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Justify pump price increases, says Case to petrol companies in Singapore

Wednesday, February 25, 2015 - 10:10
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Petrol companies here have been asked to justify their increase in pump prices, after they were accused of profiteering by the nation's consumer watchdog.

[SINGAPORE] Petrol companies here have been asked to justify their increase in pump prices, after they were accused of profiteering by the nation's consumer watchdog.

The Consumers Association of Singapore (Case) has sent letters to the main players here asking each of them to justify the increases, which in some cases, were larger than the size of the tax hikes. The letters should reach them today.

Full story HERE.