SME empowerment series continues | Borneo Bulletin Online

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Baiduri Bank, in collaboration with DARe (Darussalam Enterprise), organized a workshop for its “Baiduri SME Empowerment Series” at the iCentre auditorium of Anggerek Desa from March 22 to 24 to continue supporting the economic program of the countries aiming to diversify beyond the oil and gas sector.

Since April 2019, workshops tailored to micro, small and medium enterprises (MSMEs) have been held, covering topics ranging from e-commerce to product marketing. The workshop titled “A Strategic Planning Development Workshop” was led by Dr Sophiana Chua binti Abdullah, who founded A Vision A Day Company and is also a Strategic Planning Consultant at EpiPeople Consultants. Its main objective is to assist public and private sector staff in developing their strategic planning.

About 20 local businesses participated in the interactive training workshop aimed at making them develop a strategic plan using strategic thinking and systems thinking. Participants learned how to use practical strategic planning development tools and techniques in their plans and discussed how to align high-level visions at all levels of their business. The workshop ended with a clinic to apply what they learned in a real scenario.

The partnership between Baiduri Bank and DARe aims to implement a series of professional training workshops designed to complement the existing training programs offered by DARe’s Industry Business Academy (IBA), offering a more comprehensive training program and more comprehensive to local entrepreneurs, enabling them to achieve greater success in their businesses.

Baiduri Bank CEO Ti Eng Hui said, “Our goal with the Baiduri SME Empowerment Series is to enable the growth of local SMEs, which we fully believe can be achieved by empowering them through education.

“This series of professional training workshops is designed to complement the existing training programs offered by DARe and will hopefully provide a more comprehensive and comprehensive training program for local entrepreneurs, and allow them to better prosper in their businesses. commercial. “

Baiduri Bank also offers a wide range of solutions for local SMEs to optimize their cash flow and finance their growth, including working capital financing, installment loans, home loans as well as commercial financing options.

Thanks to these financing solutions, local SMEs have access to short and medium term capital to finance their operations or develop their activity. Other products designed to serve small businesses include business credit cards, payroll processing, and other everyday banking services.

Dr Sophiana Chua binti Abdullah leads the workshop. PHOTO: BAIDURI BANK

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