Sunday, June 16, 2024
32 C
Brunei Town

Call for extension of contracts for foreign investors

I would like to appeal to the authorities to consider extending contracts of foreign investors, who are investing BND20-30 million in the country, beyond the two-year period.

These investors should not be in the same category as ordinary foreign workers as they are pumping money into projects that benefit the local economy.

With businesses dwindling during these hard times, taxation should be reduced, especially building tax. However, building owners are still receiving letters from agencies asking them to pay their dues.

Unhappy Investor