As part of my stocking up decided to buy canned sardines. These be eaten for breakfast.
I checked NTUC. They sold 4 cans for $6 or $1.50 per can...155g per can
I dropped by value dollar shop I found the same sardine for 80cts so I purchased 20 cans since they are almost 50% cheaper than NTUC.
When I got home, I examined the cans and saw this.
The 555 sardines are canned in Philippines.
I did a further check and found that it retais for 17.25 pesos in Philippines - this is 45cts(Singapore)
In summary
NTUC - $1.50
Value$ - 80cts
In Phillipines - 45cts.(retail price)
When purchased from wholesaler, should be.muxh cheaper than 45cts.
Value$ ships it over and sells at roughly half the price of NTUC and stills makes a profit.
NTUC. "Fair price" is selling us at more than triple the retail price in Philippines.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.