Reuters, 19 Nov 2008, Saeed Azhar and Melanie Lee
SINGAPORE, Nov 19 (Reuters) - Car tax prices in Singapore, one of the world's most costly places to buy vehicles have plunged to a record low of just two dollars for small cars, from over S$10,000 ($6,549) last month, as demand stalled.
The Certificates of Entitlement (COE), which allow Singaporeans to own a car, also slid 59 percent to S$4,889 for bigger cars in an auction on Wednesday, transport regulator the Land Transport Authority said on its website
Read More
