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Brunei: Tax break for commercial buildings

A tax break has been granted to taxpayers of commercial buildings under the Municipal Boards, with consent from 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. The announcement was made by Minister of Home Affairs Pehin Orang Kaya […]

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Brunei: New rules for cross-border goods delivery

Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah yesterday announced that updates have been made to the guidelines for cross-border travel for transport operators and runners. “With the consent of His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni […]

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Brunei: BND1.5 billion total trade recorded in February

Brunei Darussalam’s total trade in February 2020 was valued at BND1,510.7 million, an increase by 45.4 per cent from BND1,038.9 million during the same month last year. Meanwhile, for month-to-month changes, total trade for February 2020 decreased by 16.3 per cent compared to January 2020. Exports rose by 59.7 per cent year-on-year to BND1,121.2 million […]

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Brunei: Textile companies reeling under COVID-19 impact

Apart from reaping blessings with various religious activities during the holy month of Ramadhan, people usually shop for fabrics to make Baju Kurung or Cara Melayu attires to celebrate the joyous occasion of upcoming Hari Raya Aidilfitri. However, as the country is still facing the COVID-19 crisis and with all restrictions still in place, several […]

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