I just came back from the coffeeshop in the next block of flats. For breakfast this morning, I had bought some fried dough fritters for S$0.70 each. I had also bought a packet of fried beehoon with some longbeans and a piece of luncheon meat for S$2.10.

Not so long ago, these breakfast stuff were so [...]

The increase in GST from 5% to 7% takes place from today, 1 July 2007. It’s early morning and already I have had a run-in with a market effect of the increase.

You see, I was down at the coffeeshop behind my HDB block buying breakfast for mywife and myself. As I stood waiting for my turn for a packet [...]