The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Delayed COE tender unnerves car dealers

Speculation rife that Monday's Budget will unveil major shift in vehicle ownership policy

Published Fri, Feb 17, 2017 · 09:50 PM
Share this article.

Singapore

THE postponement of the next certificate of entitlement (COE) bidding exercise is giving the car industry the jitters.

The COE tender, the second for February, should have started on Monday and ended on Wednesday, but will now start on Wednesday and conclude on Friday, the Land Transport Authority announced on Friday.

Because Monday is Budget Day, there has been frenzied speculation.

Pang Cheong Yan, Wearnes Automotive's managing director in charge of Aston Martin and Bentley, said: "T…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Transport & Logistics

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here