Chinese discount shopping site Temu has entered Vietnam and Brunei after facing a ban in Indonesia. But its entry into Vietnam was rushed, seeing as the Temu website in the country was initially only available in English. It also only accepts payments through…
Malaysian coffee chain Zus Coffee has secured a US$57.27 million (RM 250) investment to support its expansion in Singapore and Brunei this year. The funding was secured from a consortium comprising private equity firm KV Asia Capital, Malaysian pension fund…
Singapore joins other major cities that have enabled open-loop Visa payment cards for public transport, including London, Sydney and New York. Commuters in Singapore can now use their Visa contactless cards or compatible devices to pay for bus or train rides…
Singaporean bubble tea brand Liho has launched in Brunei with its first outlet at Times Square Brunei Darussalam. The new Liho Brunei store is the result of a year’s preparation and is the first of 10 to 12 outlets planned across the country within the next…
International pizza franchise Pezzo has launched in Brunei Darussalam. The brand, operating under Satami Group of Companies, features a “Grab & Go” kiosk serving pizza by the slice for immediate purchase, and a “mix and match” pizza purchase option, whereby…
Toys R Us Brunei has relaunched its Mabohai Shopping Complex store. The reopening, after extensive redesign and renovation works, attracted long queues of shoppers hoping to pick up special deals promoting the event. Along with the reopening, the store has…
As a result of a wider economic expansion and diversification strategy, Brunei’s banking sector is growing at a rapid rate and attracting a new wave of international players Despite its small size, Brunei, a southeast Asian nation on the island of Borneo, is…
Baiduri Bank received the coveted Bank of The Year award from The Banker magazine, during an award ceremony in London. This achievement marks the fourth international banking award this year for Baiduri Bank. This is also the eleventh time that the bank has…
Now he will also be in charge of encouraging the implementation of digital payment technology. Previously based in Kuala Lumpur, Khan and his division will now be headquartered in Jakarta. Mastercard considers this a move towards recognition of Southeast…
The new Toys’R’Us Asia-Pacific president is Andre Javes. Taking up the role on May 27, Javes will oversee all operations and business activities for the company’s growing number of stores in Japan, Southeast Asia, Greater China and Australia, and he will be…
With demand from Hong Kong, Brunei and Malaysia, Indonesian fashion brand Berrybenka is taking steps to beef up its eCommerce services. It will also be opening more pop-up stores outside Jakarta, its main stronghold, The Jakarta Postreports. CEO Jason Lamuda…
The Brunei unit of United Overseas Bank (UOB) has offloaded its retail banking business to Baiduri Bank Berhad for BND65 million ($46.6 million). With the approval of a court declaration, banking and credit facilities made to customers of UOB Brunei and the…
Pazzion, home-grown shoe brand turned international sensation, has appointed award-winning PR agency, PR Communications to handle all its media relations programmes and special events. Since its conception in 2001, PAZZION has exploded onto the regional…
Trade value between Brunei and Indonesia increased by 4.10 per cent to to $812 million in 2014, a senior Indonesian diplomat said yesterday. Out of the $812 million, over 90 per cent of the business transaction was in oil and gas, according to Rudhito…