Year: 2023

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Retails Sales Index and Food and Beverages Services Index

In the third quarter, Q3 2022, the performance of the retail sales showed a year-on-year increase of 4.8 percent with an estimated value increased from $407.4 million to $427 million. The Department of Economic Planning and Statistics, DEPS, Ministry of Finance and Economy in its press release on Retails Sales Index and Food and Beverages Services Index informed that in terms of volume, the retail sales also recorded a positive growth of 2.4 percent year-on-year.

 

The increase in retail sales was mainly caused by an increase in sales of Textiles, Wearing Apparel and Footwear, followed by sales of Hardware, Paints and Glass in specialized stores; sales at Petrol Station and sales of Watches and Jewellery. The increase was due to the rise in domestic demand in line with the reduction in control measures following the cessation of the COVID-19 Early Endemic Phase as opposed to the third quarter in the previous year. In addition, the sales volume of these retail activities also registered an increase. Compared to the second quarter 2022, the retail sales in Q3 2022 has recorded a decrease of 8.8 percent.

 

As for the food and beverages services, it has increased by 30.1 percent compared to Q3 2021 with an estimated sales revenue increased from $81.1 million to $105.5 million. In terms of volume, food and beverages activity also recorded a positive growth of 26 per cent year-on-year. The increase in sales revenue of food and beverages was mainly attributed by the increase in the sales revenue of Restaurants, followed by the increase in sales revenue of Fast-food Outlets; Catering Service Activities and Beverage Serving Activities. The increase was due to the no dine-in capacity limitations since early June 2022. As for the food and beverage services, it has recorded an increase of 6.9 percent in Q3 2022.

 

Full report of Retail Sales Index (RSI) and Food & Beverages Services Index for third quarter 2022 can be obtained through the website at JPES di deps.mofe.gov.bn.

 

 

Source: Radio Television Brunei

 

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“Ceria Kampung Ku” Family Day

The Kampung Senukoh Consultative Council Committee yesterday morning held the “Ceria Kampung Ku” Family Day. The event was held at Orang Kaya Sura Haji Tuba bin Taliff Community Hall in Temburong District.

 

Among lined-up at the event were aerobic session, walkathon and sports events. The family day aimed to create joy among the village residents.

 

 

Source: Radio Television Brunei

 

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International Merchandise Trade Statistics September 2022

The total trade recorded an increase of 13.5 percent from $2,267.5 million in September 2021 to $2,572.8 million in September 2022, contributed by a rise in both export and import value between those periods. The Department of Economic Planning and Statistics, DEPS, Ministry of Finance and Economy in its press release informed that compared to August 2022, total trade fell 7.2 percent due to a fall in exports and imports value, mainly Mineral Fuels.

 

Total exports increased by 22.6 percent to $1612.2 million in September 2022. This was mainly due to the increase in Mineral Fuels exports in the same period. The increase in Mineral Fuels exports was mainly due to the higher export value of Crude Oil, Liquefied Natural Gas, LNG and Petroleum Products. The increase in Crude Oil export was mainly due to the increase in average price in September 2022. Meanwhile, the increase in exports of LNG was due to a rise in both exports volume and price. For Petroleum Products exports, recorded an increase, in which the main commodity was automotive diesel fuels.

 

In terms of commodity, Mineral Fuels represents the major contributor to Brunei Darussalam’s exports at 85.1 percent, followed by Chemicals, and Machinery and Transport Equipment. The main exports market in September 2022 was Australia at 22.2 percent, followed by Japan and Singapore. The largest export commodity to Australia, Japan and Singapore was Mineral Fuels. Total value of imports increased to $960.6 million in September 2022, mainly due to a significant increase in imports of Mineral Fuels particularly crude oil as production input for the downstream petrochemical industry.

 

The five main imports by commodity this month were Mineral Fuels with 69 percent, followed by Machinery and Transport Equipment, Food, Manufactured Goods and Chemicals. The biggest import partner by share was Malaysia, followed by Saudi Arabia and United Arab Emirates, with Mineral Fuels as the largest import commodity. Transport by sea accounted for the highest share for both exports and imports, followed by air transport and via land.

 

The International Merchandise Trade Statistics report for September 2022 can be obtained through website at JPES di deps.mofe.gov.bn.

 

 

Source: Radio Television Brunei

 

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Poetry Declamation Competition

Dayang Siti Azizah binti Haji Nurdin with her poem titled, “Katani Warga Emas” won the Poetry Declamation Competition held yesterday morning. With the theme” Sayangi Warga Emas” or Love the Senior Citizens, the competition which was organised by the Brunei Darussalam WARGAMAS Association took place at the Ministry of Religious Affairs.

 

Present was Yang Berhormat Pehin Udana Khatib Dato Paduka Seri Setia Ustaz Haji Awang Badaruddin bin Pengarah Dato Paduka Haji Awang Othman, Minister of Religious Affairs who also delivered two special poems titled ” Meniti ke Hujung Usia” and ” Dengan Munajat Ini”.

 

Joined by ten senior citizens, the competition aimed to highlight the talent of members of the Association in poetry declamation aside from fostering interest on Malay Language and Literature. Prizes were presented by the Minister of Religious Affairs. Second place was won by Awang Haji Mohd Hussin bin Haji Mohd Salleh with his poem titled “Ya Warga Emas” and Awang Haji Nor Amin bin Mohd Yassin with his poem “Janji Kita”, came in third.

 

 

Source: Radio Television Brunei

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Local Digital Arts

Painting is a work of art that has high value. However, along with the development of today’s technology, panting can be digitized using equipment such as a ‘tablet’ or ‘drawing pad’.

 

Awang Muhammad Khairul bin Haji Kamis, a local digital painting artist in an interview, explained that he started with traditional painting in 2000 before switching to digital painting. According to him, being involved in the art of painting requires a very high level of attention.

 

Although the majority of customers are satisfied with the quality of the illustrations and digital art results provided, Awang Muhammad Khairul also faced several challenges during the process of publishing the illustrations.

 

Despite the challenge, Awang Muhammad Khairul also hopes to become a more efficient, fast and organized painter in the future.

 

 

Source: Radio Television Brunei

 

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Dhaka Stock Exchange Extends Technology Partnership with Nasdaq

NEW YORK and DHAKA, Bangladesh, Jan. 02, 2023 (GLOBE NEWSWIRE) — Dhaka Stock Exchange (DSE) and Nasdaq (Nasdaq: NDAQ) today announced the extension of their partnership where Nasdaq provides DSE with trading technology. The agreement includes an upgrade of Nasdaq´s X-stream INET technology in order to accommodate the increasing trading activity of the exchange with maintained market resiliency and investor integrity.

During 2022, DSE successfully launched a new Alternative Trading Board – ATB – and an SME market. DSE today have over 300 brokering intermediaries and processes around 400,000 equity trades per day in its 650+ listed securities with a combined market cap of around 73 billion USD. To facilitate the next stage of its expansion, the upgrade of its trading system will be an integral part.

“Since our commercial relationship with Nasdaq was established in 2014, DSE has continued to evolve in line with our ambition to become the leading exchange in the region and a key driver of growth for the broader economy,” said M. Shaifur Rahman Mazumdar, Acting MD of DSE. “By further investing in Nasdaq´s world-class technology we are confident that we will be stand even better equipped to further empower investors looking to implement sophisticated trading strategies and entrepreneurs looking to raise capital in order to grow their companies and create jobs.”

“Nasdaq is proud to have been trusted with deepening our already strong technology partnership with DSE,” said Virginie Barbot, Managing Director for Marketplace Technology, Southeast Asia and Pacific at Nasdaq. “By leveraging Nasdaq´s robust and flexible technology solutions, DSE will be able to continue growing its financial footprint in South Asia while ensuring investor protection, access to capital for companies in the region as well as exciting opportunities for both local and global investors. We look forward to taking this next step in our joint journey in building a world-class financial market that will continue to benefit the region, the Bangladeshi economy and global financial markets.”

Nasdaq’s end-to-end market technology powers more than 2,300 companies in 50 countries, spanning the world’s financial industry, including capital markets infrastructure operators, market participants, banks, and regulators.

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software, and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.

About Dhaka Stock Exchange

Dhaka Stock Exchange Limited (DSE) is the main and largest stock exchange of Bangladesh. The Dhaka Stock Exchange has over 650 listed securities with a combined market capitalization of around US $ 73 billion. Dhaka Stock Exchange started operation in 1956 and the major functions of DSE are Listing of securities, Settlement of trading, granting approval to the transaction/transfer of share outside the trading system of the exchange, Market Administration & Control, Market Surveillance, Monitoring the activities of listed companies etc. To learn more visit www.dse.com.bd.

Nasdaq Media Contact

David Augustsson
david.augustsson@nasdaq.com
+46734496135

#NDAQG

GlobeNewswire Distribution ID 8722379

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Spend Time with Family

​There are only 2 days left before the First Term of the school season begins. Despite being busy preparing for school necessities, the weekend is still used by parents and guardians to spend time with their children.

 

During the Bandarku Ceria Programme on 1st January morning, RTB crew took a closer look and found parents and guardians spending time with their children by doing recreational activities.

 

Among those attracting the children’s attention in the Bandarku Ceria was the bubble game. Going out and spending time with family is an opportunity to relax the mind before going back to school.

 

 

Source: Radio Television Brunei

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Towards a Smart Nation

​There is no change in the electricity tariff for users who have changed their pre-paid meters to smart meters through the United Smart Meter System, USMS Project. According to the Department of Electrical Services, if the pre-paid meter still has a balance, the balance will be transferred to a smart meter within 3 days after the replacement is made.

 

The USMS project is the Government’s effort towards supporting the aspirations of the country’s strategic plan to become a “Smart Country” through management and operational transformation to achieve efficiency and effectiveness of services for the public. Replacement to a smart meter is free except for new meter installation applications.

 

Meanwhile, starting January this year, Berakas Power Company Sendirian Berhad, BPC will start installing smart meters for its customers.

 

BPC customers who wish to change their meters, can contact 239 3358 for an installation appointment.

 

 

Source: Radio Television Brunei

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Doa Kesyukuran of Scout Association

 

​The Brunei Darussalam Scout Association held its 90th anniversary with a Doa Kesyukuran Ceremony. The ceremony took place at the Ar-Rahim Mosque, Kampung Bukit Panggal in Tutong District.

 

Present was Dato Paduka Architect Haji Idris bin Haji Abas, President of the Brunei Darussalam Scout Association. The event included mass Fardhu Zuhur Prayer, followed by Sunat Hajat Prayer, reading of Surah Yasin, Tahlil and Doa Kesyukuran. The Scout Association in the country was first established in 1933 with 12 members. Also present was Haji Awang Badar bin Haji Awang Ali, Chief Commissioner.

 

 

Source: Radio Television Brunei

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Donations for Orphans

​50 selected orphans received donations in the form of school necessities during the Donation Ceremony of Didik Kasih Back to School for Orphans of RPN Panchor Mengkubau. The ceremony was held on 1st January afternoon, at Dato Mohd Yasin Primary School’s Hall, RPN Mentiri.

 

The donations were presented by Pengiran Haji Ismail bin Pengiran Haji Ibrahim, Acting Penghulu of Mukim Mentiri. Organised by Kumpulan Ikhwanul Mahabbah, the contributions are from residents within and outside the village as well as private companies and NGOs. Through the ceremony, it is hoped to be able to alleviate the burden for buying school necessities in addition to forming the attitude and giving alms practice.

 

 

Source: Radio Television Brunei

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Brunei Recorded 13.5 Percent Trade Growth In Sept

Brunei recorded 2,572.8 million Brunei dollars (1,919.1 million U.S. dollars) total trade for Sept last year, up 13.5 percent year-on-year.

The latest International Merchandise Trade Statistics, released yesterday, by the Department of Economic Planning and Statistics, at the Ministry of Finance and Economy, showed that, Brunei’s exports grew 22.6 percent yearly to 1,612.2 million Brunei dollars, which was mainly due to the increase in mineral fuel exports.

Imports also increased slightly from 952.3 million Brunei dollars in Sept, 2021, to 960.6 million Brunei dollars in Sept, 2022.

The highest share of exports in Sept, 2022 went to Australia (22.2 percent), followed by Japan (19.1 percent), Singapore (14.1 percent) and China (12.6 percent), with mineral fuels as the largest export commodity.

The highest share of imports was from Malaysia (26.2 percent), followed by Saudi Arabia (15.1 percent) and the United Arab Emirates (15.0 percent). (1 Brunei dollar equals 0.75 U.S. dollars)

 

Source: NAM News Network

 

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