(Bandar Seri Begawan, 7th) The 2026 Brunei Local Enterprise Award Ceremony was held with the theme of promoting local business development, recognizing Brunei enterprises that have excelled in business achievement, resilience, innovation, and contributions to private sector development.
This award is organized by the Brunei Economic Development Board and is an annual event aimed at recognizing local companies that demonstrate strong business performance, sound management practices, and sustainable growth potential.
Acting CEO Daniel Leong stated that this recognition is not only an acknowledgment of business achievement, but also provides a benchmark for establishing business excellence standards. This year's event emphasized that while Brunei enterprises are strengthening their domestic foundations, they should also build capabilities, confidence, and readiness to gradually expand into international markets.
The event highlighted the importance of helping local businesses establish a solid foundation domestically while preparing for overseas market opportunities. In particular, it emphasized strengthening business fundamentals, improving productivity and governance standards, enhancing product and service quality, and supporting companies to gradually boost market competitiveness.
In addition, some of this year's award-winning companies have already shown readiness to explore markets outside Brunei, while other enterprises continue to build necessary capabilities, standards, and strategies to seize broader growth opportunities in the future.
Through this recognition, the Brunei Economic Development Board hopes to encourage more local companies to raise their standards and strengthen their capabilities to be better prepared for real growth opportunities. This also aligns with Brunei's economic diversification agenda and the national vision of building a resilient and sustainable economy.
This award is organized by the Brunei Economic Development Board and is an annual event aimed at recognizing local companies that demonstrate strong business performance, sound management practices, and sustainable growth potential.
Acting CEO Daniel Leong stated that this recognition is not only an acknowledgment of business achievement, but also provides a benchmark for establishing business excellence standards. This year's event emphasized that while Brunei enterprises are strengthening their domestic foundations, they should also build capabilities, confidence, and readiness to gradually expand into international markets.
The event highlighted the importance of helping local businesses establish a solid foundation domestically while preparing for overseas market opportunities. In particular, it emphasized strengthening business fundamentals, improving productivity and governance standards, enhancing product and service quality, and supporting companies to gradually boost market competitiveness.
In addition, some of this year's award-winning companies have already shown readiness to explore markets outside Brunei, while other enterprises continue to build necessary capabilities, standards, and strategies to seize broader growth opportunities in the future.
Through this recognition, the Brunei Economic Development Board hopes to encourage more local companies to raise their standards and strengthen their capabilities to be better prepared for real growth opportunities. This also aligns with Brunei's economic diversification agenda and the national vision of building a resilient and sustainable economy.