DAISO SINGAPORE PTE. LTD. Business Review
Trust level is highly likely to be safe
Company Overview
TrustScore
DAISO SINGAPORE PTE. LTD.
UEN:201842518K
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TrustScore Analysis
DAISO SINGAPORE PTE. LTD. has a TrustScore of 93. Businesses in this category exhibit exceptional reliability and credibility. They are highly trusted within their respective industries and provide a secure environment for transactions and engagements.
Our preliminary analysis has revealed key insights about DAISO SINGAPORE PTE. LTD.'s performance and market presence. Here‘s a summary of our findings:
Positive highlights
Has been operational for several years
Has accessible contact information online
Official business profile found on major search engines
Negative highlights
- No employer brand presence on career platforms
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Associated News for DAISO SINGAPORE PTE. LTD.
Daiso Singapore says price increases due to 'steady rise' in raw material, logistics costs
Japanese retail chain Daiso said on Friday (Apr 29) its impending price increases in Singapore are due to a steady rise in raw material costs and logistics. Known for its variety of items offered at S$2, the retailer will introduce a 15-tier pricing system on May 1 with prices ranging from S$2.14 to S$25.47 both in stores and online. The pricing system was announced on Apr 25 after Daiso said earlier this month that it will start charging a 7 per cent GST on top of its S$2 price tag for its items. "All this time, Daiso Singapore has been providing our pricing with GST included. However, in recent years, we see a steady rise in raw material costs and logistics. Due to the above reason, we will be increasing our selling price to maintain our operational cost," said a Daiso spokesperson on Friday in response to queries from CNA.
29 April 2022
Daiso Singapore to scrap S$2 prices for 15-tier system with items up to S$25.47
"We thank you for your understanding and continued support," it said in a Facebook post. The chain, which operates 29 stores in Singapore, offers products such as stationery, food, homeware and clothes. Items under the Daiso label have long been available at a flat price of S$2 while products under its Threeppy brand vary in cost. This latest update from Daiso Singapore comes after the retailer said earlier this month that it will start charging a 7 per cent GST on top of its S$2 price tag for its items.
26 April 2022
Company Industry
Singapore Standard Industrial Classification (SSIC)
47529
RETAIL SALE OF HARDWARE, PAINT AND GLASS N.E.C. (EG WOOD, GLASS, SANITARY WARE, DO-IT-YOURSELF MATERIALS)
WHOLESALE TRADE OF A VARIETY OF GOODS WITHOUT A DOMINANT PRODUCT