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NEWS

Additional Economi Relief Package Rolls Out Tomorrow

​​March 31, 2020

The Ministry of Finance and Economy (MoFE) on behalf of the Autoriti Monetari Brunei Darussalam (AMBD) and Brunei Association of Banks (BAB) yesterday announced additional steps to the interim measures taken by the Brunei Government in aiding various micro, small and medium enterprises (MSMEs) and individuals affected by the COVID-19 pandemic.

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Brunei Sets Three Objectives Amid COVID-19 Outbreak

March 29, 2020​

His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam consented to the implementation of a number of additional steps that prioritise three objectives.

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COVID-19 Relief Fund collects over BND1M

March 27, 2020​

The COVID-19 Relief Fund has collected a total of BND1,003,947.69, as of 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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