BANDAR SERI BEGAWAN (Borneo Bulletin/Asia News Network): The Department of Economic Planning and Statistics (DEPS) at the Ministry of Finance and Economy (MoFE) issued compound fines to five retail stores for violating the Price Control Act and related offences.
One company was fined BND700 for selling items exceeding the maximum price stipulated under Chapter 142 of the Price Control Act.
Another company was also ordered to settle a BND700 fine for not displaying prices for some items sold at their premises.
Meanwhile, three other companies were each fined BND500 for displaying misleading prices on items which do not commensurate with prices stipulated in the payment counter system.
Businesses are advised to comply with Chapter 142 of the Price Control Act and ensure fair and ethical practices to help develop a sustainable business environment.
Businesses are also urged to use the PenggunaBijak app to obtain details on Chapter 142 of the Price Control Act and file official complaints regarding unfair business practices by attaching supporting documents such as payment receipts and photos as evidence.
DEPS can be reached via Darussalam Line 123 or email aduanpengguna@jpes.gov.bn.
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