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103

BUSINESS SECTORS

The COVID-19 pandemic has not only led to

a dramatic loss of human life, but has also

affected communities, businesses, and nations

globally as the pandemic profoundly exposes

the vulnerability of globalisation, public health

and food systems, among others.

For Ghanim, COVID-19 has led to exports

being halted since February 2020 due to

various disruptions from logistics, lockdowns,

changes in import requirements, as well as

the availability of raw materials impacting

production and sales.

To make up for the loss in export revenue,

Ghanim quickly shifted its focus to fulfilling

local market requirements including new

product development. Thanks to the concerted

and swift efforts by the government, Brunei has

been navigating the pandemic exceedingly well

in comparison to many other countries. With

orders coming in and export activities to resume

in the coming months, Ghanim is confident that

its business will recover in 2021.

This will be an important year for Ghanim as

the company embarks on the development of

its multipurpose facility. Ghanim will continue

to work closely with MSMEs by supporting

product development and providing access into

the international market. The company is also

expecting to develop new products.

Moving forward, Ghanim aims to expand

The Junction outlets locally into strategic

commercial and residential locations through the

establishment of a franchise entrepreneurship

programme. On the international scale, Ghanim

aims to establish its outlets in key markets

including Bangladesh, Japan, Singapore and the

UAE.

Ghanim hopes to continue serving its consumers

and partners as part of its aspiration to grow

bruneihalalfoods into a household brand in the

country.