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By The Smart Investor  •  March 26, 2023
Singaporeans are getting hot under the collar these days. But it’s not Credit Suisse (NYSE: CS) or Silicon Valley Bank that’s gotten under their skin. It’s chicken rice. It’s iced Milo. It’s sliced fish soup. The kind of daily staple that warms our hearts. Yes, I am talking about the research by the Institute of Policy Studies (IPS) comparing hawker food prices from over 800 food establishments islandwide. It’s the study that has the nation up in arms. [There’s an investing lesson here, I promise.] The curious case of chicken rice  Chicken rice sellers in Bishan were surprised to learn they have the unfortunate distinction of having the priciest dish in the country. For comparison, the IPS study found the average price for a plate of chicken rice is S$3.80. Bishan’s average price is S$4.26, or 12% more. Here’s the thing: if you think hawker food is all about price, you’re wrong....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.

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