The_King Posted April 30, 2022 Share Posted April 30, 2022 SINGAPORE — Daiso Singapore, the popular Japanese chain known for its $2 household items, said that its new prices that will take effect from 1 May entail the “smallest increase possible” while ensuring the quality of its products. In response to queries from Yahoo Lifestyle Singapore, Daiso said that it has been absorbing the Goods and Services Tax (GST) for its products but this is no longer tenable due to an increase in operational costs. Daiso Singapore's updated product prices. PHOTO and SCREENSHOT: Bryan Huang (Yahoo News Singapore)/Facebook (Daiso) “However, in recent years, we see a steady rise in raw material costs and logistics. Due to the above reason (GST), we will be increasing our selling price to maintain our operational cost,” Daiso said. Daiso announced earlier this month that it will no longer exclude the Goods and Services Tax (GST) on all purchases from 1 May. The prices of its products across 15 tiers will range from $2.14 to $25.47 from 1 May, with 10 price tiers above $10. Thanking its customers, Daiso said it seeks their kind understanding and looks forward to their continuous support. “We will provide a wider variety of items to meet the needs of our customers.” News of the price increase has led to long queues of customers at various Daiso outlets in the past few days. 2 Link to comment Share on other sites More sharing options...
The_King Posted April 30, 2022 Author Share Posted April 30, 2022 (edited) From $2 to $25.47 is smallest increase possible me already hardly go daiso. i dont think i be going for a long time Edited April 30, 2022 by The_King 2 Link to comment Share on other sites More sharing options...
Huat Zai Posted April 30, 2022 Share Posted April 30, 2022 1 hour ago, The_King said: SINGAPORE — Daiso Singapore, the popular Japanese chain known for its $2 household items, said that its new prices that will take effect from 1 May entail the “smallest increase possible” while ensuring the quality of its products. In response to queries from Yahoo Lifestyle Singapore, Daiso said that it has been absorbing the Goods and Services Tax (GST) for its products but this is no longer tenable due to an increase in operational costs. Daiso Singapore's updated product prices. PHOTO and SCREENSHOT: Bryan Huang (Yahoo News Singapore)/Facebook (Daiso) “However, in recent years, we see a steady rise in raw material costs and logistics. Due to the above reason (GST), we will be increasing our selling price to maintain our operational cost,” Daiso said. Daiso announced earlier this month that it will no longer exclude the Goods and Services Tax (GST) on all purchases from 1 May. The prices of its products across 15 tiers will range from $2.14 to $25.47 from 1 May, with 10 price tiers above $10. Thanking its customers, Daiso said it seeks their kind understanding and looks forward to their continuous support. “We will provide a wider variety of items to meet the needs of our customers.” News of the price increase has led to long queues of customers at various Daiso outlets in the past few days. Ya man, whatever *clicks aliexpress* 2 Link to comment Share on other sites More sharing options...
The_King Posted April 30, 2022 Author Share Posted April 30, 2022 (edited) 14 minutes ago, Huat Zai said: Ya man, whatever *clicks aliexpress* once they start to reduce the store outlet, we knew they will not last long Edited April 30, 2022 by The_King 2 Link to comment Share on other sites More sharing options...
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