Excerpt from CNA:
Still on transport issues, Ms Low Yen Ling has questions on Certificate of Entitlement (COE) premiums. She wants to know how these affect the cost of living, and whether the government will consider reviewing the COE system in view of the rising cost of living.
Mr Lim Biow Chuan is asking if the LTA will consider more measures to curb excessive bidding for COEs, such as a 'pay as you bid' system. He also wants to know if the LTA will prohibit car dealers from bidding for COEs and paying for the COE deposit on their customers' behalf to rein in rising prices. CHANNEL NEWSASIA
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