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The Progress Singapore Party (PSP) has proposed a hybrid Certificate of Entitlement (COE) system that takes into account both economic and social factors in the allocation of private vehicles, which will only apply to categories A, B and D. NCMP Hazel Poa highlighted the key features in an adjournment motion in Parliament on Tuesday (Jan 7). She also proposed the creation of a separate COE category for private-hire cars. Elaborating on the COE system that takes into account needs factors, she said bids should be placed using COE credits. These would be distributed by the Government to adult Singapore citizens and Permanent Residents each month. The number of COE credits received by each person will depend on factors such as nationality and the number of children they have. Responding, Senior Minister of State for Transport Amy Khor noted that while a COE credits allocation framework may be well-intentioned, it is unlikely to be effective in practice. She pointed out that it is rather complicated, and Singapore’s system today has a transparent single price mechanism for every bidding exercise. More details here: https://cna.asia/42bcJGG