| Rokiah Mahmoud |
THE 3rd Commonwealth-Asia Alliance of Young Entrepreneurs (CAAYE) Summit 2014 currently being held in Brunei Darussalam continued yesterday with a session focussing on business discussions, followed by a number of workshops at the Orchid Garden Hotel.
This year’s summit was entrusted to the Young Entrepreneurs Association of Brunei (YEAB) which runs from November 16 to 18.
In his welcoming remarks, President of YEAB, Del Goh, expressed his appreciation and gratitude for allowing Brunei to host the summit. At the same time he hoped that the summit will produce fruitful discussions among participating countries as well as providing them with a broader perspective of business opportunities.
He added that the summit will offer opportunities for young entrepreneurs as well as fostering ties among them.
The President of CAAYE, Nurul-Huda Mohamed Afandi, highlighted that this year’s summit will showcase businesses that are innovative, competitive and responsible.
She further explained that during the summit, participants will have the opportunity to explore new businesses during their field trips to local industries, learning from their fellow entrepreneurs and prominent speakers as well as taking part in workshops.
Nurul-Huda also congratulated YEAB for its effort in contributing to the success of the summit.
During the morning session, participants joined a forum entitled ‘Business Can Be Responsible, Competitive and Profitable … All At Once’. Three big names: Seah Kian Hoe, Founder and Managing Director of Heng Hiap Industries Sdn Bhd of Malaysia; Jacob Joy, Director for JJ Confectionary (P) Ltd of India and Simon Keller, the Co-Founder and Managing Director of Hip and Healthy for Brunei, also took part.
The forum was moderated by Wivina Belmonte, UNICEF representative to Malaysia and UNICEF Special Representative to Brunei Darussalam.
This was followed by a Summit Plenary discussion on ‘Young Business: Staying Relevant’, which highlighted how young businesses achieve their goals with speed and precision while adapting to various challenges.
The third day of the summit will involve participants visiting the Bio Innovation Park (Soy Milk, Hanasoy), Agro Park (Golden Corp), Meat Processing Centre (Ideal) and textile industries. An investment session with the Brunei Economic Development Board and a workshop facilitated by the Embassy of the United States in Brunei Darussalam on the topic of ‘Women in Entrepreneurship’, will also take place.
Participants at the annual summit represent Australia, Bangladesh, Brunei Darussalam, India, Malaysia, Nepal, Pakistan, Singapore, Sri Lanka and The Commonwealth.