Thursday, 11 June 2026 – “Britain Brunei Business Forum (BBBF) and Laksamana College of Business Lead Dialogue on “Supply Chain Shocks: Brunei & ASEAN’s Hidden Costs”.
Businesses in Brunei and across ASEAN must prepare for the wider economic impact of global supply chain disruptions arising from the ongoing US-Iran conflict, participants at a business forum heard yesterday.
The talk, titled “Supply Chain Shocks, Brunei & ASEAN’s Hidden Costs: Unpacking the Ripple Effects of the US-Iran Conflict on Southeast Asia’s Industries, Markets and Households Beyond Oil and Gas”, was organised by the Britain Brunei Business Forum (BBBF) in collaboration with Laksamana College of Business.
In his opening remarks, BBBF Chair Dr Siva Subramaniam said the issue was highly relevant to Brunei’s business community.
He said: “Eight days ago on 3 June 2026, the Prime Minister’s Office announced the creation of a National Committee to address the impact of the Middle East conflict. That tells us something important: the ripple effects of global instability are no longer far away. They are here – in our supply chains, in our costs, and in the way our businesses operate.”
The forum featured Lim Say Cheong, Chief Executive Officer of Saudi Venture Capital, who shared insights from his experience in the Gulf region and Islamic finance sector.
During the session, Lim highlighted how geopolitical tensions in the Middle East are affecting trade routes, investment flows and supply chains, with implications extending beyond oil and gas to sectors such as food, healthcare and construction.
The afternoon concluded with refreshments and networking, giving attendees the opportunity to continue the dialogue with the speaker, Mr Lim Say Cheong, and fellow members of the business community.