream Industries Steering Committee’s approval […]

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Brunei Placed 5th in Unemployment Rate with 6.7 Percent

A total of 12,934 job seekers had registered under the Employment Center Brunei (Brunei Jobcentre -JCB). Fraction of the total, 2,362 are those who graduated with a Degree and above, HND 1,212, 3,661 Vocational and Technical, 468 for Pre-University and 5,231 people for High school qualification and below. Senior Planning Advisor at the center, Ilyasuriani […]

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Brunei: Local Agricultural Produce Can Limit Imports

Brunei’s reliance on import of fruits and vegetables increases due to insufficient local farmers to produce agriculture produce. The issues brought forwards during a business matching session between local importing companies and farmers at Ministry of Primary Resources and Tourism (MPRT) yesterday. The session was one of the initiatives to support its Strategic Plan 2016-2020, […]

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