SINGAPORE: Japanese retail chain Daiso, known for its variety of items available at S$2, announced on Monday (Apr 25) that it will soon implement a 15-tier ...
The chain, which operates 29 stores in Singapore, offers products such as stationery, food, homeware and clothes. This latest update from Daiso Singapore comes after the retailer said earlier this month that it will start charging a 7 per cent GST on top of its S$2 price tag for its items. Items under the Daiso label have long been available at a flat price of S$2 while products under its Threeppy brand vary in cost.
Okay, it's probably because of global inflation, Japan's underperforming economy and its shrinking workforce, the oil prices, and a whole multitude of reasons ...
Does Singapore even produce one cent coins anymore, or will the cashier have to round up the price? Hereโs what really happened: The price changes are rather straight-forward; whatever the product is priced at in Japan will be converted to Singaporean dollar accordingly.
There is a significant difference between the yen's market conversion rates and Daiso's product prices in Singapore dollar. For instance, the $2.14 products ...
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