BRUNEI will next year take part in the Seventh Junior Achievement (JA). Asia Pacific Company of the Year competition for the first time in Japan.
A student company representative from Brunei will be chosen to compete in the three-day annual competition in February 2017.
According to the Junior Achievement Asia Pacific website, the participants must have a Junior Achievement student company that has been active in its local Junior Achievement Company Programme.
During the competition, the students representing their companies will be assessed in four stages: company report, business presentation, interviews with the panel of judges, and the trade fair booth.
“The competition is not simply a business competition for young people, the goal is to balance the business achievements of each company as a whole with the personal development of each individual member,” Junior Achievement Brunei Managing Director Louis Tan said in an interview yesterday.
Tan hopes local students will use the competition to further enhance their knowledge and skills. He added that the students can also use the opportunity to network with other students in the region.
“Most important is to cherish the experience of participating in the competition and share with other students who may be considering to join the Junior Achievement Company Programme,” he said.
Tan said there are currently six schools in the sultanate that are undergoing the Junior Achievement Company Programme, including Duli Pengiran Muda Al-Muhtadee Billah College, Paduka Seri Begawan Sultan Science College, Tutong Sixth Form Centre, Meragang Sixth Form Centre, Sengkurong Sixth Form Centre and Sayyidina Ali Secondary School.
He said JA Brunei will be organising an internal competition in September 2016 to select one student company to represent Brunei in the Asia-Pacific contest.
Although the internal competition is still in the planning stage and details are yet to be confirmed, Tan said the local student companies will present their business presentation where they will be judged by JA Brunei’s sponsors, HSBC and Baiduri Bank, and others.
“lt is not sufficient just to run a financially successful JA company or to have created an exciting product or service. The JA student company members must also demonstrate that they understand how and why the company performed as it did,” he added.
The Brunei Times