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Inevitable GST rise makes shopping more expensive. So which stocks could be affected?

Samantha Chiew
Samantha Chiew11/29/2017 01:02 PM GMT+08  • 3 min read
Inevitable GST rise makes shopping more expensive. So which stocks could be affected?
SINGAPORE (Nov 29): At the recent People’s Action Party (PAP) convention on Nov 19, Prime Minister Lee Hsien Loong said that “raising taxes is not a matter of whether, but a matter of when”.
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SINGAPORE (Nov 29): At the recent People’s Action Party (PAP) convention on Nov 19, Prime Minister Lee Hsien Loong said that “raising taxes is not a matter of whether, but a matter of when”.

Lee also said that the tax raise is to support growing government spending.

Now, experts are expecting an increase in the Goods and Services Tax (GST).

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