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Brunei proposes 10 economic priorities as ASEAN Chair

11 January 2021

Brunei Darussalam proposed 10 Priority Economic Deliverables (PEDs) under the ASEAN Economic Community (AEC) Pillar during the ASEAN Senior Economic Officials Meeting (SEOM) Retreat 2021 at the International Convention Centre (ICC) yesterday.

The video conference was chaired by Permanent Secretary (Economy) at the Ministry of Finance and Economy (MoFE) Dr Hajah May Fa’ezah binti Haji Ahmad Ariffin, joined by ASEAN Senior Economic Officials and other representatives of the ASEAN member states.

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Workshop highlights importance of competition law

4th January 2021

The importance of the Competition Workshop for Younger Competition Agencies – First Steps’ virtual workshop in aiding young competition agencies to implement and enforce competition law towards achieving the overall goals of improving economic efficiency and consumer welfare was highlighted by Legislative Council member and Competition Commission Brunei Darussalam’s (CCBD) Chairperson Yang Berhormant Nik Hafimi binti Abdul Haadii recently.

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JPES continues its dialogue session with the Penghulu Mukim and Village Heads in the Temburong District for the preparation of the upcoming Population and Housing Census (BPP) 2021

19th December 2020

The Department of Economic Planning and Statistics (JPES), Ministry of Finance and Economy, in collaboration with the Temburong District Office, Ministry of Home Affairs, held a dialogue session with the Penghulu-Penghulu Mukim and Village Heads in the Temburong District on the 19th of December 2020 as preparation for the upcoming Population and Housing Census (BPP) 2021.

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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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