This is a hot topic these few days. As everyone has already made their conclusion and I don't really need to voice my opinion in a lengthy way as planned.
Winner: Kopithiam owners. 10 cents per cup of drinks will increase their profit substantially as sugar price has only increased by 20 cents per Kg. Sugar makers and distributors are beneficiaries as well.
Loser: Consumers.
Things may change as people may not want to go to hawker stores as frequently and they may consider take-away. In addition, the rise of beverage and sugar related product price may cause others' price to go up as well.
Sunday, January 3, 2010
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