SG Talk

Coffee shops announce price increases without waiting for GST hike


Singapore — Several  netizens have posted photos online of notices from coffee shops announcing  impending price hikes.

In a photo shared with the Complaint Singapore group  on Facebook, one coffee shop announced that  there would be a flat 10-cent price increase for all the drinks it serves, and that the price hike was effective Feb 3.


https://theindependent.sg/coffee-shops-a...-gst-hike/

Is like that after CNY already prepared

This is in preparation for another round of price increase when GST is raised.  

under this gov, anything can happen.

10 cents by 10 cents
So more can adapt to it.
Willing seller, willing buyer
Kpkb ?

why can only increase in price at gst hike?