About 100 complaints to anti-profiteering committee in 3 months; only 5 cases linked to GST increase

An anti-profiteering committee received about 100 complaints about profiteering behaviour since April.

Out of these, only five were related to price hikes due to the upcoming Goods and Services Tax increase.

The merchants, who were unnamed, were later found to have increased prices because of higher raw material costs, and not due to GST.

Committee chair Low Yen Ling said they have since committed to being "transparent" with their prices.

The remaining cases did not involve claims that the merchant misrepresented the hike with the upcoming GST increase, which is set to rise from 7 to 8 per cent in 2023.