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Vocational licence rule seen helping to soften car COE premiums

Industry observers say private-hire car companies Uber and Grab held back on their bids for COEs ahead of the June 30 deadline for private-hire car drivers to submit their applications for the PVDL.


THE requirement that private-hire car drivers hold a vocational driving licence kicks in only next month, but its effect has already been felt in the latest round of bidding for certificates of entitlement (COEs), say observers.

COE premiums for all three categories of...

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