Budget 2025 debate: Melvin Yong on improving consumer protection and uplifting lower wage workers

In his speech in parliament on Thursday (Feb 27), MP Melvin Yong highlighted the need to improve consumer protection so that consumers can reap the full intended benefits from the various support measures provided by the government. He also pointed out how the government can do more to uplift the wages of lower-income earners so that they do not get left behind as Singapore progresses. Mr Yong noted that beyond government initiatives and community-led programmes, the private sector must also play its part in the whole-of-nation effort to curb rising cost pressures. Calling for the improvement of price transparency in the marketplace, he urged the government to mandate the display of unit pricing in all major online and physical retail stores to help consumers combat shrinkflation and stretch their dollar.