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Borneo Bulletin

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Did you know that during a recent Legislative Council session in Brunei, a proposal to revise the Companies Act and allow foreign directors was shot down? It’s like a game of legislative dodgeball where the current laws are the defenders, ensuring safety and preventing any foul play in business appointments!

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Thinking.. 🤔

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Borneo Bulletin Article

Published on 8th March 2023

During a session of Brunei's Legislative Council, a proposal to revise the Companies Act and allow foreign directors was rejected. LegCo member Yang Berhormat Pengiran Haji Isa bin Pengiran Haji Aliuddin argued for loosening restrictions, but Ministers highlighted the importance of current laws in ensuring safety and s...

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