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Logistics crucial in regional economic integration

The logistics sector plays a pivotal role for ASEAN integration into regional and global value chains which accounts for about five per cent of gross domestic product (GDP) in the region, said Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah at the ASEAN Economic Ministers (AEM) meeting yesterday.

Launch of reports on ASEAN's logistics industry to drive growth and regional economic integration

​ASEAN and the OECD launched the OECD Competition Assessment Reviews: Logistics Sector in ASEAN and the OECD Competitive Neutrality Reviews: Small-Package Delivery Services in ASEAN reports at the ASEAN Economic Ministers Meeting today.

ASEAN Competition Conference to be held in 2021

JAKARTA, 24 June 2021 - The 9th ASEAN Competition Conference (ACC) will be held from 1-2 December in Hanoi, Viet Nam with the theme “Safeguarding competition - A post pandemic response of ASEAN competition authorities.”

Competition Law dialogue with Wet Market Vendors

A fair competitive market will provide businesses, regardless of scale, with more opportunities to grow. Awareness and compliance of the Competition Order by businesses are instrumental in achieving a fair market which can benefit businesses in the long run and enhance consumer welfare. This was highlighted by the Executive Secretariat of the Competition Commission Brunei Darussalam (CCBD) in a recent dialogue with vendors from the wet market.

Price control is not a long-term solution

There may be benefits to price control in times of crisis, but it cannot be imposed forever, said Minister at the Prime Minister’s Office and Minister of Finance and Economy II Yang Berhormat Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah, during the 17th Legislative Council (LegCo) session yesterday.
CCBD commends RCED for the initiative to learn about Competition Order

Parallel import is not an infringement of the Competition Order. The objective of the Competition Order is to encourage more players to enter the market, as competition among players encourages innovative business ideas and more choices of goods at more competitive pricing, which in turn benefits consumers.
Pro-Competition Reforms in Brunei Darussalam’s Logistics Sector can Help Economic Diversification

Pro-competition laws and regulations can contribute to an efficient functioning of logistics sector in Brunei Darussalam in supporting the country's efforts to diversify the economy towards a sustainable economic growth in the long-run.
OECD Commended on Remarkable Progress Made by the CCBD

The Competition Commission Brunei Darussalam’s (CCBD) efforts and progress in implementing Brunei’s Competition Order was applauded by the Organisation for Economic Cooperation and Development (OECD) during a virtual workshop entitled “Competition Workshop for Younger Competition Agencies – First Steps” held last month.
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