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Celebrating Israk Mikraj

THE Ministry of Finance and Economy (MoFE) and its departments held the Israk Mikraj celebration at the surau of the MoFE Building yesterday.

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Al-Quran Reading Competition winners feted

THE Ministry of Finance and Economy (MoFE) held a prize presentation ceremony for the Al-Quran Reading Competition at the Theatre Hall of the MoFE Building at Commonwealth Drive, Jalan Kebangsaan recently.

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BND5.86B budget proposed

THE Ministry of Finance and Economy (MoFE) yesterday announced a proposed government budget of BND5.86 billion for the 2019/2020 fiscal year while forecasting another wave of budget deficit of BND1.5 billion for the new fiscal year, on the back of sluggish gross domestic product (GDP) growth due to falling revenues in the dominant oil and gas sector over the last few years.

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ARTICLES

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Vendor Clinic Remains Open to Address Issue of Late Payments

The Vendor Clinic introduced by the Treasury Department, Ministry of Finance since 25th April 2016 is still operational and open to vendors who wish to find out about the payment process or making inquiries and complaints about delayed payments for the supply and service provision to the Government.

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Ministry Of Finance Income Tax Board of Review

In February 2017, the Income Tax Board of Review (ITBOR) was established under the Income Tax Act, Chapter 35. The ITBOR has been formed specifically to serve the interest of Companies that are subjected to corporate tax under the Companies Act with the aim to facilitate the administration and operation of taxation in Brunei Darussalam.

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World Class Refinery and Integrated Petrochemical Complex at PMB Begins to Take Shape

BRUNEI Darussalam's conducive and pro-business environment continue to become one of the main factors that attracts foreign investors to consider setting up base in the country.

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