Derryn Wong

China brands and Tesla race up the charts as traditional carmakers lose more ground 

Wu Chong is alleged to have evaded taxes on 123 cars, while another car dealer, Goh Chee Sing, faces charges for funding him

The charges relate to around S$15,000 in underpaid GST and excise duty; he faces a maximum fine of around S$300,000

Observers say the market has normalised, though strong demand may mean little hope of major price drops

Inchcape has confirmed the departure and is searching for a replacement

Its strategy includes a central, data-enabled platform and expanding its aviation and food businesses

Singapore’s air hub will be boosted by South-east Asia’s aviation growth while it also works to reduce costs

Businesses ask for ways to lower commercial vehicle COE premiums or make them fairer as costs surge

It notes that its AI investments are subject to the same standards as all capital allocation decisions

The likes of Zontes and CFMoto have zoomed into the top ranks for new registrations, with competitive prices and attractive designs