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No price hike despite Causeway toll increase: NTUC FairPrice

9/30/2014

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Supermarket chain NTUC Fairprice said on Tuesday (Sep 30) it will not raise prices for products from Malaysia despite the increase in Causeway toll charges.Starting Wednesday, Singapore will raise its toll charges at the Woodlands checkpoint to match those charged by Malaysia.

Bus and lorry operators in Malaysia have said they plan to raise their fees to cope with the new toll charges. The new toll means a round trip for buses will now cost S$10.60, while heavy goods vehicles will have to pay S$26.

NTUC FairPrice said it will work closely with suppliers to ensure its products provide good value. The supermarket chain added that it practises “diversified sourcing” by importing from various countries.

“This ensures we are not reliant on one single source of supply and consumers are protected from supply and price shocks due to circumstances like weather conditions and socio-economic factors,” it said. - CNA/cy
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