::YEAB::

::Driving the Future of the nation::

19^th February 2005

Car Boot Sale

Date : Sunday, 27^th February 2005

Time : 8 a.m – 12 noon

Venue : Jigsaw Primary School, Berakas

Car Park Spaces

→30 Car Park Spaces

→$20.00 per Car Park Space

(The money generated from sales of Car Park Spaces will be donated to the Tsunami Fund).

To book Car Park Spaces Kindly Contact the YEAB Secretariat at Tel: 2453888

19^th February 2005

Champions Of The Young & Business-Savvy

After being established in the year 2000, the Young Entrepreneurs Association Brunei Darussalam (YEAB) has grown within the Sultanate as the voice of the next generation of the Business Community. Looking at the conception of YEAB, it is very easy to see where the roots of the association began and understand the core values which have resulted from the founding of the organisation. Initially beginning as a discussion amongst friends and acquaintances that were foraying into the business world, they shared their difficulties, frustrations and solutions to the different trials that were faced before them. Along with the challenges of establishing themselves and their respective business, the added contention of trying to gain recognition for their efforts and achievements as opposed to their relative youth made it even more difficult to be taken seriously. Some of the more prevalent problems to arise were those of coming back to Brunei Darussalam and having to resettle into a lifestyle that is different to what they were exposed to when living abroad, taking over or joining a family business which has long been established and trying to incorporate new innovations and technology in the management of such a business. This year marks the 5^th Anniversary of the YEAB since it was conceived as one of the Sultanate’s deliverables at the APEC SME Business Forum, which saw a live telecast of the conference which involved Young Entrepreneurs form Australia, Thailand, Canada and Brunei Darussalam. Within Asean there is increasing emphasis placed on the youth, as they constitute 40 per cent of the Population within Asean. Having a formal association set in place participation and comments, both when traveling abroad and within the Sultanate is valued, one such example was a dialogue session held between the Ministry of Communication and the Young Entrepreneurs Association to gain a better understanding of the Ministry of Communication’s vision and to see whether there were any areas where the members of YEAB were able to join in and assist the ministry in realizing their vision. The YEAB since its inception during the APEC Summit 2000 has garnered influence, allowing its members to highlight initiatives that would normally not be heard or entertained when taken up by its members individually. As a formal collective the association is also able to pool not only its resources together to help one another, but its network allows those who have been exposed in their respective fields to share their experience which could indirectly benefit other members of the association.

Another benefit reaped from the members is a cooperative and healthy competitive spirit that exists amongst its members, where by if a particular member of the association succeeds, their efforts inspires and motivates other members of the association to achieve similar standards if not exceed the accomplishments of their peers. Conversely if a member of the association was to fall behind, the members shall endeavour to assist their affiliates. Being a Formal Association, the succession that has been set in place, allows the contact and networks which have been built under the banner of the YEAB remains, allowing the future members access to information that has been gathered and collected by predecessors. The focus of YEAB which is business, particularly young people in business are looking to hold more events in the near future, which could prove to be helpful to entrepreneurs in Brunei Darussalam, who are looking to establish themselves or those who are already established to break into the Asean market.

23^rd February 2005

YEAB To Co-Organise Asia-Europe Forum

The Young Entrepreneur Association of Brunei (YEAB) agreed to co-organise the Asian European Young Entrepreneurs Forum (AEYEF) along with the Ministry of Industry and Primary Resources, later this year. The forum aims to facilitate an open dialogue and exchange of views on the varying business cultures in Asia and Europe. It also aims to help young entrepreneurs build business networks and links and gain better insights into the present status of tomorrow’s key business sectors. YEAB members attended an activities meeting recently, where social and business events were discussed and organised. Lisa Dato Paduka Ibrahim, the President of YEAB, said the mixture of social and business events is intended to strike a balance between social and professional contacts and to help members to network. Among the events were workshops, which relate to the business process, which will assists members with the management of their businesses. Informal dialogue sessions with five government ministries were proposed to help members gain an insight on each ministry and their vision, and help realize it. To outline potential future opportunities for Young Entrepreneurs in Brunei Darussalam, meetings with prominent figures in Brunei have also been planned.

For more information regarding the Young Entrepreneur’s Association Brunei, contact the YEAB Secretariat at Tel: +6732-453888, +6732-452581, Fax: +6732-452580 or E-mail: YeaBrunei@hotmail.com.

24^th February 2005

YEAB Car Boot Sale

The Young Entrepreneurs Association of Brunei (YEAB) will be organizing a car boot sale on February 27 in a bid to raise money for the National Tsunami Disaster Fund under the Ministry of Culture, Youth & Sport. Proceeds from the sale of car lots, of which 22 of the 30 slots have already been booked, as well as refreshments provided by the YEAB during the car boot sale will be donated to the humanitarian relief fund. A charity raffle will also be held with prizes donated by members of the YEAB. Sale of the tickets is available from the YEAB Secretariat. The sale will be held at Jigsaw Primary School, Simpang 187, Taman Setia, Berakas from 8am till 12pm. For more information contact the YEAB Secretariat at 2453888, 2452581 or fax 2452580.

This is the first social event on YEAB’s calendar for 2005.

28^th February 2005

YEAB Car Boot Sale Held For Tsunami Fund

The Young Entrepreneur Association Brunei (YEAB) car boot sale proved a success with 23 car lots being bought by those participating in the event which was held yesterday at the Jigsaw School, Berakas. The fun-filled occasion began as early as 6.30am and attracted many car boot sale enthusiasts who were looking for potential bargains at the sale. Items ranging from clothing to children’s toys, paddling pools, coat hangers and sport rims were for sale at the event which was aimed at raising funds for the National Tsunami Disaster Relief Fund under the Ministry of Culture, Youth and Sports. A Charity Raffle which was also organized alongside the car boot sale also drew an encouraging response form the crowd with 200 tickets being sold. The draw took place at the end of the activity. YEAB members donated prizes for the raffle and winners who were not present at the draw be notified by telephone. All proceeds form the sales of raffle tickets and car lots will be handed over the Ministry of Culture, Youth and Sports for the tsunami victims.

1^st April 2005

More Contributions for Tsunami Fund

MORE cash contributions have been received by the Ministry of Culture, Youth & Sports for the Tsunami Disaster Relief Fund on Thursday. According to the Minister of Culture, Youth & Sports, Pehin Dato Seri Paduka (Dr.) Hj Awg Hussain, donations amounting to B$2.7 million have been received from the community and other private organizations for the fund since its launch early January this year. “Although it has been over three months since the natural disaster struck countries in the South Asian region, contributions continue to pour in towards the fund, showing the great compassion and continued efforts of our community towards the people in need of aid,” he added. Donations received will continue to be channeled towards affected areas to rebuild homes, hospitals, shelters and other reconstruction works. Brunei Darussalam has also recently received news on the recent devastating earthquake disaster affecting the West Sumatra region of Indonesia. In light of that the Ministry will also be making the necessary arrangements and aid contributions towards the victims, specifically to those highly affected by the fatal disaster. Pehin Dato Seri Paduka (Dr.) Hj Awg Hussain was on hand to receive on behalf of the Ministry donations form several government and private organizations, in a ceremony held yesterday. Also present to witness the ceremony was the Director of JPEM, Datin Adinah binti Osman. Cash Donations amounting to B$31,487.20 were received from HSBC, presented by the bank’s CEO, Mr Guy Priestley. The WI Association meanwhile contributed B$4,000 which was presented by the President of WI, Dyg Hjh Marhani bte Hj Abd Latif. Awg Hj Zaini bin Madaros, Special Duties Officer from the Ministry of Industry and Primary Resources also presented cash contributions, amounting to B$3,923, on behalf of the Ministry. Pemoda Association also gave their contributions amounting to B$3,829.67, which was presented by the President of Pemoda, Awg Hj Abu Bakar bin hj Mohd Arshad. Other contributions received were presented by Dyg Lisa bte Dato Paduka Hj Ibrahim from the Young Entrepreneurs Association Brunei amounting to B$1,674.70 while Awg Hj Zaini Hj Mohammad, Manager of Syarikat Mohd Fisal Trading contributed B$500.

10th August 2005