Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 1111 Mon. July 16, 2007  
   
Business


Brunei sultan urges SMEs to play bigger role


The sultan of Brunei called Sunday for small and medium-sized enterprises to play a greater role in the country, which observers say is debating how to secure its economic future amid dwindling oil and gas resources.

In a speech marking his 61st birthday, Sultan Hassanal Bolkiah, one of the world's longest-reigning monarchs, called on government agencies to eliminate obstacles that prevent SMEs from expanding their operations.

Government bodies should "prepare the way for (SME) growth and development," he said, standing in military dress uniform with a sword at his side in the palace throne room.