ST senior transport correspondent Lee Nian Tjoe, Mr Neo Nam Heng, adviser to the Automobile Importer and Exporter Association and chairman of diversified motor group Prime, podcast producer Teo Tong Kai and Mr Neo Tiam Ting, President of Singapore Vehicle Traders Association.
Synopsis: In this new podcast, The Straits Times offers expert insights if you are in the market for a new vehicle or are tracking transportation trends. Certificate of entitlement premiums have doubled from what they were a year ago with expectations that they will continue to rise. This translates to higher vehicle prices.
To understand what is driving up COE prices and what can be done about it, host Lee Nian Tjoe speaks with two motor industry veterans - Mr Neo Tiam Ting, President of Singapore Vehicle Traders Association, and Mr Neo Nam Heng, adviser to the Automobile Importer and Exporter Association and chairman of diversified motor group Prime.5:48 Why the industry experts say that it is the private-hire fleet owners that are driving up the COE.12:35 Car rental companies are having it too easy.
Source: News Formal (newsformal.com)