Commentary on Newspaper Headings..

From the Borneo Bulletin: 40 New Cars Hit Our Roads Daily..

Synopsys: Around 40 cars being sold daily in Brunei.. Brunei's per capita car ownership is said to be one of the highest in the world..

Commentary: The increase in the sales of cars in Brunei might be the easy payment schemes offer by the car dealers to the general public.. This easy payment scheme which includes no deposit and low installment..

In the current situation of hiking in the prices of fuel, it is expected that the sales of cars would fall.. The reason for this, as being mentioned in the article is the increase of transportation cost..

This can be explained by the theory of demand.. Fuel and Cars are complementary product.. Hence, an increase in the price of a commodity will leads to a decrease in the demand for its complement commodity.. In this situation, an increase in the price of fuel leads to a fall in the demand for cars.. Hence the sales of cars is expected to fall as a result of spiraling price of fuel..

It’s time to fully utilised the usage of cars.. Cars is no longer a luxury item.. Nowadays, it’s an essential item in which even in a house we can see 4 cars with only 3 people is legally able to drive the car..

From the Brunei Times: Miri losing its pull with shoppers..

Synopsys: MIRI has always been a popular hot-spot for Bruneians who wish to stock up on food and miscellaneous supplies due to its cheaper products. However, there was a significant decrease in the number of Bruneians visiting the city..

Commentary: It was mentioned in the article that it appears that travel costs and safety fears has deterred many from travelling across the border..

It is fairly true that again due to the increase in the prices of fuel causing the travel cost to increase too.. It happens that the current global food inflation cause the price of food and miscellaneous supplies has increased in price.. Now, it is not worthwhile for the consumer to go across the border for such reason.. The will be on the disadvantage price..

When the consumer still opting to go to the city for shopping, then the general consumer is said to import the inflation too.. This is bad for the country as a whole.. So it is advisable for the Brunei's resident, to just do their shopping within the country itself.. If possible, try to switch to domestic produced products which then can help the local producers.. This is for the better economic condition of Brunei..