Remembering Lee Kuan Yew - Thank you - The nation with you in your final journey - See u in heaven

Remembering Lee Kuan Yew - Thank you - The nation with you in your final journey - See u in heaven
Presented to you by Property Smart Investor- A Real Estate Online Education and Discussion

Tuesday, 18 August 2015

Parliament: More than 8n 10 hawkers pay less than $1.5k to rent stall each month

Parliament: More than 8 in 10 hawkers pay less than $1.5k to rent stall each month
Parliament: More than 8 in 10 hawkers pay less than $1.5k to rent stall each month




SINGAPORE - More than eight in 10 hawkers here pay less than $1,500 in monthly rent for their stalls. In fact, four in 10 pay less than $400, said Minister for the Environment and Water Resources Vivian Balakrishnan on Tuesday in Parliament.
This was a result of government policies that helped keep rental costs for hawkers low, he added.
Dr Balakrishnan was responding to questions from Nominated Member of Parliament, Ms Kuik Shiao-Yin, on how National Environment Agency (NEA) plans to help hawkers deal with the rising costs of ingredients and manpower.
He also highlighted how NTUC Foodfare and Fei Siong Food Management's social enterprise subsidiary, which NEA appointed to manage several hawker centres here, will also help suppress rising ingredient costs for hawkers through bulk-purchasing.
On the issue of rising manpower costs, in the form of wages for cleaners and assistants, Dr Balakrishnan said these increases are "well-justified and well-deserved" for the workers".
"I think I stand with the support of all of you that we were right in imposing progressive wages to increase the wages and employment conditions for cleaners," he said. "I would also expect members of the House to support wage increases for hawker assistants."
The Environment Ministry had said earlier this year that ingredients made up the largest cost component for hawkers, at about 60 per cent.
Manpower made up the second largest cost at 17 per cent while rentals made up just 12 per cent, utilities 9 per cent, and table cleaning and other costs 3 per cent.
Dr Balakrishnan urged everyone to support the two new hawker centres in Bukit Panjang and Hougang, set up by NTUC Foodfare and Fei Siong respectively.
"Let's take a data-driven approach and look at the prices and the value of the food... Let's give this system a chance," he said.
He added that his ministry is also looking at having smartphone apps which would display the prices of food in every hawker stall in Singapore, possibly even in real time and through crowd-sourcing.
"Experts may also be able to assess the food's nutritional value," he said, without giving more details.
The Straits Times / Business                                                   Published on Tuesday, 18 August 2015  By Feng Zengkun                                                                                                                        Parliament: More than 8 in 10 hawkers pay less than $1.5k to rent stall each month
Please click the following for other Related Readings:

New private home sales surge in July, thanks to Fernvale project

Parliament: More than 8 in 10 hawkers pay less than $1.5k to rent stall each month

Jump in number of M'sian and Chinese buyers of S'pore properties in Q2: DTZ

Buyers snap up Brownstone penthouses

Foreigners grab 5 floors of Prudential Tower

Lien's grandson pays $21m for Good Class Bungalow

Quality scores of new HDB flats 'rising'

New HDB scheme: Call to let studio flat owners extend lease

It's a shore thing for these owners of seaside homes

Choa Chu Kang EC site attracts surprise 11 bids

Private property market 'stabilising'

Quality of life has a price, says Moshe Safdie

Cache Logistics Trust sells Kim Seng warehouse to JTC for $9.7m

Bumper crop of shoebox units to come in 2017

'Rare' industrial site up for sale



























No comments:

Post a Comment