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SINGAPORE BUDGET 2020

Buyers of light goods vehicle get green incentive

Cleanest light goods vehicle to get S$30,000 incentive, most polluting ones will incur a S$10,000 surcharge

Singapore

A NEW Commercial Vehicle Emissions Scheme (CVES) will offer buyers of clean light goods vehicles an incentive while imposing a surcharge if they buy vehicles that are pollutive.

Under the CVES, the cleanest light goods vehicles will receive a S$30,000 incentive, while the...