Brunei finance ministry tell traders to uphold business ethics amid temporary plastic tax suspension


Photo from Borneo Bulletin/ANN

BANDAR SERI BEGAWAN (Borneo Bulletin): Brunei's Department of Economic Planning and Statistics (JPES) in the Ministry of Finance and Economy (MoFE) through the Department of Consumer Affairs advised businesses to act ethically and responsibly in response to the temporary remit (suspension) of excise duty rate for plastic’s primary form and other related plastic products announced by MoFE on July 6, 2023.

Businesses are encouraged to explain any price adjustments related to the latest development on the plastic tax in a transparent manner, and to act responsibly by refraining from engaging in unreasonable price increase and stating justifications which are misleading to consumers.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Brunei , Finance MInistry , Plastic Ban

Next In Aseanplus News

Over 400 Indonesians 'released' by Cambodian scam networks: ambassador
Ringgit firmer vs greenback on rising US-EU tensions
FBM KLCI retreats to 1,700 support as profit-taking accelerates
Impeachment bid against Philippine President unlikely to succeed but could still hurt him, say analysts
Fans joke that singer Will Pan can be Jay Chou’s coach after winning tennis trophy
Bullfighters risk bruised bodies, but not pride
Why India has a private investment problem
PIA e-gate full launch in February
Major Vietnam real estate firms delay bond interest payments
Foreign fund inflows rise to 8-month high

Others Also Read