Posts Tagged ‘NTUC Fairprice’

Three cheers for FairPrice

In Uncategorized on 29/07/2017 at 6:19 am

Because of Oxleygate, I forgot to post this:

The milk powder is available in two ranges, each with three formulations for the different stages of a child’s development.

NTUC FairPrice CEO Seah Kian Peng said the supermarket worked with the authorities following the announcement to review import requirements.

“FairPrice has been in discussions with the authorities on bringing in better-value formula milk from additional sources,” said Mr Seah.


Nice to see FairPrice doing what the PAP Old Guard wanted it to do.

But to be fair, it’s been keeping Cold Storage on its toes. I enjoy “Greek” yogurt and for years I had to pay what Cold Storage charged. Then FairPrice decided to go “upmarket” and I enjoyed cheaper “Greek” yogurt.

Coming back to milk powder, bet u the cybernuts from TRELand will say that the product is “fake milk” or “Made in China”.


Tesco replaces Carrefour in S’pore?

In Emerging markets on 14/07/2010 at 6:31 am

The FT reports that Carrefour is planning to pull out of Thailand, M’sia and S’pore.

The pull-out is in its early stages. Carrefour is talking to bankers but has yet to decide how to proceed and, according to one person familiar with the situation, there have been no serious discussions yet with potential buyers …

Tesco, the UK retailer, is regarded as the most likely trade bidder for the Malaysia and Singapore assets, but Dairy Farm, the Singapore-listed retailer and Aeon, the Japanese retail group, could be interested.

Potential private equity bidders include CVC and Navis Capital, the Malaysia-based group. NTUC Fairprice of Singapore, which runs a supermarket chain, is seen as a potential buyer for the Singapore and Malaysia businesses, if they were to be sold separately.

Tesco is also a top contender for Thailand as is France’s Casino group. These two chains are the biggest in the country. Neither would comment.