FIERCE @ Velvet Dragon // SAY NO TO NETS

doing some advertising for Lee & Ben from the bar. Yeah, i'm involved in this event, so any tickets do tag it down or something yup. and i've got a small guestlist too :D

any runners? jordus?

-----------------------------------------------------------------------------

apparently there will be 300% increase in NETS fees for vendors, and so, i guess in a sense prices of products EVERYWHERE will increase.

more info here (excerpt below)

Consumers can expect to pay more with higher NETS levy

SINGAPORE: Consumers can expect to pay more when paying by NETS from next month.
This is because NETS is imposing a higher levy on retailers, who could pass on this extra cost to consumers.
Some merchants are also reconsidering whether they will still accept payment by NETS.
NETS now charge businesses between 0.35 and 0.55 per cent of the amount of each transaction.
Starting July, this will be increased gradually to between 1.5 and 1.8 per cent of purchases.

***

thanks to Jonathan Boon for the info. boycott 'em!