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27th Asean Economic Ministers Retreat Virtual Meeting

2nd March 2021

The 27th ASEAN Economic Ministers Retreat officially began today, 2nd March 2021, via video conferencing. The Meeting was chaired by Yang Berhormat Dato Seri Setia Dr. Awang Haji Mohd Amin Liew bin Abdullah, Minister at the Prime Minister’s Office and Minister of Finance and Economy II. It was the first meeting for the ASEAN Economic Ministers in 2021 under Brunei Darussalam’s ASEAN Chairmanship. 

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The 39th Meeting Of The High-Level Task Force On Asean Economic Integration

22nd February 2021

Yang Mulia Dr Hajah May Fae’zah binti Haji Ahmad Ariffin, Permanent Secretary (Economy) at the Ministry of Finance and Economy attended the 39th Meeting of the High-Level Task Force on ASEAN Economic Integration (HLTF-EI) via video conference on Monday, 22nd February 2021. The meeting was chaired by Mr. Gabriel Lim, Permanent Secretary, Ministry of Trade and Industry Singapore.

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The RCEP Agreement

21st February 2021

The Regional Comprehensive Economic Partnership, or in short "RCEP", is a free trade agreement (FTA) that was signed during the 37th ASEAN Summit in November 2020 between the 10 ASEAN Member States (AMS) and their five FTA Partners, namely the People's Republic of China, Japan, Republic of Korea, Australia and New Zealand.

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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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