Latest news with #GDB
Borneo Post
24-05-2025
- Business
- Borneo Post
Lee: Gawai Dayak Bazaar a symbol of unity, entrepreneurship in Miri
Lee (centre) joined by other guests in a 'ngiling bidai' (rolling of the mat) ceremony to mark the closing of the Miri Gawai Dayak Bazaar 2025. MIRI (May 24): The Miri Gawai Dayak Bazaar (GDB) has become a cornerstone celebration for the Dayak community, promoting both cultural unity and economic empowerment, said Minister of Transport Dato Sri Lee Kim Shin. Speaking at the closing ceremony of GDB 2025 in Permyjaya last night, Lee praised the event's transformation over the past 11 years into a platform that nurtures entrepreneurship while showcasing Dayak culture. 'This bazaar has not only provided a platform for Dayak entrepreneurs but has also become a symbol of unity and cultural pride for the entire community,' he said. Lee commended organiser Gagasan Anak Dayak Sarawak (GADS) for their impactful programmes, particularly those focused on leadership development and entrepreneurship. These, he said, are essential in grooming future leaders and equipping locals with business acumen. Lee also emphasized how such initiatives were instrumental in driving socio-economic development while preserving the unique cultural identity of the Dayak community. 'The GDB has emerged as more than just a marketplace. It is an incubator for Dayak entrepreneurship, and a significant contributor to Miri's tourism sector,' he said. He added that the inclusion of the bazaar in the Miri Mayfest 2025 calendar further solidifies its importance as a regional attraction that draws both local and international visitors. Highlighting the role of the Gawai Dayak Bazaar in fostering social cohesion, Lee described it as a powerful unifying force, where people of all ethnicities and backgrounds come together to celebrate shared values and traditions. He congratulated GADS and the participating traders for their hard work and dedication in ensuring the success of the bazaar. 'In my capacity, I will continue lend my voice and support to ensure the ongoing success of this important cultural event,' he assured. Meanwhile, Lee encouraged GADS to aim even higher for GDB 2026 and provide opportunity for more members of the Dayak community to explore the business and trading industry. At the function, he also announced a RM10,000 grant for GADS in support of GDB. Held from May 1 to May 24, the Miri Gawai Dayak Bazaar 2025 attracted enthusiastic crowds and featured vibrant displays of traditional food, crafts, and cultural performances. This year's edition hosted around 100 traders under 74 canopies, offering products ranging from food and beverages to handicrafts and locally made goods. Also present at the closing were GADS chairman David Upe and GDB 2025 organising chairman Jimmy Lawie. cultural Dayak culture Gawai Dayak Bazaar lead Lee Kim Shin
Borneo Post
23-05-2025
- Business
- Borneo Post
Dayak associations asked to elevate efforts to protect, preserve culture and traditions
(From front third left) Rentap joins the miring ritual to mark the opening of Iban Gawai Night hosted by organising chairman Mabong Unggang. – Photo by Mohd Faisal Ahmad KUCHING (May 23): Dayak-based associations have been asked to increase their efforts to preserve and protect the traditions, culture, and arts of the community. In making this call, Deputy Minister of Youth, Sports and Entrepreneur Development Datuk Gerald Rentap Jabu this is vital for the dignity of their communities. 'Support each other's programmes and activities, particularly in showcasing our cultures and identity. When you promote all these, Sarawak will progress and prosper moving forward,' he said at the Iban Gawai Night for the Gawai Dayak Bazaar (GDB) 2025 at MJC Batu Kawa here last night. The Layar assemblyman also invited the public to attend the State Gawai Dayak Open House will be held at the Borneo Convention Centre Kuching Convention (BCCK) on June 1. He said the open house will be hosted by Deputy Premier Datuk Amar Douglas Uggah Embas. Rentap also pointed out that on June 7, a grand joint Gawai Dayak-Kaamatan celebration will be held in Betong. Tonight, the Orang Ulu community will hold the Orang Ulu Gawai Night at GDB 2025, with Telang Usan assemblyman Datuk Dennis Ngau scheduled to officiate. GDB 2025 will end on Sunday. Dayak Gawai Dayak Bazaar Gerald Rentap Jabu Iban Gawai Night lead
Yahoo
29-04-2025
- Business
- Yahoo
Investors Could Be Concerned With GDB Holdings Berhad's (KLSE:GDB) Returns On Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. Having said that, from a first glance at GDB Holdings Berhad (KLSE:GDB) we aren't jumping out of our chairs at how returns are trending, but let's have a deeper look. We've discovered 4 warning signs about GDB Holdings Berhad. View them for free. If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use this formula to calculate it for GDB Holdings Berhad: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.17 = RM33m ÷ (RM373m - RM177m) (Based on the trailing twelve months to December 2024). Therefore, GDB Holdings Berhad has an ROCE of 17%. On its own, that's a standard return, however it's much better than the 10.0% generated by the Construction industry. View our latest analysis for GDB Holdings Berhad While the past is not representative of the future, it can be helpful to know how a company has performed historically, which is why we have this chart above. If you'd like to look at how GDB Holdings Berhad has performed in the past in other metrics, you can view this free graph of GDB Holdings Berhad's past earnings, revenue and cash flow. In terms of GDB Holdings Berhad's historical ROCE movements, the trend isn't fantastic. Around five years ago the returns on capital were 27%, but since then they've fallen to 17%. And considering revenue has dropped while employing more capital, we'd be cautious. If this were to continue, you might be looking at a company that is trying to reinvest for growth but is actually losing market share since sales haven't increased. On a separate but related note, it's important to know that GDB Holdings Berhad has a current liabilities to total assets ratio of 47%, which we'd consider pretty high. This effectively means that suppliers (or short-term creditors) are funding a large portion of the business, so just be aware that this can introduce some elements of risk. While it's not necessarily a bad thing, it can be beneficial if this ratio is lower. In summary, we're somewhat concerned by GDB Holdings Berhad's diminishing returns on increasing amounts of capital. Long term shareholders who've owned the stock over the last five years have experienced a 22% depreciation in their investment, so it appears the market might not like these trends either. Unless there is a shift to a more positive trajectory in these metrics, we would look elsewhere. If you'd like to know more about GDB Holdings Berhad, we've spotted 4 warning signs, and 2 of them can't be ignored. While GDB Holdings Berhad isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
16-02-2025
- Business
- Yahoo
Guide Dogs for the Blind's Oregon campus will break ground on $28 million expansion
PORTLAND, Ore. () — For the first time since its debut 30 years ago, Guide Dogs for the Blind's Oregon campus will see a major expansion. The world-renowned guide dog school reported last week that it will build a 30,000-square-foot 'client residence and community hub' at its facility in Boring starting this summer. According to the announcement, this move will allow the nonprofit to double its capacity to serve local clients. Lawsuit alleges Oregon ballot measure for cannabis industry unions is unconstitutional GDB currently has two locations in the U.S. It moved to its current California facility in San Rafael in 1947. The organization opened its 28-acre Oregon campus decades later in the Fall of 1995, after an increase in demand for its services. The upcoming addition to the campus is described as the 'first of its kind in North America.' The new complex will be an indoor-outdoor structure with private suites for clients, an information center, sensory gardens, more dog training areas and events spaces. 'This state-of-the-art expansion will not only help us substantially expand our capacity to train and support more clients each year, but it will also create a vibrant, centralized space where individuals can connect, collaborate, and build lasting relationships,' GDB President and CEO Christine Benninger said in a statement. 'And we are thrilled to be launching our public campaign to support it, which allows our donors to play a pivotal role in bringing this cutting-edge project to life.' 10 consecutive seasons of measurable snowfall in Portland California-based architecture firm Studio Miers |Chou |Poon is behind the project. The school noted Chris Downey, one member of the design team, will bring an 'inclusive perspective' as he is blind himself. GDP also reported that its clients joined focus groups to help plan the expansion, which will . The organization's Building Brighter Futures campaign aims to fund the project. The fundraiser has garnered $15 million thus far. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
11-02-2025
- Business
- Yahoo
Guide Dogs for the Blind Expands Oregon Campus With New State-of-the-art Client Residence and Community Hub
New Complex Will Be a Model for Inclusive Design in North America BORING, Ore., February 11, 2025--(BUSINESS WIRE)--Guide Dogs for the Blind (GDB) plans to break ground this summer on a new, state-of-the art 30,000-square-foot client residence and community hub at its campus in Boring, Ore. The project will more than double GDB's capacity to serve clients in Oregon, with an inclusive complex that brings together GDB clients, staff, puppy raisers, and other volunteers in one unified space. When completed, it will be the first of its kind in North America. The inclusive indoor/outdoor structure will contain new client residence quarters with private suites, a community hub with a café and information center, and an expansive outdoor green space with sensory gardens, and dedicated spaces for dog training and special events. The new complex will be the first expansion of GDB's beautiful, 28-acre Oregon campus since it opened in 1995. To support the ambitious $28 million project, GDB has launched Building Brighter Futures, a public campaign that allows donors to contribute directly to the funding of the complex. GDB has already raised $15 million of the required funding. There will be naming and recognition opportunities for contributors at different levels. "This state-of-the art expansion will not only help us substantially expand our capacity to train and support more clients each year, but it will also create a vibrant, centralized space where individuals can connect, collaborate, and build lasting relationships," said Christine Benninger, president and CEO of Guide Dogs for the Blind. "And we are thrilled to be launching our public campaign to support it, which allows our donors to play a pivotal role in bringing this cutting-edge project to life." The project is led by renowned architecture firm Studio Miers |Chou |Poon, which specializes in this area of focus. Notably, the architectural team includes architect Chris Downey, who is blind, providing a unique and inclusive perspective. Additionally, GDB's clients actively participated in focus groups throughout the planning process for the new complex, making it a truly client-driven endeavor informed by the experiences and needs of actual guide dog users and people who are blind or visually impaired. All details and decisions about the structure were made to help empower GDB clients to live more independently, and to equip them with the skills, confidence, and mobility to navigate the world with greater self-assurance. For more information about the project or to contribute to the Building Brighter Futures campaign, please visit About Guide Dogs for the Blind Headquartered in San Rafael, Calif., Guide Dogs for the Blind (GDB) is the largest guide dog school in North America. It is a passionate community that prepares highly-qualified guide dogs to empower individuals who are blind or visually impaired to move through the world more safely and confidently. More than 16,000 guide teams have graduated from GDB since it was founded in 1942. Over the course of more than 80 years, GDB's mission has expanded to three kinds of programs: a Guide Dog Mobility Program, an Orientation and Mobility (O&M) Program, and a K9 Buddy Program. GDB not only improves mobility for its clients, but it also furthers inclusion and advocates for policy reforms that change how the world views blindness and disability. GDB plans to break ground in the summer of 2025 on a new state-of-the-art client residence and community hub that will more than double its capacity to serve clients at its campus in Boring, Ore. GDB's services are provided free of charge, and it receives no government funding. The organization was the subject of an award-winning documentary feature called Pick of the Litter, which is available on various streaming platforms. For more information, visit or call 800.295.4050. View source version on Contacts Barbara Zamostbarbara@ (415) 987-2810 Sign in to access your portfolio
