Malay Chamber of Commerce mulls cooperative

Azlan Othman

Brunei Malay Chamber of Commerce and Industry (DPPMB) is eyeing to set up a cooperative and hold an exhibition next year to intensify its effort towards realising the establishment of Plaza DPPMB.

This was said by Legislative Council member and DPPMB President Yang Berhormat Haji Abdul Hamid @ Sabli bin Haji Arshad during the 49th Annual General Meeting at the Beribi Light Industrial Area yesterday.

Yang Berhormat Haji Abdul Hamid said the establishment of DPPMB Cooperative would enable members to buy shares, and will be implemented early next year. Committee members have been formed and are working with cooperatives under the Ministry of Energy, Manpower and Industry.

“We are hoping to realise a cooperative as it is an effort for DPPMB members to generate income and boost as well as attract local investors.

“This cooperative will strive to expand businesses to other fields and it will also administer Plaza DPPMB. For long term, the cooperative is open to non-member Malay businesses,” he said.

On the establishment of Plaza DPPMB, the president said it can act as a catalyst and icon to inject the entrepreneurship spirit among the younger generation. DPPMB is a symbol of developing Malay businesses in the country.

Permanent Secretary (Infrastructure, Housing and Professional) at the Ministry of Development Ir Haji Amer Hishamuddin bin Pehin Orang Kaya Amar Pahlawan Dato Seri Setia Haji Zakaria hits the gong to officiate the 49th Annual General Meeting of DPPMB. PHOTO: AZLAN OTHMAN

Elaborating on the expo next year, Yang Berhormat Haji Abdul Hamid said DPPMB’s strong relation with the country’s Chinese Chamber of Commerce has shown encouraging development through the National Chamber of Commerce and Industry (NCCIBD), where cooperation and support from both chambers can be seen during both meetings and visits by foreign delegations to Brunei Darussalam.

Thus, the expo will be jointly held next year and a Memorandum of Understanding (MoU) will be signed.

Several plans will be implemented this year including the 100-day action plan that will attract more Malay businesses into the chamber. Members will enjoy discounts when dining at restaurants that forge links with DPPMB and will be extended to hotels. An MoU will be signed on this matter.

“We will also hold discussions with relevant government agencies with the hope that Malay businesses are actively engaging in government projects be it in transportation, agriculture, construction and services,” he added.

Speaking on services, DPPMB was recently elected by the Authority for Building Control and Construction Industry (ABCi) of the Ministry of Development as the committee to interview Malay contractors to acquire Class 1 or Class 2 registration to facilitate them to carry out government projects.

DPPMB is also elected as a Committee member to execute a working paper for the Excellent Contractor Award.

Several foreign missions in the country held dialogues with DPPMB this year. Embassy of Republic of Indonesia in Brunei Darussalam has called on direct shipping between Muara-Jakarta beginning next year with two trips monthly with the capacity of 200 TEUs container for every vessel. As such, DPPMB welcomes such move and gives cooperation for such missions.

Trade delegations from China, Iran, Malaysia and Indonesia also held dialogues with DPPMB to look for partners in local businesses. Through the NCCIBD, both the Malay and Chinese chambers are actively involved in a series of visits to India, China, South Korea and Taiwan to enhance business networking.

Answering the call by His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam to engage youth in the field, DPPMB also plays a role by engaging university graduates to delve into entrepreneurship, business and finance and civil engineering.

Permanent Secretary (Infrastructure, Housing and Professional) at the Ministry of Development Ir Haji Amer Hishamuddin bin Pehin Orang Kaya Amar Pahlawan Dato Seri Setia Haji Zakaria officiated the 49th Annual General Meeting of DPPMB.

Meanwhile, Deputy President I of DPPMB Haji Abdul Saman bin Haji Ahmad said DPPMB has 200 registered members with over 20 new members this year, and the numbers are expected to rise by the end of 2021.