CNA938 Rewind - Will rise in COE quota from May to July lead to lower premiums?
Ahead of the COE bidding exercise in May, more COEs will be available for tender from May to July, compared with the February to April period. There will be 1,099 or 6.4% more COEs bringing the total to 18,232 certificates available for bidding. Susan Ng and Hairianto Diman examine the impact of this rise on COE premiums for the period with Say Kwee Neng, Managing Partner, ONE Strategic Consulting LLC and automotive industry veteran.