Sunday, November 08, 2009

Brunei $100 1988


How many people remember this $100 note? Not many I am sure.

All these while, all my other notes collection was growing, I only had two pieces of this $100 note. On the internet too, especially on ebay, this is rarely available. On the current ebay, there is one currently available note with a price of about US$260. I was quite surprised the other day when my nephew said someone deposited a few pieces. I rushed to see him and saw 6 of these notes in varying condition. The worst was badly folded but the best was in the EF category. If you managed to get hold of one, keep it. It may not be worth as much as the Begawan note but I am sure that will change. You just can't find these notes.

This is one of the least remembered paper money that Brunei had ever produced. It was produced around 1988 to 1990. Many people remembered the older $100 of Sultan Omar Ali and of the earlier Sultan Hassanal Bolkiah. Those two were the large notes. Those two were replaced by this $100 notes.

However this is also one of the most counterfeited notes. I am sure that led to the decision to remove this and replaced the note with a newer (brown) $100 paper notes and that too has now been replaced with the polymer $100 note.

Wednesday, November 04, 2009

A Growing Industry in Brunei

The Oxford Business Group on 3rd November 2009 published the following article:

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Brunei Darussalam: A Growing Industry

3 November 2009

Ensuring domestic food security and developing a viable export sector are at the heart of Brunei's efforts to establish a strong commercial food processing industry, though the country has to balance its staunch commitment to environmental protection with the need to achieve self-sufficiency in basic staples.

At present, Brunei Darussalam's agriculture only partially meets the country's food needs, with a small contribution to both employment and the economy, something that may well change in the near future.

Last year, the total output of Brunei Darussalam's domestic food sector was just $158m, though under a new strategy developed by the Department of Agriculture this is to increase to $430m in 2013 and $1.9bn by 2023. While the strategy aims to improve yields from farms, the emphasis is on growing the agri-industry.

Speaking at the launch of the new strategy on October 10, the industry and primary resources minister, Pehin Yahya Bakar, said the challenge was to develop sustainability.

"I wish to stress that the basis of agricultural development for the next two decades will be directed at efforts to strengthen the capacity in the agricultural sector, not only in increasing primary agricultural commodity production sustainably, but more so in the development of the capacity of the secondary sector, food processing, which will invite more agri-business opportunities, locally and internationally," he said.

One of the cornerstones of Brunei Darussalam's ambitions is the Agro Technology Park to be located near the capital, a project being developed on a 260-ha site to cater to the needs of the industry. When operational in 2011, the park is expected to create up to 8000 jobs and combine research and logistics hubs alongside a processing cluster. With the state contributing $140m and private investors expected to match that, the project is one of the largest industrial developments outside of the energy and petrochemicals sectors.

The other building block on which the Sultanate's food processing sector is to be constructed is the state policy of supporting the halal food industry, promoting the production of fresh and processed foods that comply with the requirements of sharia laws.

Brunei Darussalam officials have identified the growing demand for halal products, a market that already represents around 12% of global food sales and which is expected to increase to 30% by 2025, as an industrial niche the Sultanate can help fill, both through testing and certifying products from overseas through the Brunei Halal Brand and by expanding domestic production.

Though Brunei Darussalam wants to boost its agri-industrial base, along with the primary industries needed to support it through the growing of raw materials, there are a number of constraints that may restrict the scope of development. One of these is a shortage of land.

Though the Agro Technology Park and other smaller-scale projects are being developed to serve the food industry, there is only a limited amount of land available for extending agricultural production.

According to figures released by the minister of development, Pehin Abdullah Bakar, on October 17, just 5% of Brunei Darussalam's land is listed as accessible for housing or industrial purposes, with housing having the priority.

There are only some 28,825 ha of the country's total landmass of 576,500 ha that has not been marked for preservation or that is already being utilised, the minister said.

With some 17,000 applicants on waiting lists for state housing, a figure that is expected to rise to 30,000 by 2012, the minister said care had to be taken to manage land resources.

"So far, the nation's housing scheme requires 5000 ha of land, which is 17% of the land available," Pehin Abdullah said. "This shows the need for us to use land more wisely."

To combat the lack of wide open spaces, Brunei Darussalam officials are promoting the better use of what land is available, both through utilising improved technology and techniques, and by focusing on crop strains that are best suited to local conditions. One example of this is the introduction of a specially developed high yield rice variety, Bera Laila, part of the campaign to meet 20% of domestic rice demand by 2010, up from the current single-digit levels.

Another way that Brunei Darussalam is looking at overcoming its deficit of primary produce for processing is through imports, a strategy outlined by Abdul Latif Sani, a senior official with the Department of Agriculture's Halal Development Division.

Brunei Darussalam was considering forming partnerships with foreign firms to provide bulk raw materials to be exported to the Sultanate where they could be processed so as to meet halal standards, Abdul Latif told the Borneo Bulletin while attending the sixth China-ASEAN Expo in late October.

"Basically the objective is, as a Muslim nation, to provide halal food to Muslims worldwide," he said. "The second objective is that we are tapping into the lucrative halal global market, which is believed to be worth billions of US dollars. The third is that we want to take the small and medium-sized enterprises' products to explore the global halal market."

While it will take time for Brunei Darussalam's agri-industry to fully get off the ground, having identified a potential growth market, the government is putting in place the necessary capital and infrastructure to sustain the sector's development.

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Tuesday, November 03, 2009

High Pay with Minimal Schooling

I was intrigued by one article on finance.yahoo.com entitled "10 Jobs With High Pay and Minimal Schooling Required!" The article was written by Michael Kling and published on yahoo finance on Tuesday, November 3, 2009. It read as follows:

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You don't have to go to college earn a decent living. Some professions pay good salaries without requiring post-secondary schooling.

Your New Career
Here's a list of top-paying jobs requiring little schooling, and their median annual earnings as of 2006, using the latest data available from the Bureau of Labor Statistics. Keep in mind that these jobs have their own challenges and often require some type of specialized schooling - sometimes on-the-job training.

1.Air Traffic Controllers: $117,200

These workers make sure airplanes land and take off safely, and they typically top lists of this nature. The median 50% earned between $86,860-142,210, with good benefits. Air traffic controllers are eligible to retire at age 50 with 20 years of service, or after 25 years at any age.

Watching blinking dots on a radar screen that control the lives of hundreds can be stressful, and the job require specialized FAA schooling and on-the-job training. Typically, two to four years of training are needed in order to become fully certified, although previous military experience can cut that time down significantly.

2.Industrial Production Managers: $77,670

They oversee manufacturing activities. A college degree is preferred, but not necessarily mandatory. They often work in industries such as aviation and automobiles.

3.First-Line Police and Detective Supervisors: $69,300

Police officers can advance through the ranks to become supervisors by passing exams and achieving good performance reviews, and advanced training can help win promotions.

4.Funeral Director: $49,620

College programs in mortuary science usually last from two to four years. You typically must also serve a one-year apprenticeship, pass an exam and obtain a state license. Hours can be long and irregular. Dealing with dead bodies and crying relatives isn't for everyone.

5.Police and Sheriff Patrol Officers: $47,460

Police corporals had an average minimum annual base salary of $44,160, according to the International City-County Management Association. But total income can significantly exceed base salary because of overtime pay. And police officers can often retire at half-pay after 25-30 years of service.

Applicants usually must have at least a high school education, and some departments require a year or two of college or even a degree. Rookies are trained at police academies.

6.Advertising Sales Agents: $42,750

20% have a high school degree or less, and 10% have an Associate's degree.

7.Real Estate Brokers and Sales Agents: $39,760

Don't let that figure fool you; the highest 10% earned more than $111,500. While advanced coursework is not necessarily required, new entrants must pass an exam and get a state license. Connections in the community and a willingness to work hard are what really count, but experience and a good housing market also help.

8.Occupational Therapist Assistants: $42,060

These workers usually need an associate degree or a certificate. They work with occupational therapists, helping injured patients recover from, or compensate for, lost motor skills. Job prospects are good in the growing health care field, especially for those with some post-secondary education.

9.Occupational Therapist Aides: $25,000

These employees receive most training on the job. Under supervision of occupational therapists, they also work with injured people. Competition for jobs is tougher for those with only a high school diploma.

10.Physical Therapist Assistants: $41,360

These workers deal with physical therapists, helping patents improve mobility, relieve pain or overcome injuries or disabilities. Those working in home health care services tend to make more on average. Aides, earning an average of $22,000, are trained on the job. Assistants, who have greater responsibilities, typically need an associate's degree.

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Unfortunately these jobs are in America!

Monday, November 02, 2009

Rebellion in Brunei

Tun Teja commented in the Comment Box a few days ago about how he just came across this book. In fact this is not a new book, this book has been around since the third quarter of 2007. I bought it in Singapore last year for a would you believe it price of S$193.81. I checked on the internet this morning, the price is much lower now. Barnes and Nobel is selling it for US$56.21 (S$78.86), Amazon USA is selling it for US$79.00 (S$110.84) and Amazon UK is selling it for GBP43.12 (S$98.96). Shipping and packing is of course extra.

This book is written by Datuk Harun Abdul Majid, one of our local businessmen. This book arises out of his dissertation when he was doing his Masters at King's College in London and he carried out his research at the Department of War Studies there.

Some people commented that no one has written about the 1962 incident. In fact, there are a number of other books written about Brunei Rebellion which you can still find in the market. Topmost obviously is HRH Prince Mohamed Bolkiah's "Remember, Remember 8th of December", Dr Haji Zaini Haji Ahmad's "Pertumbuhan Nasionalisme di Brunei (1939 - 1962)" and "Brunei Merdeka: Sejarah dan Budaya Politik" and Pehin Jamil's "8 Disember: Dalangnya Siapa?".

What's different about Datuk Haruns's book is that his view is seen from the larger regional 1960s Malaysia-Indonesia conflicts. A number of British servicemen who served in the region noted the fighting in Malaya and Brunei was part of the Small Wars which the British soldiers, sailors, and airmen from Britain and the Commonwealth have been fighting to defend Britain's shrinking empire since the end of World War Two. An interesting website of the servicemen's journals including the fighting in Brunei can be found here www.britains-smallwars.com.

According to the book's writeup, this book is supposedly "the first comprehensive history of the Brunei Rebellion, which was the trigger for the Indonesia-Malaysia confrontation of the 1960s and of critical importance in understanding the history of the region. Harun Abdul Majid explores the turmoil throughout Southeast Asia that was the backdrop to the rebellion and analyses how Brunei not only survived but actually emerged from this turbulent period as a stronger and more coherent political state. Although the rebellion itself was short-lived, the consequences for the region's international relations within Asia and with the West - especially given Brunei's emergence as a significant oilproducer - were far-reaching."

Saturday, October 31, 2009

Graduating Today?

This morning, lots of people will be coming out of ICC with brand new degrees and diplomas. I was going to do a short piece about the History of UBD and found that UBD has already publicised it in its website, but just in case, you have not read or seen it yourself, here it is with some additional notes.

The idea of establishing a university of Brunei Darussalam was first raised during a comprehensive review of the country's higher education facilities in 1976. Subsequent discussions led to the appointment of a steering committee which, with the assistance of the British Council, proceeded to engage a group of experts to study and advise on the matter. However, active planning for a university did not commence until 1984-5, at which time academic links were discussed with a number of universities in the United Kingdom and Malaysia.

On 23 April 1985 came an announcement from His Majesty Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah, Sultan and Yang Di-Pertuan of Negara Brunei Darussalam that, in the interest of national development, Brunei Darussalam was to have its own university and that the necessary arrangements should be made with minimum delay.

In a remarkably short period of time a temporary campus was set up in a renovated building complex close to the Institute of Education, four and a half kilometres from the city centre. That campus is now used by the Business School today.

With the help of several overseas universities and under the supervision of a Ministry of Education Committee on the Establishment of the University, the first degree programmes and courses were devised. Formal academic links were established with University College, Cardiff, and with the University of Leeds and both of these universities helped in the development of the English-medium programmes. For Malay-medium programmes, assistance was provided by Universiti Sains Malaysia and Universiti Kebangsaan Malaysia.

Academic staff were recruited in the United Kingdom, Malaysia and Singapore, and some were also seconded from universities in these countries. I remembered a Professor Shahrum who was appointed as the UBD Academic Adviser. He and his family stayed at a house along Jalan Residency just after Bubungan Dua Belas. There used to be a big label saying UBD there but the last time I passed by, the whole place looks dilapidated.

On 28 October 1985, just six months after His Majesty's announcement, Universiti Brunei Darussalam opened its doors to the first intake of 176 students. In 1988, the Sultan Hassanal Bolkiah Institute of Education was integrated with the University. If I am not mistaken, Haji Md Abdoh, the Permanent Secretary at the Ministry of Home Affairs was among the first group who graduated from UBD.

Today the University accommodates more than 300 academic staff and 2,800 students in seven faculties, namely Arts and Social Sciences, Business, Economics and Policies Studies, Sultan Haji Omar Ali Saifuddien Institute of Islamic Studies, Science, Sultan Hassanal Bolkiah Institute of Education, Academy of Brunei Studies and Institute of Medicine.

My heartiest congratulations to those graduating today!

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