LOCAL MSMES ENGAGED IN EMPOWERMENT SERIES WORKSHOP FOR BUSINESS MANAGEMENT AND OVERSIGHT

22 November 2023

The 11th instalment of the Baiduri Bank MSME Empowerment Series, in collaboration with Brunei Economic Development Board (BEDB) through Darussalam Enterprise (DARe), featured a comprehensive workshop on "Unlocking MSMEs Brilliance: Business Management and Oversight” delivered by Charles Harbottle, SAGE Faculty Expertise: Corporate Governance, B2B Business Development.

“We firmly believe in supporting our local MSMEs, recognising their pivotal role in the economic fabric of our nation. Through these series, we aim to empower and enable the small and medium-sized enterprises to thrive and grow, contributing to the prosperity and development of our local economy,” said Mohd Isa Liew Mohd Amin Liew, Head of Business Banking at Baiduri Bank.

Representing SAGE, a leading provider of learning solutions, Mr. Harbottle is a 35-year financial service veteran whose career has involved customer-facing roles at investment banks Mizuho, UBS and Lehman Brothers.

Local Micro, Small, and Medium Enterprises (MSMEs) attended the workshop – held at iCentre Building, Anggerek Desa Technology Park - which delved into the fundamental components of corporate governance, emphasizing its role in building trust and reputation through accountability, transparency, and ethical decision-making.

Participants learned about the ideal characteristics of a Board of Directors and the benefits of Advisory Boards. The training also emphasised the need for clear management structures, effective way to motivate their team, and risk management.

The challenges faced by MSMEs, including owner involvement, conflicts of interest, limited resources, and a lack of awareness, were also addressed, underscored by case studies illustrating the consequences of governance failures.

The MSME Empowerment Series is a cornerstone initiative of the economic pillar of Baiduri Bank’s Corporate Social Responsibility (CSR) programme and aims to give local businesses access to all the necessary resources to develop sustainably.

For more information on Baiduri Bank’s MSME services, visit https://www.baiduri.com.bn/business/services/baiduri-enterprise-hub or the Baiduri Enterprise Hub located above Baiduri Bank Serusop branch at Units 2 – 4, Block A, First Floor, Pelangi Complex at Kampong Delima Satu.

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Important update
19 September 2023

We would like to inform you that with effect from 31 October 2023, Business i-Banking service will no longer be operational, and this will be replaced with our new Baiduri b.Digital Business service.

If your company has not transitioned to b.Digital Business, please ensure that every existing user provides the following by 8 October 2023 through the Business i-Banking Inbox:

User’s full name
User’s valid Identification Card (IC) or Passport
User’s mobile number
User's company assigned email address (General company email is not accepted e.g., [email protected])

Alternatively, you can complete the b.Digital Business Amendment Form and submit the form(s) directly to Baiduri Digital Hub, Ground Level, Baiduri Bank Headquarters.

Every user will receive a notification email at their registered email address, once they have been migrated and activated on the b.Digital Business service.

Companies who have not moved to b.Digital Business after 31 October 2023 can re-apply as a new subscriber to the b.Digital Business service. This will require additional documentations to be submitted as part of the application. Refer “Required Documents” here.

Important notice: Our Business i-Banking service will be deactivated soon. To ensure continued access and a smooth transition to the new Baiduri b.Digital Business, please provide your full name, IC, email address and mobile number via Business i-Banking Inbox. If we do not receive updated details from all authorised users, your company will not be migrated to the new platform and a fresh application will be required. For assistance, contact us at [email protected] or call 2268 637/8/9 during business hours. Thank you for your cooperation.

I have read and understood the notice above.

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