'Help Private Sector Thrive, Rely Less On Govt Jobs' By Hadthiah PD Hazair

Brunei-Muara - Bruneians need a shift in mentality to ensure a thriving business environment that would benefit the nation's economy.

Bruneians have to be prepared to work for the private sector instead of relying on the government, or the public sector. "This is because there are plenty of opportunities and attractive returns to be had from this (public) sector," said businessman Pehin Orang Kaya Ratna Setia Hj Abdul Hapidz Pehin Orang Kaya Laksamana Hj Abdul Razak.

Speaking during the official launch of the Gadong Business School's third intake of Phase One business incubatees, he said: "Programmes such as this (business incubator) are a significant step in order to answer the call of the government of His Majesty to diversify the local economy and to be less reliant on the oil and gas sector."

Programmes which help nurture entrepreneurial skills, said the seasoned businessman, are set to breed the country's new generation of market leaders, and are therefore a stepping stone in multiplying the range of local industries available in the Brunei market.

Doing business is no easy feat, Pehin Hj Hapidz acknowledged, but, being successful is also not an impossible task.

"Put in your utmost dedication, discipline, and run your business with loyalty and integrity," he advised the new intake, adding that market studies must also be done prior to starting up a new business. The main goal in business is to reap profits; hence, it is crucial for those who wish to go into business to understand the nature of their business and its potential to avoid disappointments. Citing the teachings of Prophet Muhammad (peace be upon him), the guest of honour reminded that Islam encourages its followers to consider business as an attractive source of income.

This, he said, should be motivation enough for people to enter into business with gusto and confidence.-- Courtesy of The Brunei Times

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