Keep entrepreneurial spirit alive

National 2 minutes, 2 seconds

BANDAR SERI BEGAWAN

Youths' involvement in entrepreneurship must continue to be encouraged through training and education, as a solid understanding of this area can help reduce unemployment among youths, said His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam yesterday.

Delivering his titah during the Fifth National Youth Day at the National Indoor Stadium yesterday, His Majesty said the training provided can be formal or informal to ensure that youths' understanding of entrepreneurship can be a trigger for entrepreneurial activities

"From how I see it, our youths must be nurtured with the view to making them big-hearted and ambitious towards the success of our socio-economic development," His Majesty said.

Speaking on the theme of the Fifth National Youth Day "Entrepreneurship as Catalyst to Self-Reliant Youth" the monarch said that the field of entrepreneurship was not easy, as it was full of competition and challenges.

"In order to succeed, youths must have inner strength and be strong-spirited," His Majesty said.

His Majesty believes that with this inner strength, youths would be more hardworking, willing to go all out and be durable, thereby becoming ideal assets for the country.

"Such youths will not view difficulties as a barrier to success, but instead it would make them tough and competitive," His Majesty added.

The sovereign further said that the future of Brunei depended heavily on youths, who needed to be equipped with the skills to prepare themselves for competition and challenges.

"This is why I often stress that youth training programmes, specifically those covering entrepreneurship, must be strengthened, especially business and financial management as well as marketing," His Majesty added.

His Majesty said with the skills acquired, youths will be independent without hoping for any assistance.

This is also consistent with the National Youth Policy that encourages youths to participate in various activities, especially economic activities.

"All this is intended for us to create a more dynamic economic development together towards achieving Vision 2035," His Majesty said.

His Majesty also reminded everyone that Islamic guidelines in entrepreneurship and the business ethics of Prophet Muhammad (pbuh) should not be forgotten, as the latter achieved success in his business through perseverance and courage. "This ethic should not altogether be ignored, it is then that Allah (SWT) will help us with his gift of grace in the form of wages and profits, Insyallah," the monarch said.

The Brunei Times