Brunei-S'pore business group set-up proposed
Monday, May 21, 2007
SOON a Brunei-Singapore business association could be formed due to an increasing number of Bruneians interested in establishing commercial ventures in the island city state.
Lester Lee, vice president of Singapore Association Brunei Darussalam, recently broached the idea of creating the business association in light of recent growing interest among Bruneian entrepreneurs in Singapore's economy, which is considered among the richest in Asia.
The establishment of the business group will bring mutual benefits in terms of creating more networking opportunities and updating of government policies and procedures for people who are investing and doing business with either of the two neighbouring countries, Reggie See, president of Singapore Association Brunei Darussalam, said during the group's annual general meeting yesterday.
"There are many Bruneians who have studied in Singapore and some are very keen on doing business there," he said.
Association leaders have yet to thresh out the details of the proposed body.
Meanwhile, Singapore Association Brunei will continue to actively organise activities, See said, noting though that member participation is crucial to the well being of the non-governmental organisation.
Over the years, membership in the association has declined from more than 330 to about 100 members to date, he told about 40 Singaporeans who attended the general meeting at Millenium Restaurant.
He said that this drop in membership is attributed to "economic reasons" some Singaporeans have moved back to work, while children are going back to Singapore to study.
Despite the decreasing numbers in membership, See said that they will continue to meet the association's objectives of creating opportunities for Singaporeans residing in Brunei to socialise and interact with local counterparts.
Other objectives include providing local knowledge and networking opportunities for Singaporeans visiting and working in Brunei, as well as show that overseas Singaporeans are a caring and civic conscious group.
"We're not just here to make money and bring it back to Singapore. We also give back to the community," he said.
One of the major activities lined up for this year include Singapore's 42nd National Day celebration on August 18 and the reactivation of the Singa Golf Tournament on June 17.
The elected office bearers of the association commenced their two-year term last year. The association was established 15 years.
About 1,000 Singaporeans are residing in Brunei. Most Singaporeans working in Brunei are in the professional and services sector, while some are under short-term contracted work.
The Brunei Times
Lester Lee, vice president of Singapore Association Brunei Darussalam, recently broached the idea of creating the business association in light of recent growing interest among Bruneian entrepreneurs in Singapore's economy, which is considered among the richest in Asia.
The establishment of the business group will bring mutual benefits in terms of creating more networking opportunities and updating of government policies and procedures for people who are investing and doing business with either of the two neighbouring countries, Reggie See, president of Singapore Association Brunei Darussalam, said during the group's annual general meeting yesterday.
"There are many Bruneians who have studied in Singapore and some are very keen on doing business there," he said.
Association leaders have yet to thresh out the details of the proposed body.
Meanwhile, Singapore Association Brunei will continue to actively organise activities, See said, noting though that member participation is crucial to the well being of the non-governmental organisation.
Over the years, membership in the association has declined from more than 330 to about 100 members to date, he told about 40 Singaporeans who attended the general meeting at Millenium Restaurant.
He said that this drop in membership is attributed to "economic reasons" some Singaporeans have moved back to work, while children are going back to Singapore to study.
Despite the decreasing numbers in membership, See said that they will continue to meet the association's objectives of creating opportunities for Singaporeans residing in Brunei to socialise and interact with local counterparts.
Other objectives include providing local knowledge and networking opportunities for Singaporeans visiting and working in Brunei, as well as show that overseas Singaporeans are a caring and civic conscious group.
"We're not just here to make money and bring it back to Singapore. We also give back to the community," he said.
One of the major activities lined up for this year include Singapore's 42nd National Day celebration on August 18 and the reactivation of the Singa Golf Tournament on June 17.
The elected office bearers of the association commenced their two-year term last year. The association was established 15 years.
About 1,000 Singaporeans are residing in Brunei. Most Singaporeans working in Brunei are in the professional and services sector, while some are under short-term contracted work.
The Brunei Times
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