Chinese New Year is approaching, and as the festive spirit soars, so have the prices of certain goodies such as bak kwa, a popular barbecued sliced-pork treat. As much as bak kwa is a staple for Chinese New Year, the yearly price hikes during this period have also undeniably become a part of the festive period. Several businesses AsiaOne spoke...
Many bak kwa businesses AsiaOne spoke to have adjusted their prices for the festive period.Chinese New Year is approaching, and as the festive spirit soars, so have the prices of certain goodies such as bak kwa, a popular barbecued sliced-pork treat.have also undeniably become a part of the festive period.
"Our normal price per kg is $68, now it's selling at $78," said Roy Aw, the third-generation owner of Hu Zhen Long, an old-school bak kwa store located along Sago Street.When AsiaOne visited Kim Hua Guan at Balestier Road on Tuesday , staff member Elizabeth said: "Every week , there'll be an increase in price of two dollars ."
A Shin Min Daily News report saw that their bak kwa prices have increased from $72 per kg last year to $74 per kg and $75 per kg respectively this year."For us, the demand is always there," Hu Zhen Long's Roy shared with AsiaOne. " mainly staff cost. We need to cover overtime costs, and raw materials have also increased in price, pork and sugar supply," Kristy said.
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