Call For Monitoring System To Check Prices
By Rosli Abidin Yahya

Bandar Seri Begawan - Local consumers called for the setting up of an effective monitoring system to check against indiscriminate price hikes by traders as the nation continues to see an increase in the prices of imported commodities brought about by a hike in transportation charges.

Consumers said the price hikes are higher for commodities that are imported from faraway places like US as a result of the soaring oil prices.

Consumers said that since the festive seasons are coming, a monitoring system should be put in place to stop traders from increasing the prices of goods, especially at village groceries.

Since it is expected that the world oil prices will continue to soar, actions must be taken to ensure businessmen will not simply increase the prices of goods," they said.

They said because of an increase in the prices of goods, consumers are losing their purchasing power.

"We hope consumers will not purchase expired canned products which are being sold cheaply at village groceries just because they felt they could not afford valid foodstuffs which are sold at higher prices," they said.

The Borneo Bulletin made a random survey at local groceries and saw prices of commodities were up between 10 and 30 percent. Brunei Darussalam imports more than 90 percent of its food items from foreign countries. -- Courtesy of Borneo Bulletin

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