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Many small hawkers uplorry

ChinaCommunistSG

Alfrescian
Loyal
The main reason is inflation but they cannot simply up the price because government will go after them and asking them many questions.

Therefore those older hawkers just simply close shops.

Tekan by both inflation and government officers who keep interrogating them about price increase

Tak boleh Tahan
 

ChinaCommunistSG

Alfrescian
Loyal
They said this in Chinese:
东西上。
不上价我会死
上价政府天天来问我,问到我头大大
我们年纪也不小
算了。不做了
 

laksaboy

Alfrescian (Inf)
Asset
That's the whole idea. Now the cronies and their franchises can swoop in to fill the void.

After a while the antics of those soulless technocrat ghouls become quite predictable.
 

JohnTan

Alfrescian (InfP)
Generous Asset
I was able to up my food catering prices this year by 20% to offset the 1% increase in GST.
 

JohnTan

Alfrescian (InfP)
Generous Asset
good for you, is is what Capitalism is all about right?

Yes it is. If my customers don't like my new prices, they are free to look for other food caterers. That's how capitalism works. Oppies often mistake capitalism for monopoly.
 

PornSTAR

Alfrescian (Inf)
Asset
Yes it is. If my customers don't like my new prices, they are free to look for other food caterers. That's how capitalism works. Oppies often mistake capitalism for monopoly.
Oppies are looking for just, fair. . . To be frank, nothing is fair!
 

JohnTan

Alfrescian (InfP)
Generous Asset
Oppies are looking for just, fair. . . To be frank, nothing is fair!

Capitalism is fair because it manages supply and demand better than other models like communism, cartels and monopoly.

If oppies think that their favourite economic rice hawker is overcharging them, feel free to take their business elsewhere. Enough customers boycotting will force the profiteer to reduce prices.
 

PornSTAR

Alfrescian (Inf)
Asset
Capitalism is fair because it manages supply and demand better than other models like communism, cartels and monopoly.

If oppies think that their favourite economic rice hawker is overcharging them, feel free to take their business elsewhere. Enough customers boycotting will force the profiteer to reduce prices.
I strongly believe both of us do agreed and support Adam Smith economic theory. Cheers!
 

A Singaporean

Alfrescian
Loyal
Oppies are looking for just, fair. . . To be frank, nothing is fair!
Any businessman can tell you that the aim of any business is to maximise profit by providing quality products or services at a cost which is perceived to have value for money. Low class Sinkies think that to get their business, it was be done at a loss. I say fuck them. They can go around hawker centres for the cheapest food for all I care.
 

blackmondy

Alfrescian (Inf)
Asset
The main reason is inflation but they cannot simply up the price because government will go after them and asking them many questions.

Therefore those older hawkers just simply close shops.

Tekan by both inflation and government officers who keep interrogating them about price increase

Tak boleh Tahan
Mei mei you still cannot see the big picture meh ? Piss And Poop is indirectly forcing these old hawkers to quit so that they can rent out these stalls to new young hawkers at higher prices !
 

JohnTan

Alfrescian (InfP)
Generous Asset
It's always the little guys that get screwed. It's such a cruel world.

Sinkies aren't getting screwed. Most sinkies spend only a small fraction of their total income on food every month. And nearly all sinkies I know eat meat at least two meals daily. A hundred years ago, most of their ancestors were vegetarians because meat was too expensive for daily consumption.
 

glockman

Old Fart
Asset
Sinkies aren't getting screwed. Most sinkies spend only a small fraction of their total income on food every month. And nearly all sinkies I know eat meat at least two meals daily. A hundred years ago, most of their ancestors were vegetarians because meat was too expensive for daily consumption.
Was referring to small businesses like hawkers getting screwed, in relation to the initial post by TS. Still, I appreciate you letting me know about consumption habits 100 years ago.:biggrin:
 

k1976

Alfrescian
Loyal
E-commerce firm Lazada laid off some staff from its Singapore office on Jan 3, The Edge Singapore understands.

Junior and senior employees from multiple departments, including the commercial and marketing teams, were affected.

The Edge Singapore understands employees received calendar invites for individual meetings with the human resources department on Jan 3 at the end of the Jan 2 work day.

While it is unclear how many employees have been laid off so far, the retrenchment exercise could last until Jan 5. One affected employee, who asked to remain anonymous, tells The Edge Singapore that meeting rooms have been reserved by HR for the remainder of the week.

Last August, former chief executive officer of Lazada Singapore Loh Wee Lee left the company. In an email statement to The Edge Singapore on Jan 3, Loh says he had decided to move on to new opportunities outside of Lazada.

Loh has since relocated to Hong Kong and is now group chief digital officer at DFI Retail Group, part of the Jardine Matheson conglomerate.

https://www.google.com/amp/s/www.th...-unit-lazada-marks-new-year-layoffs-singapore
 
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