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S1E27: Record-breaking COE’s impact on Singapore society
As more are priced out of owning cars, will the cost of vehicle-sharing services shoot up and be passed on to those who use them?
Synopsis: Every second and fourth Monday of the month, The Straits Times takes a hard look at social issues of the day with guests.
The certificate of entitlement (COE) is the permit needed for a vehicle to be used on the road in Singapore. This cost then needs to be added to the cost of the vehicle itself before it hits the road. Coupled with a zero-growth policy, the price of COEs - set by an open tender exercise - has been making the news, repeatedly setting…
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