
FairPrice supermarket .. partially owned by the Singapore Government.. if i am not wrong… is restricting the consumers from buying more than 5 packs of rice. It is said to be protecting the consumers against.. traders who might take advantage of the low price.
FairPrice said it offers one of the most competitive prices and has re-assured consumers that the supply of rice is adequate. It also said most consumers should not be affected by the restriction. This is because most families take a while to finish a 10-kilogramme bag of rice.
Other major supermarkets – such as Sheng Siong, Cold Storage and Giant – have no such restriction. The supermarkets have also said that the prices have stabilised and the rush to buy rice has also eased. – CNA/vm