[Scythian]

SGD strengthened but why NTUC supermarkets & Hawker food prices did not come down?

Everything should be cheaper today than yesteryears 

Why are they not passing the benefits to consumers: Someone Profiteering

[Scythian]

"CCCS enforces the Competition Act 2004, and has broad legal powers to investigate and penalize infringing parties. It also enforces the Consumer Protection (Fair Trading) Act, which protects consumers against unfair trade practices in Singapore."
.

[RiseofAsia]

You wait long long, 讲一套，做另一套。
They have addicted to inflation just like they addicted to massive import.

Inflation and deflation is neither good nor bad.
When they say good inflation, must be a joke lah.

[Ola]

Using currency to make more profits from us

PAP works like Commodity Trading Company

to amass their wealth for their Party every year

[RiseofAsia]

They create inflation to help you spend your hard earned $$$ away. This is why your $$$ always not enough lah!

[grotesqueness]

Yeah

What wrong with collecting MORE MONEY?

[watchfirst9]

strengthen against who, the dollar?

[Diamonaire]

Ntuc made tons of money, just look at how crowded on Sunday at JEM outlet queue, like no need money.

Demands from the 1.86 million non- resident population already Huat till buay lim chu.....

[Napoleon Porlumpar]

SGD strengthened but why NTUC supermarkets & Hawker food prices did not come down?

Everything should be cheaper today than yesteryears 

Why are they not passing the benefits to consumers: Someone Profiteering

Sinkies are carrot-heads...............if PAP don't chop Sinkies - they WON'T vote for PAP................

[talky]

Sinkies are carrot-heads...............if PAP don't chop Sinkies - they WON'T vote for PAP................

thats why psa competeinternationally earns 1.1b

sp earns more than psa
sp has no business outside of spore
their only revenue is fr spore
customers are sillyporeans

[red3]

Thread title can infer SGD held a lot of us treasuries but why interests earned never come down to reduce public expenditures or reduce income tax?

[ysh02]

Why our HDB go up didn't come down ? Only salary come down when look for job after retrend....

[winbig]

SGD strengthened but why NTUC supermarkets & Hawker food prices did not come down?

Everything should be cheaper today than yesteryears 

Why are they not passing the benefits to consumers: Someone Profiteering

Every hawker pak kat to profiteer lor. What can u do?

[Ineedhelp]

NTUC surplus each year around $350mil...

[RiseofAsia]

This round not going to eat rotten papaya, this time will eat new fruit lah.

[talky]

NTUC surplus each year around $350mil...

ntuc revenue is 4b
350m is <10% profit
means board n mgrt areso highly paid to  overpaid

[Scythian]

Every hawker pak kat to profiteer lor. What can u do?

With a growing strong SGD keeps appreciating against other currencies, 

Singapore continuously importing cheaply from other countries but why NTUC Fair price, coffee shops and hawkers are not passing those benefits to the  customers?

Instead, px keeps on going up

[Scythian]

In April 2022, The Monetary Authority of Singapore (MAS) transferred S$75 billion of its foreign reserves to the Government of Singapore (GIC). This was done to manage the strong appreciation pressure on the Singapore Dollar Net Effective Exchange Rate (S$NEER).

Note
Today, NTUC fair price transferred nothing to customers.

[cheekopekman]

SGD strengthened but why NTUC supermarkets & Hawker food prices did not come down?

Everything should be cheaper today than yesteryears 

Why are they not passing the benefits to consumers: Someone Profiteering

But rentals still very expensive lah!

[Scythian]

But rentals still very expensive lah!

The Australian Competition and Consumer Commission (ACCC) is investigating Coles and Woolworths, the two largest supermarket chains in Australia, for alleged misleading pricing practices and potential market dominance. The ACCC has launched legal proceedings against the companies for claims that they misled consumers through promotional pricing, including "Prices Dropped" and "Down Down" claims. Additionally, the ACCC is conducting a broader inquiry into the supermarket sector, including potential issues like market dominance, land banking, and supplier relations.

[cheekopekman]

The Australian Competition and Consumer Commission (ACCC) is investigating Coles and Woolworths, the two largest supermarket chains in Australia, for alleged misleading pricing practices and potential market dominance. The ACCC has launched legal proceedings against the companies for claims that they misled consumers through promotional pricing, including "Prices Dropped" and "Down Down" claims. Additionally, the ACCC is conducting a broader inquiry into the supermarket sector, including potential issues like market dominance, land banking, and supplier relations.

Singapore is not Australia lah!

[Scythian]

Singapore is not Australia lah!

Singapore has copied from Australia

[winbig]

Singapore has copied from Australia

Singapore copied price increase from Australia?

[Nico]

Where does NTUC profit goes to ? By default each NTUC member pays $9 every month. Assuming 1 million members, NTUC net $9 million. This is on top of profit reaped from supermart, taxi etc..

Yet their pricing cannot be lower than Sheng Shiong or ABC store?

[Scythian]

Singapore copied price increase from Australia?

Australia asking you to go and die..

Copied lah

[talky]

Where does NTUC profit goes to ? By default each NTUC member pays $9 every month. Assuming 1 million members, NTUC net $9 million. This is on top of profit reaped from supermart, taxi etc..

Yet their pricing cannot be lower than Sheng Shiong or ABC store?

millions go to spore labour 
n fairprice has too many directors >10