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NEWS UPDATES Asean Affairs   26 June 2013  

New office to help boost ties with China: Trade group

Fitri Shahminan

THE establishment of a new headquarters would help strengthen the presence of the Brunei-China Friendship Association (BCFA) and boost economic ties between Brunei and China, said BCFA's vice president.

In a recent interview with The Brunei Times, Dr Md Firdaus Abd Rahman said that the association is currently stationed at one of its members' office and was still waiting for government approval to acquire land for the construction of a new office and commercial building.

He could not divulge other details of the land application but said that a new headquarters would help project a stronger image for the association.

"It (the new office building) is part of BCFA's long-term project. We are still waiting for an update. But the building would help us a lot in terms of strengthening trade relations with China," Dr Md Firdaus explained.

He added that the building would signify the long-term commitment of the association and to meet the objectives as well as vision and mission of its establishment.

The BCFA vice president also said that while waiting for updates on the land application, the association would still continue to organise and arrange business meetings with fellow Chinese businessmen.

"We are looking forward to bring in more businessmen from China to cooperate with Brunei through our liaison office in Nanning," he said.

In January, BCFA President Dr Hj Kamaruddin Dato Seri Paduka Hj Talib told The Brunei Times that the association had submitted an application to acquire land from the government for a planned new headquarters.

He said that BCFA needed a new building to allow the association to have a more presentable headquarters and office to receive all these high-level delegates from China.

Dr Hj Kamaruddin also said that revenue from business ventures in China will be taken into Brunei and invested in commercial projects in the country, adding that most of the businesses in China are in the form of commercial building properties and retail trading.

The BCFA president had also voiced out his concerns on the trade body not getting enough access to spin-off projects from Chinese giant companies which have established businesses in Brunei.

Side businesses coming from the big firms remain limited and that BCFA members should be offered spin-off projects in favour of a "win-win situation for Brunei", he said.

The association is also in the process of inviting more interested parties to sign up for membership in order to gain more business opportunities both in Brunei and China.
The Brunei Times

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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