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Speech By Minister Of Communications, Brunei Darussalam At Progresif New Flagship Store Opening And Brand Launch 2015, Friday, 1st May 2015 @ 7:30pm, Block ‘A’, An-Nuha Tanjung Bunut

SPEECH BY

 

YANG BERHORMAT PEHIN ORANG KAYA HAMZAH PAHLAWAN

DATO SERI SETIA AWANG HAJI ABDULLAH

 BIN BEGAWAN MUDIM DATO PADUKA HAJI BAKAR

MINISTER OF COMMUNICATIONS, BRUNEI DARUSSALAM

 

 

PROGRESIF NEW FLAGSHIP STORE OPENING AND BRAND LAUNCH 2015

 

FRIDAY, 1ST MAY 2015 @ 7:30PM

 

BLOCK 'A', AN-NUHA TANJUNG BUNUT,

PROGRESIF BRANCH

NEGARA BRUNEI DARUSSALAM

 

 

Alhamdulillahi Rabbil 'Alamin Wassalatu wassalamu 'ala Asyrafil Anbia-i Wal-Mursalin Sayyidina Wa Maulana Muhammadin Wa-a'ala Alihi Wa-Sahbihi Ajma'een.

Yang Mulia Dato Paduka Awang Haji Bahrin bin Abdullah, Deputy Minister of Finance as Chairman of Darussalam Assets.

 

Yang Mulia Awang Abdul Mutalib bin Pehin Orang Kaya Seri Setia Dato Paduka Haji Awang Mohd Yusof, Permanent Secretary, Ministry of Communications as Chairman of AITI.

 

Yang Mulia Dato Paduka Awang Haji Amin Liew bin Abdullah, Chief Executive Officer of Darussalam Assets

 

Yang Mulia Awang Haji Abu Bakar bin Haji Ibrahim, Deputy Permanent Secretary, Ministry of Finance as Chairman of Progresif Cellular Sdn Bhd

 

Mr. Paul Hyde, Chief Executive Officer of Progresif Cellular

Progresif Board Members, Directors and Head of Departments, Senior Management and Officers, Distinguished Guests, Ladies and Gentlemen,

 

 

Assalamualaikum Warahmatullahi Wabarakatuh dan a Very Good Evening to All.

 

1. It gives me great pleasure to be here as a guest of Progresif and to be a part of the launching the new corporate brand and flagship retail store. My heartiest congratulations to Progresif on this initiative.

 

2. Telecommunications technology impacts almost every aspect of our lives. It affects the way we do business, the way we manage our time, the way we keep in touch with each other, and the way we build our collective human experiences.

 

3. The rate of development of telecommunications products and services has increased dramatically over the last decade and shows no sign of slowing. It is in fact one of the fastest growing businesses sectors globally, and as communication grows so does culture and commerce.

 

Ladies and gentlemen,

4. According to a statement by Gartner Inc. back in 2013, Internet of Things or IoT will create $1.9 trillion of economic value add with over 30 billion connected devices will be in use by 2020. It was envisaged that digitalisation of our social, economy and lifestyle would significantly change the technology market through the Internet of Things that encompasses "things", people, places and systems.

 

5. With that trend, analysts were confident that Internet of Things would create new markets and a new economy.  The traditional IT market is expected not going to grow at a faster rate and in fact the increased growth will come from the non-traditional IT market.  While in 2015 the combined IT and telecom market will hit nearly $4 trillion, the incremental revenue generated by the Internet of Things' suppliers is estimated to reach $309 billion per year by 2020. Half of this activity will be new start-ups and 80% will be in services rather than in products. In 2009, there were 2.5 billion connected devices, which mostly were mobile phones, PCs and tablets. In 2020, there will be over 30 billion devices connected, of far greater variety.

 

6. With these phenomena, Internet of Things is a strategically important market that will accelerate fast and will drive both revenue generation and cost efficiencies. Therefore, with this industry outlook, the national and international info-communications infrastructure will be utilised more by communications between devices as compared to voice service. Hence the importance of fast, secured and robust communication network with more application that can enhance the lives of people and business processes.

 

7. In 2001, Brunei's mobile penetration was only 32%, by 2014 however, it had reached a penetration of around 121%, bringing it on par with major global markets. This growth was possible as a result of significant investment in infrastructure and the introduction of healthy competition. This development helped grow the economy by creating jobs, developing entrepreneurial spirit into small businesses. It helped our culture to grow by providing greater access to information, and enhancing the fundamental human need to communicate.

 

8. On this note, I am pleased to see collaborative synergies between operators and the regulator to ensure a level playing field for fair competition in our small local market. With the recent new regulatory directive and implementation to remove mobile termination charges by eliminating receiving call charges by operators, this is one initiative that we hope will pave the way for more opportunities in ensuring the sustainable growth of the local telecommunications and ICT industry.

 

9. I was made to understand that since the inception of Progresif Cellular Sdn. Bhd and with the launching of its innovative product and services coupled with steps to revolutionise it's pricing, the Progresif's customer base has increased significantly to more than 30%.  This is quite a promising achievement and I look forward to seeing further developments by Progresif in this this near future.

 

 

Ladies and Gentlemen,

10. I would also like to take this opportunity to encourage mobile operators to work with their overseas partners' networks to reduce the International Roaming Rates for Voice Calls, SMS, Video Calls and Data. Indeed last year, Brunei Darussalam and Singapore Regulators have signed and worked together with mobile operators in the two countries to reduce the mobile roaming rates. I urge all stakeholders to explore and increase similar collaborative efforts in support of our endeavour for a fully connected and Smart Society.

 

11. In my recent engagement in APEC comprising of Ministers responsible for Telecommunications and IT with Industry Dialogue partners, I have reiterated the three (3) main thrust for the development of future APEC economies in relation to the Investing ICT for the future growth. They are:

i) The ICT environment which is safe and reliable;

ii) The economic developments which are sustainable; and

iii) Increase the social benefits.

 

12. There are, however still areas that require special attention in achieving digital economy among others such as :-

i) Improvement and enhancement of communications network and heightening the cybersecurity for ensuring the network reliability and robustness;

ii) Improvement in connectivity in all aspect of physical, institutional, people-to-people and online connectivity; and

iii) A well-planned and accessible infrastructure with programmes and initiatives for outreach programs, economy engagement, consumer protection and minimising the entry barriers such as licensing and technical requirements.

 

13. On this note, I would also like to encourage our Telco players and their local partners to join affiliation and membership such as in ITU, APEC and ASEAN and the respective sub-fora, expert groups, committees and forums. There are vast knowledge and sharing of best practice that the industry can feed to government as the policy maker and to the regulator in promoting conducive environment that stimulates healthy competition and collaborations among service providers and players.

 

Ladies and Gentlemen,

14. We have come a long way over the last decade. In this fast changing and dynamic ICT industry with high customer expectations, there is always a great demand for information to be handled faster and better every day. Therefore, to remain relevant, we must constantly challenge and review the way we do things be it in new tecnologies or new business innovation.

 

15. Lastly, thank you for the opportunity to be here this evening to join in your celebration. My heartiest congratulations to the management and staff of Progresif for what they have made the company to where it is today.

 

Thank you.

 

Sekian, Wabillahi Taufik Wal Hidayah Wassalamualaikum Warahmatullahi Wabarakatuh.

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