'MoFE' Stories - The Scoop

MoFE tables $929 million budget allocation The finance ministry has set aside $20 million for the purchase of COVID-19 vaccines

March 19, 2021

BANDAR SERI BEGAWAN – The Ministry of Finance and Economy (MoFE) has proposed a budget of $929.35 million for the 2021/2022 fiscal year,…

MoFE requires foreign-registered vehicles to apply for temporary import permit The new requirement is part of the government's entry and exit regulations amid the pandemic

January 2, 2021

BANDAR SERI BEGAWAN – All foreign-registered vehicles without valid Exit Entry System (EES) passes must apply for the temporary import permit from January…

HM: Are TAP savings enough for retirees to get by? The sultan wants TAP to study the effectiveness of its investments to help pensioners lead a comfortable life

December 29, 2020

BANDAR SERI BEGAWAN – His Majesty Sultan Hj Hassanal Bolkiah has called on the Ministry of Finance and Economy (MoFE) to study the…

Entry-exit fees come into force at land border, but lowered rates will be given to frequent commuters New regulations also require foreign-registered vehicles to obtain vehicle pass stickers before entering Brunei

October 1, 2020

BANDAR SERI BEGAWAN – Bruneian and Malaysian land border travellers can apply for a frequent commuters pass that allows them to pay discounted…

Exit, entry fees on land borders to go ahead October 1 Brunei hopes to iron out issues with Malaysian neighbours before new regulations come into force

September 4, 2020

BANDAR SERI BEGAWAN – The Ministry of Finance and Economy (MoFE) on Thursday said that the proposed fees for land border crossings will…

Gov’t postpones enforcement of entry and exit fees to October The new rules were initially set to be implemented at land checkpoints on August 1

July 30, 2020

BANDAR SERI BEGAWAN – The government has pushed back the enforcement of entry and exit fees for land border crossings to October 1,…

No plans to reopen Brunei borders in August A senior government official says travel restrictions remain as the country prepares to enforce new entry and exit fee regulations

July 18, 2020

BANDAR SERI BEGAWAN – Brunei will not reopen its borders to non-essential travellers on August 1 when the new entry and exit fee…

Brunei to impose $3 entry and exit fees on land border travellers The new entry and exit fee regulations will come into force on August 1 but borders remain closed to non-essential travel

July 9, 2020

BANDAR SERI BEGAWAN – Brunei citizens and foreign nationals will be imposed $3 entry and exit fees at land border checkpoints in new…

Brunei stock exchange a work in progress Listing and trading rules are being drafted as part of preparations to open the new bourse

March 14, 2020

BANDAR SERI BEGAWAN – Preparations are under way to establish Brunei’s stock exchange, including identifying companies that are ready to be listed, the…

Gov’t plans to improve TAP, SCP pension investments The Ministry of Finance and Economy receives 4.8% budget boost to fund development projects, including establishment of stock exchange

March 13, 2020

BANDAR SERI BEGAWAN – The Ministry of Finance and Economy (MoFE) is conducting a study on raising the dividends of Employees Trust Fund…

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