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Jan. 31st, 2020 11:34 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
michaelkoloboffWuhan virus: Govt cracks down on mask profiteers, retailer Deen Express queried on alleged inflated prices
A packet of 10 surgical masks usually costs around $5 and 20 N95 masks cost about $40. But the masks sold at the Orchard Road store, Deen Express, are alleged to cost much more.
The Ministry of Trade and Industry (MTI) said in a statement that a letter of demand was issued to the retailer and it must provide information such as its cost price and profit margins or face a fine, though it did not state how much the shop had been selling masks for. Deen Express could not be reached for comment.
Letters of demand have also been sent to e-commerce platforms Lazada, Carousell and Qoo10 to request information on any potential profiteers on their platforms, MTI said.
If they do not comply, they can be fined up to $10,000 for the first offence, and up to $20,000 for the second and subsequent offences.
“Profiteering is highly irresponsible and damaging in these uncertain times,” the ministry said.
Еще говорят, хватит распространять слухи, что в стране мало масок, и пообещали начать раздавать по 4 маски на домохозяйство.
A packet of 10 surgical masks usually costs around $5 and 20 N95 masks cost about $40. But the masks sold at the Orchard Road store, Deen Express, are alleged to cost much more.
The Ministry of Trade and Industry (MTI) said in a statement that a letter of demand was issued to the retailer and it must provide information such as its cost price and profit margins or face a fine, though it did not state how much the shop had been selling masks for. Deen Express could not be reached for comment.
Letters of demand have also been sent to e-commerce platforms Lazada, Carousell and Qoo10 to request information on any potential profiteers on their platforms, MTI said.
If they do not comply, they can be fined up to $10,000 for the first offence, and up to $20,000 for the second and subsequent offences.
“Profiteering is highly irresponsible and damaging in these uncertain times,” the ministry said.
Еще говорят, хватит распространять слухи, что в стране мало масок, и пообещали начать раздавать по 4 маски на домохозяйство.
