Committee of Supply 2022 debate, Day 6: Liang Eng Hwa on high COE premiums for motorcycles
While the market-based approach to allocate Certificates of Entitlement (COEs) is efficient, it may not always lead to "desirable" economic and social outcomes, said MP Liang Eng Hwa. Speaking in Parliament on Wednesday (Mar 9), he asked what the Government can do to moderate or bring down motorcycle COE premiums to more affordable levels.
While the market-based approach to allocate Certificates of Entitlement (COEs) is efficient, it may not always lead to "desirable" economic and social outcomes, said MP Liang Eng Hwa. Speaking in Parliament on Wednesday (Mar 9), he asked what the Government can do to moderate or bring down motorcycle COE premiums to more affordable levels.