NTUC Fairprice To Cushion Tax Hike

Singapore's leading grocery retailer NTUC Fairprice has announced that it will invest some SGD4.5mn (US$2.94mn) in cushioning the effect of the impending Goods and Services Tax (GST) hike on the spending power of Singaporean consumers. The announcement is the latest in a long line of NTUC strategies aimed at increasing customer footfall and improving consumer loyalty in what represents an intensely competitive

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