Singapore to cut vehicle growth rate to 0.5% next year

Yahoo! Singapore News, 1 Oct 2011
The growth of new vehicles in Singapore will be gradually reduced from the current 1.5 per cent to 0.5 per cent by August 2012.
Outlining the gradual change, the Land Transport Authority said on Friday that the current 1.5 per cent rate will be maintained from next February until July 2012 and will be lowered to 0.5 per cent in August. Full story

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