Department of Economic Planning and Statistics

Additionally, it collaborates with global institutions like the International Comparison Program (ICP) for Asia and the Pacific of the Asian Development Bank (ADB) and the ASEAN Community Statistical System (ACSS) Committee.

[12] It covers topics including making false promises, misleading or deceiving customers, and taking advantage of those who are weak to defend their own interests or comprehend the deal.

To stop unfair practices, companies may be urged to sign a Voluntary Compliance Agreement (VCA), which might contain promises to refund expenses or make good on lost profits to customers and be made public by the media.

The 2012 amendment's goals are to restrict appropriate price rises, guarantee fair promotional activities, assist the building sector and general national growth, and regulate the cost of necessities for low-income Bruneians.

[17][18] With effect from 23 November, Sultan Hassanal Bolkiah issued the Price Control Act (Amendment) Order 2021, which updated and strengthened enforcement procedures to better reflect the state of the economy.

Retailers will be penalised for not cooperating with inspections and supplying information; moreover, the list of regulated products will be revised on a regular basis to include government-subsidised items.