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Brunei: Faster cashless payment for card users

THE Bank Islam Brunei Darussalam (BIBD) intensified its efforts in promoting cashless payments in Brunei by launching an integrated payment solution with Makan Ceria Sdn Bhd at McDonald’s Brunei Gadong Branch last Friday. The integration of the point-of-sale (POS) terminal with cash register system enables entering cashless payment details in cash register system, which will […]

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Brunei excels in several fronts

THE results for several international studies covering a range of topics recently released included Brunei Darussalam in their findings. One such study was the Henley Passport Index, in which the passport of Brunei Darussalam was named as the 21st most powerful in the world, with a visa-free/visa-on-arrival score of 165. Japan, Singapore and South Korea now […]

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Brunei: Focus on fostering innovation ecosystem

BUSINESS start-up programmes at DARe (Darussalam Enterprise), intellectual property (IP) protection in Brunei Darussalam, and a local solar company’s journey in patenting their products were among the topics discussed at the ‘Industry 4.0: Convergence of Innovation’ executive seminar held at Lecture Theatre 2 of Universiti Teknologi Brunei’s (UTB) Library Complex yesterday. The seminar was held […]

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Brunei: Financing to agricultural sector records major jump

LOANS/financing to the agricultural sector in Brunei Darussalam increased from BND11.9 million in 2015 to BND23.8 million in 2018. This aligns with the country’s diversification aspiration. According to Autoriti Monetari Brunei Darussalam (AMBD), Brunei Darussalam’s financial system, in which Islamic and conventional financial institutions co-exist in parallel, recorded an overall asset base of BND21.9 billion […]

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Brunei ranked 7 in ASEAN for broadband speed

BANDAR SERI BEGAWAN, April 19 (Xinhua) — Brunei was ranked seventh among Southeast Asian countries for fixed broadband speed for March this year. Speedtest.net released their monthly Global Index for mobile and fixed broadband speeds on Friday which showed that Brunei experienced download speeds of 19.03 megabits per second (Mbps) and upload speeds of 12.01 […]

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