New GST rule for imported goods not enough to divert demand to S'pore shops, say firms

Shoppers expect the tax to have little effect on their online spending habits. ST PHOTO: MARK CHEONG
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SINGAPORE - Goods bought online might be slightly pricier in the future in the wake of Tuesday's Budget (Feb 16) but this alone will not be enough to divert demand towards local shops.

Home-grown retailers told The Straits Times they must continue to differentiate their products from those of overseas sellers if they want to stay competitive.

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