Few Bruneians in top business posts

National 1 minute, 24 seconds

BRUNEI-MUARA

THE number of Bruneians in high positions in the country’s industry has declined from almost 50 per cent to 35 per cent in the past five years, Legislative Council (LegCo) member Yang Berhormat Hj Mohd Shafiee Ahmad said yesterday.

During the vote of thanks for His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam at the 11th Legislative Council session, YB Shafiee said the decline needed to be jointly monitored and deliberated by all relevant parties.

“His Majesty has said in his titah that Bruneians should not let important positions in local industry be monopolised by foreigners,” he said.

“From what I have been informed only 35 per cent of locals now hold positions in group three and above in Brunei’s industry, which is the pulse of the nation,” he said but did not elaborate on the source of his information.

While speaking on entrepreneurship, YB Shafiee pointed out that the cost of Umrah and Hajj was more than half in comparison to prices in neighbouring countries.

“There are only two companies offering Umrah package and Hajj. We need to open the possibility to others, because it will pave the way for progress,” he said.

He also proposed that the high cost and small number of companies offering the service to be investigated, to avoid companies from taking advantage of others by “profiting excessively”.

He also supported His Majesty’s call for fiscal stability and value for money spending, noting that national budgeting had sometimes strayed from what has been planned.

“There are times when a project is complete but are not utilized fully. It is possible that the initial research and evaluation was not very efficient,” he said.

The Brunei Times