Drink prices unlikely to rise much when beverage container return scheme kicks in
Most canned and bottled drinks should not see price hikes of more than four cents, when the Beverage Container Return Scheme kicks in. From Apr 1, consumers will pay a 10-cent deposit for their drinks, which they will get back when returning the bottles and cans for recycling. The majority of drink producers, who make up about 80% of Singapore's canned and bottled drinks, will face only a one-off cost to comply with the scheme. Claudia Lim reports.
Most canned and bottled drinks should not see price hikes of more than four cents, when the Beverage Container Return Scheme kicks in. From Apr 1, consumers will pay a 10-cent deposit for their drinks, which they will get back when returning the bottles and cans for recycling. The majority of drink producers, who make up about 80% of Singapore's canned and bottled drinks, will face only a one-off cost to comply with the scheme. Claudia Lim reports.