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James Kon While shopping for groceries recently, I overheard a discussion on the hot topic of rising commodity prices in the country between two housewives. One housewife voiced her growing concern of the price increase in food and other commodities, while another suggested that the authorities should directly intervene by putting a cap on the prices of commodities through price control. It is easy to think that price control can solve the issue, but it also has serious long-term implications to not only on the local business environment, but also consumers. The COVID-19 pandemic has not only impacted the health of the world population but the lives of many, especially with an upsurge in the prices of necessities and food caused by shortages from disrupted global supply chain and production.

Temburong districtBrunei generalBrunei darussalamJames konDepartment of competitionDepartment of economic planningConsumer affairsWorld bankEssential food price monitoring reportEconomic planningSultan haji omarAli saifuddien bridgeபுருனே ஜநரல்புருனே தாருஸ்ஸலாம்ஜேம்ஸ் கோன்துறை ஆஃப் போட்டி