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  1. Bros, maybe time to think of second- or third-hand rides... From ST Forum: http://www.straitstimes.com/STForum/Story/...ory_806066.html COE prices are unlikely to fall: Experts Published on Jun 2, 2012 WE NOTE that consumers in general are expecting a decline in premiums of certificates of entitlement (COEs) following the Land Transport Authority's announcement that it will pull back on its drive to crimp the growth of the vehicle population here ('Government answers call to ease COE crunch'; Thursday). In our analysis based on current deregistration numbers, despite the recent measures, the Category A quota - for cars of 1,600cc and below, and taxis - is expected to fall by some 40 per cent from current levels. It is unlikely the COE premium will decline for this category. Tan Wah Sern Executive Secretary Motor Traders Association -------------------------------------------------------------------------------- WHILE the revised COE quantum formula averts a worse situation, it does not address the system's boom and bust cycles. In view of the uncertain number of deregistrations until the end of this month, an objective way to assess the revised formula is to apply it to the present February-to-July allocation window. With annual growth allowance raised to 1 per cent in lieu of 0.5 per cent from August this year, and the temporary suspension of negative adjustments due to past oversupplies, the average number of COEs across all categories for each bi-weekly auction would be about 1,786 compared to the current 1,846. Some 627, 331 and 151 COEs would be available in Categories A (for cars with engine size 1,600cc and below and taxis), B (for cars with engine size above 1,600cc) and E (unrestricted) respectively. These numbers account for the lower provision of COEs in Category E from August. The average number of COEs in the forthcoming allocation window between August and next January will most likely be below 1,786 per bi-weekly auction due to fewer deregistrations this year compared to the second half of last year. Thus, the COE premiums can be expected to stay at their high levels. Singfat Chu Associate Professor of Analytics NUS Business School
  2. I think PIE near Eunos exit is one of them. The road is wide and straight and yet accidents happen there fairly regularly.
  3. Flavio Briatore is unlikely to be extradited to Singapore. Renault's former managing director Flavio Briatore and the team's former executive director of engineering Pat Symonds could be extradited to Singapore to face criminal charges in connection with the race-fixing claims during last year's grand prix, but legal experts think it unlikely. Reports claimed the pair could face legal action in Singapore after they were accused of asking Nelson Piquet Jr to crash in order to help his team-mate Fernando Alonso win the race. A lawyer said any extradition would depend on two points. "One, are they based in countries with which Singapore has an extradition treaty? And, two, is what they've done considered an extraditable offence?" Nicholas Narayanan told Singapore Law Watch. Briatore is an Italian citizen while Symonds is a UK citizen. Singapore has an extradition treaty with the UK but not Italy. The pair could be charged with three offences under Singapore law, according to the lawyer: causing malicious or willful damage to property, endangering a vehicle and criminal conspiracy to commit a serious crime. Singapore could request extradition from a Commonwealth country for someone charged for offences which are deemed "extradition crimes". However, it is unlikely that any charges Briatore and Symonds might be asked to answer would be considered as such. Moreover, the country would be loth to attract the bad publicity any such move would attract.
  4. Wah damn sad man Look like I cannot recieve delivery of my Skoda forever. After almost 10 months wait Skoda now tells its 60 outstanding buyers with JTA that they can place new order with new distributor and they have nothing to do with JTA.
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