Singapore cracks down on bids to profiteer from mask sales
Janice Heng
Singapore
TO prevent profiteering from surgical mask sales amid Wuhan coronavirus worries, retailers and e-commerce platforms will be asked to cooperate with the authorities, Minister for Trade and Industry Chan Chun Sing told the media on Thursday. He applauded platforms such as Carousell and Qoo10 for threatening to suspend profiteering sellers.
The government is also changing its method of mask distribution. While the national stockpile will be prioritised for healthcare workers, there will be a one-off distribution of masks to households.
TRENDING NOW
Not retirement, but a rewiring and fresh perspectives post-DBS, says Piyush Gupta
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Hong Kong’s bad-debt bankers ramp up fire sales, liquidations as city’s distressed loan ratio hit a high
Power of payouts: A big chunk of the STI has just gone ex-dividend. What’s next?