Voon Shi Tian - UP prices of eggs and some vegetables

Summary of news events:

Singaporeans already battered by inflation faced another whammy this week.
Prices of eggs and some vegetables have jumped at wet market across the island. This comes barely a week after Malaysia - Singapore's biggest food supplier - trimmed domestic fuel subsidies. The move has driven up transport costs for fresh-food importers, who truck supplies like vegetables and poultry across the border. This increase has trickled down to wet markets here, which have already been forced to raise prices because of a supply crunch. Furthermore,those who drive taxis running on fuel have suffered as daily fuel cost have nearly doubled.

Personal response:

I think that the increase in Malaysia's fuel price has affected the Singaporeans alot.Singaporeans who to Malaysia regularly to top up their fuels now have to plan carefully on each trips they make.Taxi drivers on the other hand have also suffered as their daily fuel cost have inscreased and this means that their daily earnings have decreased. In addition, housewifes have to scrimp and save now as the increased in Malaysia's fuel price has increased the fuel cost of trucks going into Malaysia for importation of goods like vegetables and poultry.Therefore this cost has been brought down to the consumers of these products and most of them have been affected greatly as they have lesser money to save on for rainy days instead of the usual sum of money.Cost of Fuel, rice, vegetables, eggs and other products have been increasing and familes of low income will now be worrying of their financial situation.Hence, I think that the government should come up with some financial plans to help these families as much as possible.