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
One-third of Singapore-listed firms at risk in severe AI downturn: MAS
‘Not done’: Keppel CEO Loh Chin Hua transformed the group, but says there’s ‘still a lot to do’
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
‘We don’t want to stay as we are’: CEO Patrick Ng builds a more resilient Huationg
