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Prices of things have gone up by a lot today. Retailers using GST hike as an excuse to increase prices
- Thread starter Balls2U
- Start date
Drink water lor. For years I carry water bottle everywhere I go and top up at kopitiams, hawker centres and CCs.
If you're into drinking bottles of Coke, you can try buying from them at those bargain stores e.g. ABC. Usually they parallel import them from Indonesia etc.
But daft Sinkies will continue to buy from supermarkets, especially a certain supermarket to whore for Linkpoints.
Can U report the shop to authorities for profiteering?
So, do something about it. The pen is mightier than the sword.
Sinkees will not do anything.They willl accept this blatant profiteering as their fate.
What difference does it make? Nothing will change.
It is a legitimate query, CC the email to all the relevant agencies, associations etc. If nothing else it'll make them sweat a bit and scramble to find justification for the increase. Fuck with them, make their lives a bit difficult. That is, if you have the time lah.
I would, if it bothers me enough. And if I have the time. Like I mentioned in the post above.
good what...............then next year another 1% up..................more people fed up the better
A common misconception over GST is that a 1% increase means just 1% in the price of a product you buy, eg - 1% of 90cts would only mean now the product should cost only 91cts at most. That's a fallacy because Goods & service tax increase of even 1% affects EVERY aspect in the manufacture / production of a product for the consumer:-
A)The manufacturer of the cola can would have to pay an increase for the material & EACH of the supply chain - mineral resource + logistics + wharehousing + labor costs, etc, & eventually it adds up to between 1 to 15% increase in the cost of cola can production.
B)The producer of liquid cola too would face similar increases of 1% in production within its eco-system of supply chains - water, chemicals, logistics, etc. 1 to 15% increases
C) The importer/retailer of cola too would face similar increases - wharehousing, logistics, marketing, etc. 1 to 15%
Thus, by the time the consumer buys the cola, he would face a whopping (A) + (B) + (C) increases = avg 10% X 3 = 30% INCREASE in price of cola. = $1.10 to $1.30cts. And that's just one can of cola consumer product.
EACH day, a consumer buys several products, and by the end of the month, his salary is left with little savings. It is not that biz entities are profiteering, but they are only keeping their usual profits INTACT by PASSING ON all costs to consumers. Eventually too, they would see their savings depleted as they are become a consumer too, & subjected to GST for their personal purchases which are often higher than the average salaryman.
Ultimately, GST is way to obtain revenue for a nation's social expenditure - govt services, security, health, education, public works, etc, or for its expansion when the population increases. Fortunately, Singapore is not a corrupt country. Each dollar obtained is for society's progress. Furthermore, the govt does look out for the welfare of the middle & poor classes by giving rebates in cash & services back to citizens, to cope with such increases.
In the end, the consumer is king, as he/she has a choice - to buy or not to buy products. We Singaporeans live in a Free Market economy, thus open competition will see profiteers suffer as the market can be brutal - only the best & the most innovative whom can give value to consumers will survive.
Go value$ la. Still 50 cents. Not chilled though..
Do you see any foreigner with high paid job complaining?
when you are ruled by people who has the highest political salaries and pension in the world, they will be wondering why peasants complain about such " small" price increases.
the only way to make them wake up and come down from their ivory tower is to vote them out .
the only way to make them wake up and come down from their ivory tower is to vote them out .
Ranesh paid 1.5 fucking millions for his condom
