Saturday, May 25, 2024
28 C
Brunei Town

Price ceiling set on eight food items

The Department of Economic Planning and Statistics (DEPS) of the Ministry of Finance and Economy (MoFE) and the Department of Agriculture and Agrifood of the Ministry of Primary Resources and Tourism (MPRT) has set a two-month ceiling price on eight food items in view of Ramadhan and Syawal.

The revised maximum prices of these selected food items will come into effect from 01 Ramadhan until 30 Syawal 1443 Hijrah.

This is to control the pricing of high-demand food items used as main ingredients during the festive season. The move hopes to assist the public in their daily expenses, particularly for the festivities, and is part of government efforts to mitigate the current increase in food prices.

More details on Monday’s Borneo Bulletin