Quote:
Originally Posted by Unregistered
Ayam penyet that i always ate.
Last month : 7.50
Now : 8.90
When gst hike 1%
Coffee shop raise 20cent in the drinks
High COLs will remain, coz business owners are greedy too!
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We should not support these kind of profiteering.
I think that once demand & sales drops, their shop will close down asap and will be replaced by a more competitive stall. People will always go for cheaper alternatives if they are cost driven. Its also not ethical as coffeeshop target market is usually those low income groups
Once i kana this i will ask the hawker/cashier to provide product costing (variable costing) spreadsheet for me to review in order to justify cost increase
Wa lao $1.40 increase for AP & if i topup abit can buy iced coffee for $1.80 already.
Office rental expenses will definitely go down as a result of JB-SG SEZ.
As for coffeeshop rental, as foreign population decreases, there will be lower profit margin for those in F&B, thus i expect a spillover effect on food prices