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Budget 2021
New GST rule for imported goods won't deter buyers
Local retailers say move not enough to give them an edge, with need for unique offerings
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Goods bought online might be slightly pricier in the future in the wake of Tuesday's Budget announcement, 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.
