Chenghu needs more COE money. Time to raise COE premiums.

wontonmee

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Cab companies could be allowed to bid for COEs
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Regulations banning cab firms from bidding for COEs were put in place in 2012, but are being reviewed.PHOTO: ST FILE
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Rule against this, implemented in 2012 to address complaints that it was driving up car premiums, said to be under review
Christopher Tan
Senior Transport Correspondent

Taxi operators may soon be allowed to compete with car buyers for certificates of entitlement again - a move which may fuel competition for COEs.
Regulations banning cab firms from bidding for COEs were put in place in 2012 to address a longstanding gripe among car buyers and sellers that taxis were driving up premiums and providing unfair competition.
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