Crowds of people have started streaming into Chinatown as the Festive Fair – the annual Chinese New Year bazaar – is back after a two-year hiatus. Eager sellers at many of the 280 stalls set up in Smith Street, Pagoda Street, Trengganu Street and Temple Street peddle a...
Despite the goods and services tax hike, inflation and rising cost of goods, some stall owners kept the prices of previous years.
“I have a lot of regular customers... Not increasing the price is my way of giving back to them,” said Ah Hui, who sells 1kg of dried persimmons for about $12.But not all stall owners kept their old prices. At Chinatown Ah Keong Guangzhou Sausages, the price of Chinese sausages has increased by $3 to $5 per kg.But the rise in prices has not deterred shoppers like retiree Tan Tak Hwee, who was excited to enjoy the festivities after the two-year hiatus.
While he has noticed a slight increase in prices, Mr Tan, who visited the bazaar every year before Covid-19, said: “Chinese New Year happens only once a year. Regardless of the economy, I will still do some Chinese New Year shopping to celebrate the festival.”Ms Felicia Wong, who was at the bazaar with her family of three, specially made a visit to Chinatown to buy CNY decorations because of the variety on offer.
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