COE prices may only decrease in second half of 2023

SINGAPORE – Certificate of entitlement (COE) premiums went on a relentless upward march for much of 2022, with all-time highs set in four out of five categories – larger and more powerful cars, commercial vehicles, motorcycles and the Open category. Premiums for the remaining COE category – for cars with less power – ended $1,511, or 1.6 per cent, shy...