• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

COE Huat Today?

COE Huat Today?

  • Yes

    Votes: 2 50.0%
  • No

    Votes: 1 25.0%
  • Dun Know

    Votes: 1 25.0%
  • Dun Care

    Votes: 0 0.0%

  • Total voters
    4
I think majority sinkies cannot think. All too busy coping with high prices and paying debts.
So high prices of car/transportation/delivery has nothing to do with them.
 
I think majority sinkies cannot think. All too busy coping with high prices and paying debts.
So high prices of car/transportation/delivery has nothing to do with them.
May “new” sinki mah
They Huat Kah Liao overseas and transplant to our Swiss Standard Island to help poor sinki
 

COE premiums rise across the board in latest bidding exercise​

COE premiums rise across the board in latest bidding exercise

Vehicles in Singapore. (File photo: CNA/Syamil Sapari)



Listen
2 min
04 Mar 2026 04:07PM
BookmarkShare

Set CNA as your preferred source on Google


Read a summary of this article on FAST.


FAST
SINGAPORE: Certificate of Entitlement (COE) premiums rose across all categories in the latest bidding exercise on Wednesday (Mar 4).

For Category A cars, premiums closed at S$108,220 (US$84,738), up from S$106,501 in the last exercise.
 

LTA to review COE system to improve car categorisation​

04 Mar 2026|0 views

[COLOR=rgba(0, 0, 0, 0)]
...
PreviousNext
It has also emphasised, however, that there are no immediate changes to the system, and that motorists should continue to be prudent in their COE bidding.​
Concerned about the increasing convergence between Category A and Category B COE premiums? It seems that the authorities have heard your concerns.
The LTA has announced that it will be reviewing the COE system to improve the categorisation of cars in Singapore. The news was first announced in a parliamentary debate about the recent Budget 2026 while responding to requests from MPs. Thereafter, the LTA has also taken to its official social media accounts to address the issue.


In an Instagram post published on Wednesday evening, the LTA specifically pointed to the trend of EV manufacturers detuning their high-end vehicles to qualify for Cat A as a likely reason for the convergence between Cat A and Cat B premiums
An Instagram post by the LTA points to the recent convergence of prices for Cat A and B premiums - with the second bidding round of February seeing Cat A surpass Cat B - as the main reason behind the review. In the post, the authority also notes the emergence of EV manufacturers "detuning their high-end vehicles to qualify for Cat A" as a likely reason for the phenomenon.
Perhaps more pressing, however, is the strong likelihood that this convergence will continue. While the quota for Cat A already peaked in 2025, the quota for Cat B is set to increase still for the foreseeable future.
Specifically, the authority states that it will gather public feedback on how to improve the COE categorisation of new cars, and has not ruled out the possibility of applying discounts or surcharges based on their Open Market Value (OMV). Pursuing such a path could see the gulf between entry-level cars and more premium ones expand even further.
For those who may have forgotten, any upcoming revision(s) to the categorisation of cars under the COE system will not be unprecedented.
The LTA reminds that as recently as 2014, it added a power rating criterion to engine capacity in a bid to address feedback that more powerful cars were being produced with smaller engine capacities. Prior to that revision, a car would have been eligible for a Category A COE as long as its engine was under 1,600cc in capacity, regardless of engine output. (Some modern-day cars that would have been eligible for a Category A COE under that system include the current BMW 3 Series and Mercedes-Benz C180.)
Any possible revision(s) to the system arising out of the impending reviews would thus also aim to reflect the recent market changes.
The LTA has continued to emphasise that no immediate changes to the COE system are in order while the review is underway, while underscoring that the COE system is still necessary to keep Singapore's vehicle population manageable.
"Motorist should continue to bid prudently for COEs," it added.[/COLOR]
 

Wealthy Asians looking to move assets out of Dubai due to conflict, S'pore a destination: Reuters​

Some re-evaluate UAE's stability, some unfazed.

author profile

Gawain Pek
clock

March 07, 2026, 03:24 PM​


image

Telegram

Whatsapp

Following the outbreak of the recent Middle East conflict, there has been an increase in enquiries by wealthy Asians looking to move their capital out of Dubai and to countries like Singapore as they re-evaluate the region's stability.



Wealthy re-evaluate stability​



In recent years, Dubai has grown to be a preferred wealth hub with "favourable policies", Reuterswrote.

However, the recent conflict, which has seen retaliatory strikes by Iran in countries like the UAE and Qatar, has led to doubt about the UAE's reputation for stability.

ADVERTISEMENT​




Shifting assets to Singapore, Hong Kong​



Reuters reported that soon after the first retaliatory strikes by Iran reached Dubai, two Indian entrepreneurs tried to move more than US$100,000 (S$128,000) from their local bank accounts to Singapore in a risk-hedging move.

The entrepreneurs are among scores of other wealthy Asians making enquiries or taking similar steps to move their assets held in Dubai to other regional financial hubs like Singapore and Hong Kong.

One Singapore-based private wealth lawyer, Ryan Lin, shared with Reuters that about seven of his 20 Dubai-based clients, with an average of US$50 million (S$64 million) each in assets, have reached out with plans to transfer assets to Singapore.

A principal at a global corporate and fund services provider, Anderson Global, Iris Xu, has received enquiries this week from 10 to 20 family offices about moving assets back to Singapore from Dubai.

Xu told Reuters, "Dubai was always about tax benefits but now I think the tax benefits may not be the top priority for them."
 

BlackRock’s US$26 billion private credit fund limits withdrawals​

Private credit funds broadly are bracing for a wave of redemption requests

Summarise


google-preferred-sourceAdd BT as a preferred source
Published Fri, Mar 6, 2026 · 11:44 PM


  • BlackRock’s HPS Corporate Lending Fund said shareholders requested 9.3% of their shares, but management decided to cap the repurchase at 5%.
[NEW YORK] BlackRock curbed withdrawals from one of its biggest private credit funds after client requests for redemptions spiked, the latest sign of retail anxiety about the US$1.8 trillion private credit industry.

The firm’s US$26 billion HPS Corporate Lending Fund, one of the industry’s largest non-traded business development companies, said shareholders requested 9.3 per cent of their shares, but management decided to cap the repurchase at 5 per cent, the company said in a statement on Friday (Mar 6). The total amount of shares would have been around US$1.2 billion, according to Bloomberg calculations.

The firm said the step is in line with its existing management of liquidity for the fund and a “foundational” feature of the fund.


“Without it, there would be a structural mismatch between investor capital and the expected duration of the private credit loans in which HLEND invests,” the company said in the statement.

The non-traded BDC, known as HLEND, offered last month to tender as much as 5 per cent of its shares, as is typical for such business development companies. It faced withdrawals of about 4.1 per cent in the prior period.

Private credit funds broadly are bracing for a wave of redemption requests as angst grows around the industry’s lending practices and exposure to businesses that could be upended by artificial intelligence. HPS Investment Partners is one of the largest alternative credit managers and was purchased last year by BlackRock.
 

UAE and Kuwait Start Oil Output Cuts After Hormuz Blockage​




The Ruwais refinery and petrochemical complex, operated by Abu Dhabi National Oil Co. (ADNOC), in Al Ruwais, United Arab Emirates.

The Ruwais refinery and petrochemical complex, operated by Abu Dhabi National Oil Co. (ADNOC), in Al Ruwais, United Arab Emirates.
Photographer: Christophe Viseux/Bloomberg
By Fiona MacDonald and Anthony
 

America Braces for Oil Shock as Iran War Throttles Supply​

U.S. oil prices this week skyrocketed at their fastest pace on record​

By

David Uberti
Follow

March 6, 2026 at 7:00 pm ET



Shipping trucks exit the Port of Los Angeles, with cargo cranes and ships visible across the water.
Conflict in the Middle East has disrupted shipping around the world.CHRIS TORRES/EPA/SHUTTERSTOCK
About 8,000 miles from the Middle East, where U.S. forces massed over the past month to prepare for war, Heather Griffith has been jotting a string of rising numbers into a notebook.

The trucker catalogs diesel prices each time she fuels up for the roughly 500-mile round trip she makes six nights a week hauling modular dorm rooms from outside Los Angeles to California Polytechnic State University. A more than $1-a-gallon run-up since January shaves about 5% off her earnings for most journeys.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
 
Back
Top