SG spotlights: Hawkers have to raise prices to survive, as rising cost of ingredients hit hard.
Due to the recent increase in food raw materials and operating costs, coupled with global inflation, many stores have decided to adjust the price of food slightly.
Besides, this additional cost for the ingredient, an essential in the steamed rice flour cake dish, would come on top of others.
The increase ranges from 10 or 20 cents for drinks up to S$1 for food, with seafood going up the highest. We also knew that oil prices have shot up amid tight worldwide supply following Russia's invasion of Ukraine in Feb.
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UNeverSleppWell : In fact, compared to the past, our income has really improved a lot, otherwise how can so many people have the money to buy a house and a car? At least anytime you want to eat a good meal, no problem at all. Clothes can also often buy, rather than to the New Year to buy a new set of clothes. But why do you feel that wages have not increased? In fact, it is mainly because prices have risen more.
First, the wage can rise, and the industry, the enterprise has a lot to do with the traditional industry profits are low, the boss is not often to give you processing wages.
Second, some bosses are very stingy, the company made money, first of all, not to think about giving employees to improve benefits, but to buy their own luxury houses and cars. Of course, if you encounter a generous boss, every year may be processing wages.
Third, the general environment is greatly affected. From last year to this year, many industries have been affected by the epidemic, tourism, catering and so on, business is difficult, in this case, still want to process wages is impossible, can retain the base salary is good, many industries are still laying off, not to mention processing wages, even the income is not.
Prices have been rising, but wages are not rising, there is one of the most important reason, that is, personal ability, if you do not get a high salary, then make a good effort to improve yourself.
FelaytOP UNeverSleppWell: Wow, great insights!!! Seems I have a lot to improve~ Actually it also arise anorher question: how can we combat inlfation.
Kennethz36 UNeverSleppWell: Can’t agree more, if companies are expecting a better performance, then they better pay more cash
Kennethz36 : Thanks a lot, this post is such emotions releasing
I’m ready for the market next week!
Sofu_ Kennethz36: hope next week market will go uppppp!!
Kennethz36 Sofu_: Thank you stranger! Cheers!
71518529 : Starts with our leaders at the top.. It’s time to stop printing money, and cut out the stimulus…Start drilling for Oil again we need to remain energy independent.. It’s going to be a rough road going forward hopefully thIs administration wakes up before it’s to late..