[GLGT] 'Crazy prices': Consumers irked by businesses raising prices ahead of GST hike

[BMWguy]

i knew it. 1% increase in GST will leader to 10% in prices of many items..

Becos along the way, each supplier jerk up the prices and then so if the item goes thru 5 distribution chain it means start with 1% increase becomes 1% x 5 = 5% increase when it reaches the final producer then producer charge 5% on top of that becomes 10%

 

[YinPinG88]

Let us all consolidate all this unhappiness and blame it on PAP if their gahmen cannot fix these profiteering problems.

Then again, never underestimate the kumgongness of the 70% sinkie.

Bro don't waste your time putting in so much effort. The ground is sweet, majority r happily living a comfortable life

 

[boyinhersense]

https://www.asiaone.com/singapore/c...rked-businesses-raising-prices-ahead-gst-hike

Many netizens expressed dissatisfaction at the new price tags on their meals, describing it as being "super expensive".

"Common food, atas prices," one user on Hardware Zone said, addressing Toast Box's menu.

Bewildered, another user agreed: "These are crazy prices."

Some also feared these price changes are merely the start - once the new GST rate kicks in, they speculate that prices would rise even further.

Responding to queries from Shin Min, an Old Chang Kee spokesperson explained that majority of their price adjustments were about 10 cents.

"While our product prices do include GST, the main reason for our recent price changes is that Singapore is facing economic challenges that have impacted the operating expenses of many businesses including Old Chang Kee," the spokesperson said.

These expenses comprise of supply costs, rent, labour and other aspects of their business.

Remember, we are only irked.

 

[AuraKUPO]

TBH, those who complained after the 10cent increase, don't think their lives before are everyday big fish big meat. A 10cents increase won't make you turn from doing ok to super poor.

 

[Atrina_Boy]

worst yet to come

 

[charliebrown]

dun cow pay lah..
u buy other people must sell u chip chip.
when u sell tat time dun see u sell chip also.

 

[thekh21]

Same yk in tangs.Their toast like chui chui and to 3dollars.Outsiders see thought customers begging them for food as their staffs cmi ,only bother chatted laugh loudly among themselves.

 

[Travis_Touchdown]

the next 1% gst notch even here yet... more hikes to come!!!!

 

[crunsik]

Giv chicken wing soon

 

[Mzeria]

someone famous once said what's wrong with collecting more money?
Guy who's in charge now learnt from him what

 

[fascist]

https://www.asiaone.com/singapore/c...rked-businesses-raising-prices-ahead-gst-hike

Many netizens expressed dissatisfaction at the new price tags on their meals, describing it as being "super expensive".

"Common food, atas prices," one user on Hardware Zone said, addressing Toast Box's menu.

Bewildered, another user agreed: "These are crazy prices."

Some also feared these price changes are merely the start - once the new GST rate kicks in, they speculate that prices would rise even further.

Responding to queries from Shin Min, an Old Chang Kee spokesperson explained that majority of their price adjustments were about 10 cents.

"While our product prices do include GST, the main reason for our recent price changes is that Singapore is facing economic challenges that have impacted the operating expenses of many businesses including Old Chang Kee," the spokesperson said.

These expenses comprise of supply costs, rent, labour and other aspects of their business.

Huh wait a minute..

“Economic challenges” were cited which should affect overall demand.. shouldn’t prices fall instead?

 

[dambio]

@dambio

Post in thread '[HUAT AH] Toast Box new prices' https://forums.hardwarezone.com.sg/threads/huat-ah-toast-box-new-prices.6984367/post-150679746


CheerS!!!

D report nv put my username. Wanbao cannot notice me

 

[fascist]

i tot garment say cannot increase price and say its gst when gst haben up?
the money collected due to the price increase "cus of gst" right now before gst has increased go to who?

They also said will monitor and warn businesses against profiteering.

but what has been done on that front? Nothing.

 

[fire]

Complaining is just wind to their ears... Want change then what else is better than to just boycott these establishments

 

[MynameisS]

https://www.asiaone.com/singapore/c...rked-businesses-raising-prices-ahead-gst-hike

Many netizens expressed dissatisfaction at the new price tags on their meals, describing it as being "super expensive".

"Common food, atas prices," one user on Hardware Zone said, addressing Toast Box's menu.

Bewildered, another user agreed: "These are crazy prices."

Some also feared these price changes are merely the start - once the new GST rate kicks in, they speculate that prices would rise even further.

Responding to queries from Shin Min, an Old Chang Kee spokesperson explained that majority of their price adjustments were about 10 cents.

"While our product prices do include GST, the main reason for our recent price changes is that Singapore is facing economic challenges that have impacted the operating expenses of many businesses including Old Chang Kee," the spokesperson said.

These expenses comprise of supply costs, rent, labour and other aspects of their business.

I think there was some council monitoring for this behavior ? Still "monitoring" and doing nothing as usual?

 

[kitsura]

GST boucher n cdc boucher spent till song song

must vote for pap

Once that happens all caipng will increase to $500 per plate.

 

[dambio]

They also said will monitor and warn businesses against profiteering.

but what has been done on that front? Nothing.

Now is just slogans, downplaying situations, creating a feel good pseudo atmosphere n paying lip service to things Nia la

 

[Suporter]

Seriously, they should stop patronising those biz if they feel its too ex. Really no alternatives meh? Kpkb but still go.

 

[trax06]

Once that happens all caipng will increase to $500 per plate.

Wao hyperinflation like Zimbabwe.