Temporary Closure of Petrol Stations for the Inspection and Verification of Fuel Dispensing Pumps for the Month of August 2025
30 July 2025
Industry and Business Ecosystem Division (IBE) through Weights and Measures Unit (SDT) under the Ministry of Finance and Economy will carry out the verification of accuracy readings on fuel dispensing pumps at various fuel stations in accordance with the Weights and Measures Act 1983 Chapter 151. Whereby, the stipulated guidelines under the Act require all weighing and measuring machines used for trading purposes to be checked for their accuracy and validity, and whether the machines have already been registered with the SDT Unit.
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Joint Operation DEPS and SDT in Tutong District results in two Warning Notice and 1 Compound issued
30 July 2025
A total of three (3) business premises were found to have violated the Price Control Act, Chapter 142 during a recent joint operation in Tutong District conducted by the Department of Economic Planning and Statistics (DEPS) through the Department of Consumer Affairs, in collaboration with the Weights and Measures Unit (SDT), Industry and Business Ecosystem Division (IBE) under the Ministry of Finance and Economy.
Local Companies Fined For Failure to Submit Income Tax Returns
29 July 2025
In the months of April to June 2025, nineteen (19) local companies were ordered to settle fines at the Magistrate’s Court for failing to comply with Section 52(1) of Income Tax Act (Chapter 35), which is failing to submit Income Tax Returns for the relevant Financial Years.
