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NEWS

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Highest compliance rate recorded for the Price Control Act in April 2019

​The Department of Economic Planning and Development’s (JPKE) continuous advocacy and enforcement efforts has resulted in consistent increases in the compliance rate on the Price Control Act by retailers.

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Consumer Price Index (CPI) Fell by 0.05 per cent Year-on-year in March 2019

​The Consumer Price Index (CPI) in March 2019 decreased by 0.05 per cent year-on-year compared to March 2018. Prices of Food and Non-Alcoholic Beverages decreased by 0.5 per cent. Meanwhile, Non-Food prices increased by 0.1 per cent.

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MoFE holds Tedarus Al-Quran ceremony

THE Ministry of Finance and Economy (MoFE) and departments under it held a Tedarus Al-Quran ceremony at Pengiran Muda ‘Abdul Malik Mosque in Kampong Tungku, Gadong yesterday.

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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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