FairPrice to provide return vouchers to bolster government's CDC support package
FPG will supply S$8 in return vouchers for every single transaction at any FairPrice store.
FairPrice Group has offered FairPrice vouchers as assistance for Singapore shoppers, supplementing the support provided by the government under the Community Development Council (CDC) Voucher Schemes.
From 3 to 17 January 2024, the Singapore retailer will distribute $6.01 (S$8) in FairPrice return vouchers for every $60.11 (S$80) worth of CDC supermarket vouchers spent in a single transaction at any FairPrice store.
Return vouchers will have no minimum spend requirement. Multiple vouchers can also be used in a single transaction. All vouchers will be valid from the next day of issuance by 29 February 2024.
For its second year of implementation, the initiative has accompanied the Singapore government’s efforts to assist all Singaporeans with the increasing cost of living. Through the CDC Vouchers Scheme, Singaporeans have received a total of S$500 in vouchers from 3 January 2024.
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“The increased cost of living over the last two years due to stubborn inflation and supply chain infractions has led to households cutting back on spending; including on daily necessities. As a social enterprise, it is our mission to support the communities in which we serve in their time of need,” Vipul Chawla, Group CEO of FairPrice Group, stated.
Alongside the CDC Vouchers Scheme, FairPrice Group will also absorb the 1% GST increase on 500 essential items for the first six months of 2024.
1 USD = 1.33 SGD