Brunei Economy Programme

As Malaysia assumes the role of ASEAN Chair for 2025, we look forward to a year of inclusivity, sustainability, and progress for the entire region. Under the theme "Inclusivity and Sustainability," Malaysia will lead ASEAN towards a brighter and more unified future, focusing on empowering communities and strengthening regional cooperation. #ASEANMalaysia #ASEANMalaysiaChairmanship2025

📸 More Than Meets the Eye: The Story Behind APEC's Most Popular Photo of 2024 🌏 What makes a photo iconic? This photo by Do Ba Hung which won this year's APEC Photo Contest Popular Choice Award is more than just a snapshot—it’s a reminder of innovation, creativity and the power of doing something different. Discover the techniques and inspirations that led to his photo winning the Popular Choice Award and Influencer Award. Find out here: https://lnkd.in/gdJY76-E #APECPhotoContest2024

Looking to 2025, Korea is gearing up to host APEC next year under the theme "Building a Sustainable Tomorrow". Senior officials met in Seoul last week to explore priorities and develop an action plan for #APEC2025KOREA. Curious to find out about Korea's priorities? Read all about it at the link below: https://ow.ly/UVBF50UskBu

I am delighted to lead the Brunei delegation to attend the 52nd ASEAN Banking Council Meeting in Kuala Lumpur recently. I’m especially proud to witness the largest Brunei delegation in the event’s history, with participation from The Brunei Association of Banks, our training academy arm for the Brunei banking industry – Brunei Institute of Leadership & Islamic Finance (BILIF), and our national digital payment network – ndpx. We had the opportunity to engage in meaningful discussions, share valuable insights, and reflect on the progress made in strengthening collaboration among ASEAN bankers' associations. Brunei’s voices were heard, and our presence was strongly felt throughout the proceedings. The hospitality extended to the Brunei delegation over the two-day event was truly exceptional. I would like to extend my heartfelt thanks to Dr Amina Josetta Kayani (Executive Director of The Association of Banks in Malaysia) and Dato Khairussaleh Ramli (Chairman of The Association of Banks in Malaysia) for a successful hosting of the 52nd ASEAN Banking Council Meeting. I also wish to express my gratitude to Mr. Paul Gwee (Secretary General of ASEAN Bankers Association) and Mr. Jose Teodoro Limcaoco (Chairman of ASEAN Bankers Association) in bringing the council meeting to a fruitful conclusion. Together, we look forward to driving sustainable banking across ASEAN!

BIBD Bank Islam Brunei Darussalam, the largest Islamic financial institution in #Brunei, was honoured with the Most Sustainable Islamic Retail Bank in Brunei Darussalam 2024 and Best Islamic Retail Bank for Premier Banking in Brunei Darussalam 2024 awards. These accolades reflect BIBD's steadfast commitment to its core values, grounded in the principles of Maqasid-al-Shari’a. Central to BIBD’s mission is the advancement of #Islamicfinance through #Shari’acompliant products and services designed to meet the evolving needs of its customers. The bank’s #Sustainability Framework guides its strategic direction, emphasising environmental stewardship, responsible #entrepreneurship, and inclusive #socialimpact, ensuring long-term value for its stakeholders. Cambridge IFA Humayon Dar Khuram Shehzad Muhammad Atif Shafiq Pheng Leong (PL) T. Edmundo H. Uribe

ASEAN nations are poised for continued robust growth, with forecasts of 4.6% in 2024 and 4.7% in 2025, driven by strong domestic demand and exports, according to the International Monetary Fund (IMF). Despite global economic uncertainties, ASEAN's strong economic fundamentals and strategic positioning have enabled it to weather external shocks and maintain steady growth. As Malaysia assumes the ASEAN Chair in 2025, with MITI as the lead for the Economic Pillar, we will prioritize economic inclusivity, integrated markets, green investment, and digital resilience to further strengthen the region's economic integration and competitiveness. These priorities align with the IMF's assessment of ASEAN's economic outlook, which highlights the need for continued policy reforms to address long-term challenges and capitalize on emerging opportunities. ASEAN is now the world’s fifth largest economy and we are aiming to be the fourth largest economy by 2030. With a large young population, ASEAN is on the brink of a golden age. Nearly half of its 680 million people are under 30, ready to contribute to the region's economic boom. As we embark on this journey towards a prosperous and sustainable ASEAN, we are confident that by harnessing the power of our young population, embracing innovation, and fostering regional cooperation, we can achieve our shared vision of a dynamic and resilient ASEAN community. #ASEAN2025 #inclusivity #sustainability #Malaysia #MITI #ThisIsWhereGlobalStarts #TZA https://lnkd.in/gQ8kbFb7.

On 28 October 2024, the Brunei Sustainable Economy Forum convened at Balai Khazanah Islam Sultan Haji Hassanal Bolkiah, bringing together thought leaders, policymakers, and experts. Organised by the ASEAN and APEC Business Advisory Councils of Brunei in partnership with the Ministry of Finance and Economy, the forum focused on “Towards a Circular Economy: Building a Resilient and Sustainable Brunei.” As Brunei seeks to diversify its economy and reduce its reliance on finite resources, the forum provided a platform to discuss circular economy strategies and best practices, with insights from the ASEAN, APEC, and BIMP-EAGA regions. Baiduri Bank is proud to be a founding partner of the Brunei Economy Programme, which bridges ASEAN and APEC with the Bruneian business community to foster economic collaboration and sustainable growth. The event featured keynote addresses and discussions from distinguished speakers, including Yang Berhormat Dato Seri Setia Dr Hj Abdul Manaf bin Hj Metussin, Dr. Rene Van Berkel, and Professor Scott Valentine, offering participants actionable insights to adopt circular economy practices, paving the way for a resilient future. How can you or your organisation contribute to building a sustainable Brunei? Let’s explore the possibilities together. #SustainableBrunei #BruneiEconomyProgramme

Locally produced, farm-fresh produce delivered to your doorstep? Springhill's online farmers' marketplace offers a wide selection of fresh produce directly from Springhill and other local farms, with free delivery on orders over $20. Customers can WhatsApp message 8348885, where Springhill's AI agent is available 24/7 to provide the full weekly harvest list and take your order. Springhill's offerings include leafy vegetables like spinach, kai lan, and bok choy, as well as microgreens and red tilapia. Other farms in the marketplace include Eco Agro Farm, Fresh Farms Box and Fatih Aquaculture, who supply fruits, poultry and fish. ___ This feature is part of a special edition of Baiduri Bank Group's Entrepreneur Spotlight, in collaboration with Darussalam Enterprise, to showcase the stories of local businesses that are part of both organisations’ ecosystems. Springhill is a graduate of DARe’s micro bootcamp and accelerate programme, a grant recipient, and is now under Brunei Innovation Lab. Chern is also a Business Banking client at Baiduri Bank and a member of the Baiduri Enterprise Hub.

As a continuous effort to strengthen our awareness of cybersecurity, Orang Kitani from the Cybersecurity and Information Risk Management team hosted a successful Cybersecurity Roadshow last week. Themed "Secure Our World", some participating teams in the roadshow include our colleagues Legal, Finance and Asset Engineering team. We were also delighted to welcome friends from Cybersecurity Brunei @csb.gov.bn, The Authority for Info-communications Technology Industry of Brunei Darussalam (AiTi) @aiti.brunei, and I.T. Protective Security Services (ITPSS) in the roadshow to host booths providing valuable insights on topics like the Brunei Cyber Security Act, Personal Data Protection, ISO27001:2022 - a framework for establishing, implementing, maintaining, and continually improving an organization’s information security management system (ISMS) as well as emerging cybersecurity trends. Thanks to all who participated! Let's continue to stay vigilant and proactive in protecting our digital assets. BSP...Sustainably Powering Brunei

Simplifying Brunei’s upcoming Digital Payment Hub The hub by the National Digital Payments Network (ndpx) will enable instant transfers and payments between different banks and apps The announcement of Brunei’s Digital Payment Hub (DPH) has generated widespread interest, promising to simplify transactions between banks and e-wallet apps, both within the country and internationally. Find out more in the excellent article below by Biz Brunei. The Digital Economy Forum was hosted by the ASEAN and APEC Business Advisory Council of Brunei in collaboration with the Ministry of Finance and Economy and supported by Brunei’s leading organisations. Haslina Taib Musa Adnin Pg Aki Ibrahim Hafriz Fayadh ndpx Hafiz Haslen Manuel Bulens Brenda Low Hafimi Abdul Haadii #BruneiEconomyProgramme