Posts Tagged ‘BIBD’
ang Berhormat Dato Seri Paduka Dr. Awang Hj Mohd Amin Liew Abdullah, the Minister of Finance II, as the guest of honour (2nd from left), Mr. Mubashar Khokar, Managing Director of BIBD, Mr. Karam Chand, the CEO of Royal Brunei Airlines (RB) and Mr. Pierre Imho, the CEO of Baiduri Bank
Guest of honour delivering his welcoming remarks at Brunei International Airport
Royal Brunei Airlines (RB) has closed the Islamic financing of one Boeing 787-8 aircraft and five Airbus A320neo and the conventional financing of two Airbus A320neo at a signing ceremony held at Brunei International Airport.
It was interesting to know that two local banks are involved in the financing where the islamic financing is under BIBD’s portfolio while the conventional term loan is under Baiduri Bank’s portfolio.
Present at the event was Yang Berhormat Dato Seri Paduka Dr. Awang Hj Mohd Amin Liew Abdullah, the Minister of Finance II, as the guest of honour. Signing on behalf of RB was Mr. Karam Chand, the CEO of RB whole Mr. Mubashar Khokar, Managing Director of BIBD and Mr. Pierre Imho, the CEO of Baiduri Bank signed on behalf of BIBD and Baiduri Bank respectively.
“The combination of conventional financing for 2 aircrafts with an islamic financing structure for 6 other aircrafts allowed Royal Brunei Airlines to achieve attractive terms. The new fleet allows RB to achieve a leaner cost structure from the combination of lower ownership and maintenance costs and lower fuel burn. Complete fleet renewal is a rarity in our industry and to achieve this by the end of 2018 will be a very significant milestone for RB,” said Karam Chand.
“Alhamdullilah, I would like to congratulate RB on another national milestone with the latest additions to their fleet, and also becoming our latest “Partner in Growth”. Together may we continue to support Brunei Darussalam’s economic diversification while strengthening Brunei’s positioning as a regional hub for economic activity and trade. The acquisition of these aircrafts is also another landmark transaction for Brunei’s Islamic banking and financial industry in general as it highlights our local capabilities to deliver on large complex Islamic transactions,” said Mr. Mubashar Khokar.
“Baiduri Bank is proud to enter into this partnership with RB, where we will be financing two unites of Airbus A320neo aircrafts. As a major local bank with a strong commitment to the Brunei market, Baiduri will continue to play an active role in providing financing to businesses, contributing to the economic growth of the country and its development programmes in order to meet the goal of Brunei’s Wawasan 2035,” said Mr. Pierre Imhof.
The board members of RB and other invited guests
A quick visit to the newly A320neo aircraft
Bank Islam Brunei Darussalam (BIBD) recently began its eighth annual Sirah Amal initiative aimed at providing support and relief to the underprivileged members of Brunei Darussalam’s community across all its four districts.
The Bank and its employees came together to bring joy to the families they visited, contributing relief items and offering donations such as daily requirements, prayer necessities, raya items and others to support preparations during Ramadhan and for the upcoming Syawal. The 8th Sirah Amal started with a visit to families in the Tutong District.
BIBD Deputy Managing Director, Hajah Noraini binti Haji Sulaiman commented, “Alhamdulillah, today marks the beginning of the eighth BIBD Sirah Amal as the Bank and its staff continue its commitment towards contributing to our community. The BIBD Sirah Amal provides an excellent platform for us to share our blessings, especially with the less fortunate, so that they are able to better enjoy the festive months with their loved ones. We would like to also thank SKH (Sim Kim Huat) Department store for being our community partner for this year’s Sirah Amal event.”
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Yang Berhormat Abdul Mutalib bin Pehin Orang Kaya Seri Setia Dato Paduka Haji Mohd Yusof, Minister of Communications, launched Progresif Pay last week at Rizqun International Hotel. Progressive Pay is brought to you by Progresif and powered by BIBD NEXGEN.
Other countries have implemented it. I know China is known for their WeChat. Today, it is made possible by Progresif powered by BIBD NEXGEN known as Progresif Pay. It is definitely a stepping stone in terms of cashless payments in Brunei Darussalam.
It was launched by Minister of Communications Yang Berhormat Abdul Mutalib bin Pehin Orang Kaya Seri Setia Dato Paduka Haji Mohd Yusof who applauded both Progresif and BIBD for the collaboration in pursuing to be a smart nation in this era of digital economy. The minister shared that Brunei Darussalam is ranked 53rd in the world in the ICT development index.
Also accompany the Minister were Mubashar Khokhar, Managing Director and CEO of BIBD and Paul Taylor, Chief Executive Officer of Progresif who both had inspiring quotes from Henry Ford and Michael Jordan respectively. Mubashar re-quoted, “Coming together is the beginning. Keeping together is progress. Working together is success” while Paul mentioned, “Individuals win games while teamwork wins championships”.
Powered by BIBD NEXGEN, Progresif PAY creates an alliance between Brunei’s most innovative mobile operator and the country’s best digital bank at the forefront of branchless banking and mobile commerce by improving access and creating opportunities for greater commercial efficiency, diversification and development of Brunei’s digital economy.
Now what can be useful when you use Progresif Pay? A few things. You don’t need to bring a thick wallet, or even better a wallet. You don’t need a bank account to begin with to. You will still need to be a Progresif subscriber to be eligible for Progresif Pay.
Having said all that, first thing’s first – download the app, both available on IOS and Google Play. You will need to pop down to a Progresif Store or BIBD Branch for identity verification and registration. Then you will get your own virtual card (just like a virtual debit card). The maximum value that you can put into the virtual account will be BND 3,000 and the great thing about it is that your Progresif Pay virtual card is not tied to any of your bank accounts or credit cards. In other words, it’s safe and secured.
Once you have activated your Progresif Pay, you can pay your bills such as utilities or make donations. You can send money to other Progresif Pay users. You can even use your Progresif Pay to shop online, just like a credit card. Since you are a Progresif user, you can even top up to add data or minutes through Progresif Pay. Awesome!!
Marketing strategy will be a key component in helping others to adopt to the newly introduced Progresif Pay, according to Devin Edwards, Chief Marketing Officer of Progresif Pay. He envisioned that their neighbours at the popular Gadong wet market will make use of Progresif Pay among the vendors so it will be totally convenient and cashless.
It will be interesting to see the adoption rate of Progresif Pay because once they are many Progresif Pay users, it have a domino effect as users will find it very convenient in making transactions.
For more info and FAQ, you can click here to learn more of Progresif Pay.
Paul Taylor, CEO of Progresif, mentioned how the Progresif Radio app has around 17,000 downloads since its release a few months ago.
The minister touring BIBD NEXGEN outlet at The Mall
Press conference hosted by BIBD and Progresif on the launch of Progresif Pay
BIBD Head of Retail Banking, Hajah Nurul Akmar binti Haji Md Jaafar with Fashion Valet’s co-founder and Chief Creative Officer Datin Vivy Sofinas binti Yusof speaking to the press recently during the Fashion Valet pop-up event
Group photo with representatives from Rozai Hijab, Baitul Hijaab, Mumtaz Collection and MukaKu Cosmetics where they were invited to join the Fashion Valet pop-up event
Bank Islam Brunei Darussalam (BIBD) customers recently were treated to an exclusive cardholders-only early bird entrance to the Fashion Valet pop-up event held at The Empire Hotel & Country Club.
While the event will run until the 6th of May, BIBD customers were offered this special treat as part of BIBD’s efforts to bring more benefits to its cardholders. Throughout the event, transactions made using BIBD cards will entitle cardholders to discounts of 5% and 10% for debit and credit cardholders respectively. Customers will also accumulate double BIBD Hadiah Points that can be used to pay for utilities, donations, air miles and others.
As part of BIBD’s efforts to add more spirit to the upcoming holy month, the promotion aims to provide homes and families with more opportunities to save in preparation for their Raya celebrations, embodying the true community spirit.
In partnership with BIBD, Fashion Valet brings to Brunei Darussalam more than 30 brands from its online store and will give BIBD customers brand exclusive previews of designs that have yet to be sold online. Fashion Valet is pleased to bring more lines to the pop-up event in Brunei Darussalam and add to the festive feel with added lines for all genders and ages. In the spirit of the coming festive season, Fashion Valet prides itself in showcasing design labels that fit the needs of Bruneian customers.
FashionValet’s Co-Founder and Chief Creative Office commented in a press release, “Every year we look forward to coming to Brunei; everybody here is so nice and welcoming and honestly, our year wouldn’t be complete if we don’t make a trip here. It’s been an annual tradition since we started in 2016.”
BIBD Head of Retail Banking, Hajah Nurul Akmar binti Haji Md Jaafar in a joint press conference, hopes that BIBD customers and local fashion entrepreneurs will see value in this partnership with Fashion Valet. Four local designers (Rozai Hijab; Baitul Hijaab; Mumtaz Collection; and MukaKu Cosmetics) will be present at the popup showcase and sell their collection to the public in participation of BIBD’s Catalyst programme, an entrepreneurship project aimed at establishing mentor-mentee relationships for local Bruneian designers to help elevate them to international standards. BIBD customers are offered an early start in their plans for the coming festive season, allowing them to focus on their Ibadah in the coming month of Ramadhan.
BIBD Fashion Valet Pop-up store is open to public from10AM – 10PM from 3rd – 6th May 2018 (10AM-10PM).
Azhani taking a photo opp with the co-founder of Fashion Valet
MukaKu Cosmetics making their presence felt at Fashion Valet pop-up. They are selling locally made organic cosmetics.
Baitul Hijaab is also making their presence and their products will be featured on Fashion Valet website pretty soon
The mentoring session for the local vendors led by the co-founder of Fashion Valet, Fadz Anuar.
Hjh Tina of Baitul Hijaab and Edy Zurina of MukaKu Cosmetics listening to advices from Fadz Anuar
The ice-breaking game session held at Spaghettini last Wednesday
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All-new Peugeot 3008: Top-notch SUV. Leaving premium carmakers in awe #SUVPeugeot3008
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During the launch of BETTER Car Expo at The Mall last weekend
They listened, they delivered. This is what Better Sdn Bhd hopes to aspire. To give what the customers want with the best deal in town when it comes to renting a car. Currently Better Sdn Bhd is the leading local car rental company in Brunei Darussalam and recently they launched a new package deal for costumers – the unlimited package deals with lower security deposit depending on the models you choose.
This was announced by Mubashar Khokhar, Chairman of the Better Sdn Bhd cum Managing Director of BIBD during the launch of the BETTER Car Expo held at the Atrium of The Mall.
In his welcoming remarks, he thanked the Minister of Communication for their forward vision to allow BETTER to play a small role in the development of the Brunei’s economy and also to provide consumers with alternative to car financing and ultimately to make the lives of customers “Better”.
He added that with the BETTER Car Expo, it will provide customers value-for-money and greater flexibility to both to private as well as their corporate clients. With their all-inclusive packages, customers only pay one fixed price which also covers road tax, insurance, maintenance and part replacements in the contract.
Mubashar Khokhar, Chairman of the Better Sdn Bhd cum Managing Director of BIBD during his welcoming remarks
The official launch of BETTER Car Expo
Check out the awesome deals from BETTER Car Expo
Wanna enjoy a good package deal from BETTER to drive a Audi?
It’s more cost efficient than a hire purchase
Attending the launch was Dr Haji Supry bin Haji Awang Ladi, Director of Land Transport who was the guest of honour.
So far the responses have been overwhelming since BETTER was introduced last November. Their numbers are expecting to increase with the current expo at The Mall and hopes the roadshow can educate potential consumers on the value they can get for renting their cars and also give them a new concept of “ownership” when it comes to BETTER.
Did you know that the BETTER app won the Silver winner award in Singapore Mobile Excellence Award for the Best Campaign and Direct Response and also in the informative use of mobile technology, outshining other banks in that category. Do download the popular app now in Brunei and they have already more than 30,000 downloads as of now. Amazing!!
Do drop by The Mall and check out BETTER Car Expo which will be until 7th May 2017.
Group photo of the partners and vendors with Pg Salleh Ab Rahman Pg Hj Damit, the Advisor of D’Sunlit Sdn Bhd and Ngu Tiing Siang, Operations Manager of D’Sunlit Sdn Bhd during the Partners’ Signing Ceremony
Press release from D’ Sunlit. On the 22nd of January 2017 at the International Convention Center (ICC), Berakas has conducted its Partners’ Signing Ceremony yesterday at D’Sunlit premises.
Pg Salleh Ab Rahman Pg Hj Damit, the Advisor of D’Sunlit Sdn Bhd and Ngu Tiing Siang, Operations Manager of D’Sunlit Sdn Bhd were present as the signees representing D’Sunlit Sdn Bhd. Numerous Event and Activity partners were also in attendance to work hand in hand with the organiser of the 19th Consumer Fair to deliver another successful event.
Visiting the 19th Consumer Fair is a great kick start for the first month of the year; it is a time for all to shop in over 400 booths and prep for the arrival of the New Year. All kinds of products and activities can be found within the halls to keep you occupied for hours. Watch out for several new comers in the fair such as Pets Arena, TechBru Solution (B) Sdn Bhd, Kaslinda, Taiwanese Bridal Co, First Brew, Meriwell, and many more.
The 19th Consumer Fair carries the theme “The Year is Yours”, 19 New Year resolutions will be featured in our bi-annual In-Fair Magazine now at its fourth edition, for you to pick and choose which will be your top new year resolutions to achieve for the upcoming year. Consumers will get to challenge one of the New Year resolutions which is “Face Your Fear” in the fair, stay tuned to the soon to be showcased activity from the organiser of the 19th Consumer Fair.
Other than that, the fair is loaded with activities from exhibitors and new faces of the popular fair. New faces such as WayBack Burger will be conducting, a “Triple Challenge Eating Competition” and “Can You Take the Hotness?” from Pelicana Chicken. Other than that, Lof Bakery will be having “Cupcakes Decorations” for cupcake lovers and those who love to bake. Many more activities from POKKA (Cataleya Trading Company), Better Brunei, YASKA, DST Group, Kingston Beverage and Creamery Sdn Bhd, Red Bull, Syarikat Teeyam Majeed, KindyKare International are to be seen in the fair.
The 19th Consumer Fair is organised by D’Sunlit Sdn Bhd and is open for public from 10am to 10pm daily except for Friday when it closes temporarily from 12pm to 2pm for Friday prayers. For more information and updates, follow D’Sunlit on social media, Facebook page D’sunlit Sdn Bhd and @dsunlit on Instagram or reach the D’Sunlit Marketing Department at 2453666. Please also visit www.bruneiconsumerfair.com for more updates.
POKKA the leading food and beverage group that manufactures and markets a wide range of beverages under the reputed brand name ‘POKKA’ has launched “POKKA Bonanza Lucky Draw” on 1st December 2016 until 14 January 2017 by Cataleya Trading Company, the Distributor in Brunei Darussalam.
POKKA Bonanza Lucky Draw can be seen in any superstores where POKKA drinks are present and it is open to all of the public to join the fun. Simply purchase 1 bottle (0.5L or 1.5L) of Pokka Green Tea with a choice of any Pokka Ice Fruit Tea (0.5L or 1.5L) at grocery stores, remove both bottle labels and fill in the registration form. Watch out for Lucky Draw box around the promotion and drop the labels together with the registration form in and anticipate for the weekly draw.
Go Hero 5 will be the prize for four of POKKA Bonanza’s weekly draw. First prize being iMAC 27” WITH RETINA 5K DISPLAY – MK462ZP, second prize as iPHONE 7PLUS 128GB & APPLE WATCH A1802 SERIES 1, SAMSUNG 43” UHD SMART TV WITH WALL BRACKET for third prize and many more to celebrate the soon to come New Year.
POKKA Bonanza Lucky Draw appears around superstores in Brunei, it will be conducting its first draw on 17th December 2016 and the Grand Draw to be in the 19th Consumer Fair.
Yang Berhormat Dato Seri Setia Awang Haji Mustappa bin hj Sirat, the Minister of Communications accompanied by Mubashar Khokar, the Chairman of BETTER Sdn Bhd during the official launch of BETTER at Times Square yesterday
The Minister checking out a Volkswagen at the BETTER roadshow
A new term that the community will be familiar with and that is “user-ship” as quoted by Mubashar Khokar, the Chairman of BETTER Sdn Bhd, a new company that allows rental car services and it’s touted to be the biggest in Brunei Darussalam. The guest of honour was Yang Berhormat Dato Seri Setia Awang Haji Mustappa bin hj Sirat, the Minister of Communications who gracefully launched the newly automative rental/lease service by BETTER Sdn Bhd.
Even the Minister was impressed with BETTER, commenting on its impressive business model that offers reasonable prices for customers and very convenient. He also mentioned that the leasing option will be economical savvy since the car will depreciate in value after four years (of lease). He added that the target market such as large institutions, embassies, diplomatic missions, government departments with certain disposal policies and multinational companies, will benefit from this newly offered service.
During the welcoming remarks of Mubashar, he praised the hard work of Irwan and his team (of BETTER) for making the service possible for the residents of Brunei Darussalam. He shared how BETTER has a very unique business model and it’s a very strategic expansion for BIBD Group as it’s more than just a car-leasing and rental company in Brunei Darussalam.
He did have an interesting point when he highlighted the term user-ship than ownership as the idea is to educate the public the user-ship is more practical since cars depreciate in value in a long run. At BETTER, they want to provide a better deal to their customers by providing short and long term value for customers’ individual needs with flexibility.
I also love the idea that they even have an app for BETTER which has been highly praised for its interface and user friendliness. It’s available on both Google Playstore and IOS. You can even subscribe the BETTER plan on your app and deliver the car to your doorstep within 24 hours.
The other amazing deal from BETTER is that the prices are inclusive of insurance, road tax, servicing and many more. This is totally different to that of a hire purchase model where the car owner has to still fork out for servicing, insurance and road tax to begin with.
For more information about BETTER, do visit their roadshow at Times Square until the final day Sunday 4th December 2016. So far they are a few brands that have signed up with BETTER and they are KIA, Hyundai, Toyota, BWM, Audi and Volkswagen. You can also follow BETTER on their social media platform on Facebook and instagram @better.brunei
During the launch at Times Square yesterday
The Minister having a chat with Craig Allen, the US Ambassador to Brunei Darussalam
Check out the roadshow of BETTER at Times Square until this Sunday
The Minister checking out the BETTER app and he was quite impressed
Haji Azhar Hj Ahmad, Permanent Secretary at the Ministry of Communications, Dr. Hi Supry bin Hj Awang, Director of Land Transport and Irwan Lamit, the Managing Director of BIBD At-tamwil
The Minister handing out a token of appreciation to one of the first customers of BETTER