What kind of observers? The COE results are exactly what I predicted in Feb in this forum ( see posts #51 & 52):
http://www.sammyboy.com/showthread.php?146123-PAP-says-Car-for-cash-rich-people-only-the-rest-can-fark-spider-take-bus/page3
Any plan not to really tackle price for the product but play about with the product itself will not be well received. I am surprised that Govt till now is not able to see this. Whether it is size of the unit or the tenure of the lease, you are changing the product. It is like cutting down the...
That is the problem when you are both the one to be tested and the tester. Worse is if you set for yourself a measure (GDP) that is directly correlated to your approach (increasing adult population) and in the process is blinded by your performance based on this measure and not on the welfare of...