Posted by bagan > 2018-07-17 10:25 | Report Abuse

See how the prices gonna move if gst reinstated at 6%...

Posted by hollandking > 2018-07-17 10:43 | Report Abuse

when up, up very fast, once price up, it wont come down anymore. Only big business willing to cut, those that state their biz black and white last fast food or big ones, rest won't cut. That is why when a govt implementing something that led to inflation, it will caused long term impact and non-reversible. Each time govt reduced subsidy, retailers increased even more, an example, you take away the polystyrene packaging, replace it with biodegradable, the cost isn't so much but they will increase it even more. The only way to keep these things in check is to have more competitions.
For restaurants/biz , govt can have some form of certification/recognisation, something for those who sell cheap food/product at reasonable price, in return they get certification, name put on a govt website/list, and the status(how many stars) is subjected to review from time to time. I think the website should also have list/recommendations/rating from ppl, giving comments, there should be a phone apps for ppl to check or scan the qrcode the restaurant to determined what is its status. There should also be a list of offenders or for ppl to put the name of that problematic retailer into a list and giving comments, rating. These things can be done, is just whether govt have the will to implement such things.

To go more extreme lvl, govt can provide an apps, which show the price range for certain goodies/updating it, apps have ability for users to submit price of certain goods or services they purchased, national lvl, state lvl etc etc. The problem now is some ppl they bought things without recalling/memorizing. Apps should have ability for ppl to record things they purchased before at what price , so that they can use it as reference for future purchase.

So is etc etc etc lots of things can be done, is just r u intelligent enough or do you have the will to do so