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NOVEMBER 04, 2021
SINGAPORE - Food is expected to become more expensive in Singapore in the coming months as energy prices increase amid higher prices for global food commodities, supply chain bottlenecks and labour shortages, said Trade and Industry Minister Gan Kim Yong.
In a written reply to a parliamentary question from Shawn Huang (Jurong GRC) on Wednesday (Nov 3), Gan said that with energy prices expected to rise further, food suppliers may need to adjust prices to reflect the cost increases.
The minister noted that the cost of food is affected by a combination of factors, including imported prices, freight, labour, and seasonal weather changes.
Domestic food prices have risen in the past six months, and the prices of goods and services in general are expected to be pushed up by global inflationary pressures.
Singapore imports natural gas to generate electricity and also imports most of its food, so higher prices of these commodities globally will translate to higher prices domestically.
https://www.asiaone.com/singapore/food-p...n-kim-yong
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The minister noted that the cost of food is affected by a combination of factors, including imported prices, freight, labour, and seasonal weather changes.
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SMJL is "imported prices"? Mr Khaw not taking the umbrella to rage the internet?
But the increase in cost is largely due to FWs LEVY and the Progressive Wage Model, lah.
Why do we need 5 Mayors and 80 PAP Ministers?
(This post was last modified: 04-11-2021, 02:48 PM by
Ola.)
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• babygirl
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(04-11-2021, 02:48 PM)Ola Wrote: The minister noted that the cost of food is affected by a combination of factors, including imported prices, freight, labour, and seasonal weather changes.
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SMJL is "imported prices"? Mr Khaw not taking the umbrella to rage the internet?
But the increase in cost is largely due to FWs LEVY and the Progressive Wage Model, lah.
There are many things that is going up, public transports by bus and MRT, electricity charges, water charges, and many other commodities, only wages are stagnated or sometimes reduced .......
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ask all FT and PR to get out during this times then food cost will come down. this is Ridiculous. why we must paid for this huge population for added cost
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(04-11-2021, 03:14 PM)jus4lucky Wrote: ask all FT and PR to get out during this times then food cost will come down. this is Ridiculous. why we must paid for this huge population for added cost
The MIW wants the population to be 6.9 million, consists of locals, PRs and FTs, so that more jobs could be created, but we don's see this happening
cos the FTs rob jobs meant for PMETs here.......
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why when oil price was at record low at $30, the food price never go down ?
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(04-11-2021, 04:10 PM)forum456 Wrote: why when oil price was at record low at $30, the food price never go down ?
Food price is not under our govt. control
Print money is.
Can also due to supplier and logistic.
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(04-11-2021, 04:13 PM)watchfirst9 Wrote: Food price is not under our govt. control
Print money is.
Can also due to supplier and logistic.
PAP govt is rich enough to subsidise the food prices.
Many rich govts subsidise the staple food prices for their citizens when prices go up
(This post was last modified: 04-11-2021, 04:23 PM by
forum456.)
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(04-11-2021, 04:22 PM)forum456 Wrote: PAP govt is rich enough to subsidise the food prices.
Many rich govts subsidise the staple food prices for their citizens when prices go up
I wouldn't see this happening in Singapore....
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(04-11-2021, 03:23 PM)debono Wrote: The MIW wants the population to be 6.9 million, consists of locals, PRs and FTs, so that more jobs could be created, but we don's see this happening cos the FTs rob jobs meant for PMETs here.......
GOOD
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lol he comment also DON'T affect him because he earn a lot lor
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When minister open their big mouth to say food prices going up, hawkers will straight away jump on the band wagon and raise prices.
He should be thinking of how to control inflation and keep prices from going up.
Useless of him to give warning of increasing prices.
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arr this is Joe inflationary forcings.
POKKAI no getting from US republic.
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(04-11-2021, 07:36 PM)Instinct Wrote: When minister open their big mouth to say food prices going up, hawkers will straight away jump on the band wagon and raise prices.
He should be thinking of how to control inflation and keep prices from going up.
Useless of him to give warning of increasing prices.
dont need million $ to say the obvious.
he is entrusted million $ salary to help to cushion inflation not to tell us something my uneducated grandma also know
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Joe pushing for asset inflation also don't know
mony no get from US cowboys and cowgirls
issue Green Bonds
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As a ministar earning big bucks, he should be thinking of how to bring down food prices.
Like that anybody can do his job without putting in any effort
8
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(04-11-2021, 09:54 PM)klat Wrote: As a ministar earning big bucks, he should be thinking of how to bring down food prices.
Like that anybody can do his job without putting in any effort
You are right, no point telling us the obvious...but should be brainstorming to control the cost of living.....
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(04-11-2021, 02:59 PM)debono Wrote: There are many things that is going up, public transports by bus and MRT, electricity charges, water charges, and many other commodities, only wages are stagnated or sometimes reduced .......
Too much $ popping to support SG economy, n to fight covid-19 variants.
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(04-11-2021, 10:24 PM)Teeth53 Wrote: Too much $ popping to support SG economy, n to fight covid-19 variants.
It is the garment's duty and responsibility to keep prices of commodities low or stable. When prices go up, like in inflation, garment must think of avenues to curb this inflation.....
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And while your real income is falling, govt will likely ask for a higher increase in gst, your min sum in CPF etc. Started with electricity and bus fare liao...
Ever wonder why you elected to pay them millions while they make you a pauper? You simply deserve the govt you voted for. The fault lies in voters and not any party or member of Parliament or minister...
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(04-11-2021, 04:22 PM)forum456 Wrote: PAP govt is rich enough to subsidise the food prices.
Many rich govts subsidise the staple food prices for their citizens when prices go up
Monoy always not enough for PAP...Pay And Pay.
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(04-11-2021, 10:43 PM)Teeth53 Wrote: Money always not enough for PAP...Pay And Pay.
WP....Why.Pay.
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(04-11-2021, 10:44 PM)Teeth53 Wrote: WP....Why.Pay.
Then....SDP - So.Don.Pay.
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(04-11-2021, 07:36 PM)Instinct Wrote: When minister open their big mouth to say food prices going up, hawkers will straight away jump on the band wagon and raise prices.
He should be thinking of how to control inflation and keep prices from going up.
Useless of him to give warning of increasing prices.
Of course what. Govt increase GST from 5% to 7%, a 2% increase, but your kopi increase 30% by the coffeeshop
Now you know why the PAP will never lose in elections? Because businessmen love PAP
If you are a salaried worker in Singapore, you die your own business
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