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Six businesses fined for price control violations

The Department of Economic Planning and Statistics (JPES) under the Ministry of Finance and Economy has issued six compounds with a total amount of BND3,200.00 to six business premises for offences under the Price Control Act, Chapter 142 and its Regulations throughout June and July this year, according to a press release from the department.

Following consumer complaints and routine inspections of business premises under the enforcement of the Price Control Act, Chapter 142 in June and July 2024, JPES found the following businesses have violated the Act by selling price-controlled items, namely cooking oil and formulated powdered milk above the set maximum price and displaying prices which were inconsistent with the prices in the counter payment system. 

Iburia Sdn Bhd, Kampong Kiarong; Dayang Limah & Anak-anak, Kampong Lambak Kiri; Hezbollah Yusof Mini Mart, Kampong Petani; Salina’s Mart, Kampong Telanai; Syarikat Hazwandi, Kampong Kapok were each issued compounds of BND500 for violating Section 3B on maximum prices and charges for price-controlled items.

(ABOVE & BELOW) JPES officers during the inspection. PHOTOS: JPES

Ya Nur Trading Company Sdn Bhd, Kampong Batu Apoi was issued with a compound of BND700 for violating  Section 5 on price display. 

The month of June and July 2024 also recorded a total of four Warning Notices issued to four business premises for non-display of prices for some of the items found in the business premises and price inconsistency between the prices displayed and the prices in the counter payment system.

Businesses are reminded to carry out their responsiblity in complying with the Price Control Act, Chapter 142 and its Regulations by practicing ethical and fair business conducts, towards enhancing consumer confidence and fostering sustainable business growth in the long run.

Consumers are encouraged to optimise the use of official channels, namely the PenggunaBijak mobile application, hotline Talian Darussalam 123 and email consumercomplaint@jpes.gov.bn to lodge complaints or feedbacks related to the Price Control Act, Chapter 142 with supporting documents such as payment receipts, for further assessment.

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