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Rozman takes over as Labuan Malay chamber head
Published on: Tuesday, April 25, 2017
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Labuan: Member of Parliament for Labuan Datuk Rozman Isli is now the President of the Malaysian Malay Chamber of Commerce Labuan (DPMM), taking over the helm from Datuk Yussof Mohammad, who was the founder of the chamber the last 21 years.Rozman said the chamber would be another "vehicle" for him to unite Malay entrepreneurs on the island.

"The long-serving Datuk Yussof Mohamad has been able to assist Malay entrepreneurs here and we will continue his legacy," he said at the chamber's annual general meeting dinner on Sunday.

"The island economy, which had been heavily depended on the oil and gas sector, is now on the verge of gloom, with a few hotels, including an established hotel on sale, due to declining occupancy since last year, closure of shops and increased unemployment rate.

"Sadly to note, a number of people who had lost their jobs after the slowing down of the oil and gas sector are facing financial difficulties with hire purchase issues...their vehicles are in the process of being repossessed and their house are without power supply," he said at the chamber"s annual general meeting dinner on Sunday.

Rozman said the impact of the current economic situation has made local entrepreneurs more matured "in sailing through troubled waters" and be more vigilant in their business activities and creative in diversifying their business deals.

"After the slump in oil prices hit the oil and gas sector across the globe, with no exception to Labuan, the situation has taught us, you can either let it defeat you or you can overcome the situation.

"This is the process of adapting well in the face of adversity or significant sources of stress...bouncing back from difficult experiences," he added. – Bernama





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