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Cab companies could be allowed to bid for COEs
Rule against this, implemented in 2012 to address complaints that it was driving up car premiums, said to be under review
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Regulations banning cab firms from bidding for COEs were put in place in 2012, but are being reviewed.
PHOTO: ST FILE
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Taxi operators may soon be allowed to compete with car buyers for certificates of entitlement again - a move which may fuel competition for COEs.
Regulations banning cab firms from bidding for COEs were put in place in 2012 to address a longstanding gripe among car buyers and sellers that taxis were driving up premiums and providing unfair competition.
