Category: Government


prepaid
The Municipal Department announced yesterday that they would be replacing the current parking ticket system with a new one that promises efficiency and a reduction in the number of unpaid tickets.

Speaking at a press con-ference at its Jalan Kebangsaan headquarters yesterday, the Chairman of the Municipal Board said that the new system would be effective starting April 1.

“We are upgrading the system that will be similar to systems used in other countries,” Pg Hj Mohd Ali Pg Hj Othman said yesterday.

He said the old ‘MCP’ ticketing system would be replaced by the new one that would effectively reduce the number of issues and problems associated with the old pay-as-you-park method. The new system would also save time.

The new prepaid tickets will come in four ‘scratch-as-you-park’ varieties denoted by its colour, resembling ‘scratch-and-win’ lottery tickets.

Available to the public come April will be: 30cent tickets, 50cent tickets, 60cent tickets, and $1 tickets, each to be used in different situations. The new tickets will be on sale from March 26.

The prepaid tickets will have to be purchased beforehand, and will be made available at most of the parking pondoks around the country.

You will have to purchase the prepaid tickets according to your parking needs before attempting to park in the zones listed by the Municipal Board.

The prepaid tickets must also be displayed clearly so parking attendants can see it.

With the old system, parking attendants would have to place tickets worth 50c on each car parking for a specified period of time.

If one exceeded the time period given, the attendants would place another ticket worth the same amount on the car. The process would repeat itself depending on how long you park there. It doesn’t stop there. You would then have to look for the parking attendant to pay for the tickets, and in some situations, can be cumbersome.

The new system would effectively eliminate this arduously trivial task, and still provide jobs for the parking attendants who now have the task of ensuring that all cars have the prepaid tickets displayed beneath their windshields.

Monthly prepaid tickets will also be available for purchase varying from $80 to $100.

“Altogether, this new system will increase efficiency, reduce time wastage, as well as reduce the number of issues that came with the old system,” the chairman told reporters. Courtesy Of Sunday Buletin

By Narissa Noor

Bandar Seri Begawan – Against the backdrop of global economic uncertainty, Brunei Darussalam is preparing to face a multitude of challenges in 2009, one of which is increasing GDP to help finance the annual budget and ultimately reduce the country’s dependency on oil and gas.
Despite these challenges, the Department of Economic Planning and Development is optimistic and has already predicted Brunei’s 2009 national GDP growth to fall between 1.2 per cent and 3.1 per cent, a considerable upturn from the negative growth between —1 per cent and —3 per cent reported last year.

During the convening of the fifth session of the Legislative Council, yesterday, the Minister of Finance II, Pehin Orang Kaya Laila Setia Dato Seri Setia Hj Awg Abdul Rahman Hj Ibrahim, stood before the council and outlined the annual budget for the fiscal year of 2009/2010 which amounted to B$4,985,785,600.

In detailing the objectives, strategies and the focus of the budget, the minister referred to the progress seen in 2008 which has much contributed to the country’s economic growth.

A few of these advancements were the emergence of two new universities as well as the introduction of SPN 21 or the 21st Century Education System.

“The implementation of SPN 21 hopes to empower the people with the knowledge and the skills to compete and succeed in every arena,” explained the minister.

He also cited the many major projects that have been implemented such as the development projects associated with the Sungai Liang Industrial Park and those under the National Development Programme.

Other developments that the minister cited included the government’s added incentives for SMEs and a reduction of corporate income tax from 30 per cent to 25.5 per cent.

“Under the Enterprise Facilitation Scheme, the maximum credit amount given to SMEs has been increased from $1.5 million to 5 million and is repayable in 10 instead of seven years,” he elaborated.

Meanwhile, the Micro-credit Scheme has also increased to $50,000 from the minimum $30,000 and repayment, too, has been extended to four years. “In line with regional and global development in the face of the financial crisis, our government has issued guarantees on deposits made in local banks until December 31, 2010 to protect them from the crisis,” he further stated. — Courtesy of Borneo Bulletin