Prices of Lunar New Year goodies going up
Posted: 09 January 2008 2024 hrs
SINGAPORE: Prepare more cash for the coming Lunar New Year
celebrations as prices of New Year goodies are rising, largely due
to the 45 percent increase in the price of flour from
Malaysia.
All 21 outlets of Sheng Siong supermarket are increasing the prices
of their Lunar New Year goodies from Malaysia by 10 to 20
percent.
Supermarket chain NTUC FairPrice said Malaysia-imported New Year
goodies make up 60 percent of the New Year products in their 82
branches around Singapore, and these food items will have a price
increase of 20 percent.
But its goodies from Indonesia are not affected by the price
increase.
http://www.channelnewsasia.com/stories/singaporelocalnews/view/321600/1/.html
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Meanwhile up north in Malaysia:
With millers in the country being told to increase their
production, there should be no shortage, said association president
Datuk R. Ramalingam Pillai after meeting Domestic Trade and
Consumer Affairs Minister Datuk Shafie Apdal.
“The ministry is also mounting checks on whether middlemen are
hoarding and hoping to increase the price.
although the price of roti canai had not increased in many
restaurants, its weight and size had shrunk.
http://www.thestar.com.my/news/story.asp?file=/2008/1/9/nation/19951095&sec=nation