23.2 C
Brunei
Wednesday, October 5, 2022
23.2 C
Brunei
Wednesday, October 5, 2022
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    Inspection ensures ethical business practices

    Azlan Othman

    An integrated inspection at the Jerudong Market, Pasar Tani Selayun and business premises along the Jerudong area yesterday detected a business premises was selling goods above the maximum price set, while six market stalls had not registered their weighing instruments.

    The inspection was carried out by the Department of Economic Planning and Statistics (DPES) through the Department of Consumer Affairs, together with the Weights and Measures Unit (SDT), Industry and Business Ecosystem Division under the Ministry of Finance and Economy (MoFE).

    The inspection is in line with the enforcement of Chapter 142 of the Price Control Act and its regulations, as well as Chapter 151 of the Weights and Measures Act 1983, to promote an ethical business climate.

    The DPES issued a BND500 fine on the company for selling over the maximum price set for cooking oil products.

    Meanwhile, the SDT Unit issued six seizure notices to weighing equipment owners at Jerudong Market and Pasar Tani Selayun for not complying with Chapter 151 of the Weights and Measures Act 1983. Additionally, stall operators were instructed to always display price tags of goods sold.

    Officials conducting the inspection. photo: DPES

    The scope of enforcement of the Price Control Act, Chapter 142 and the regulations under it includes the inspection of price tags to ensure they are clearly displayed and do not confuse consumers, as well as to ensure retailers keep with the maximum pricing set on selected items.

    Chapter 151 of the Weights and Measures Act 1983 requires weighing and measuring instruments used for business purposes to be registered and certified by inspection officers appointed under the relevant act.

    Retailers are reminded to comply with existing laws and to engage in ethical business practises to create a resilient and competitive business climate which can further contribute to sustainable consumption and stimulate the country’s economic activities.

    Retailers at the market shared that uncertain weather conditions and the hike in the cost of crop inputs (such as fertiliser) contribute to the increase in selling prices. Meanwhile, a consumer suggested comparing prices between several stores before making purchase.

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