'finance' Stories - The Scoop

COVID-19 pandemic pushes up Brunei’s inflation rate The cost of goods and services increases to an eight-year high in April

July 8, 2020

BANDAR SERI BEGAWAN – Consumers are expected to pay more for goods and services for the rest of the year as the COVID-19…

Brunei stock exchange a work in progress Listing and trading rules are being drafted as part of preparations to open the new bourse

March 14, 2020

BANDAR SERI BEGAWAN – Preparations are under way to establish Brunei’s stock exchange, including identifying companies that are ready to be listed, the…

BIA acquires Fajr Capital’s 29% stake in BIBD The acquisition makes the bank wholly Bruneian-owned, with the gov't as majority shareholder

January 16, 2020

BANDAR SERI BEGAWAN – The Brunei Investment Agency (BIA) has acquired Fajr Capital’s 29 percent stake in Bank Islam Brunei Darussalam (BIBD), the…

Sponsored Content

Sponsored Content

Saving for that home renovation or dream holiday? Takaful Nur Savings can help with your short-term financial goals Save and invest from as little as $25 a month

October 30, 2019

The desire to make the most out of life and balance our needs against our wants may seem like a daunting task at…

Opinion

Opinion

Commonwealth warns of sleep-walking into another debt crisis Global borrowing is at record highs but avoiding a looming crisis requires concerted effort, says sec-gen

October 18, 2019

Trade wars, protectionism, and nationalist rhetoric are combining to weave the possibility of a nightmare debt crisis that could be worse than any…

BIBD posts 27% profit in 2018, assets surpass $10 billion The Islamic bank continues to dominate domestic banking industry

September 14, 2019

BANDAR SERI BEGAWAN – Brunei’s largest financial institution, Bank Islam Brunei Darussalam (BIBD), posted a net profit of $147 million in 2018, a…

$414 million package announced to launch Brunei’s stock exchange Ministry of Finance and Economy tables $814 million budget for FY 2019/20

March 13, 2019

BANDAR SERI BEGAWAN – The Ministry of Finance and Economy (MoFE) on Wednesday tabled a budget of $814 million for the 2019/2020 fiscal…

BIBD posts record profits in 2017, increasing profitability by 39% The Islamic bank expects further growth in next two years on the back of Brunei's recovering economy

July 12, 2018

BANDAR SERI BEGAWAN – Brunei’s largest financial institution, Bank Islam Brunei Darussalam (BIBD), posted its largest profits to date recording $169 million in…

Tag: finance