Are COEs broken? How to fix Singapore’s car quota system

Singapore’s Certificate of Entitlement (COE) system has sparked public frustration again, especially after recent comments from Acting Transport Minister Jeffrey Siow defending private hire car allocations.  In this episode, BT’s Derryn Wong speaks with economist Walter Theseira to unpack whether private hire cars really drive up COE prices, the bigger issues with the COE system, and what an ideal, more equitable policy could look like in future Singapore. --- Written and hosted by: Derryn Wong ([email protected]) With Walter Theseira, Associate Professor of Economics, Singapore University of Social Sciences Edited by: Emily Liu & Claressa Monteiro Produced by: Derryn Wong, Emily Liu & Howie Lim A podcast by BT Podcasts, The Business Times, SPH Media Share your thoughts with us at [email protected]. --- Follow BT Correspondents: Channel: bt.sg/btcobt Amazon: bt.sg/btcoam Apple Podcasts: bt.sg/btcoap Spotify: bt.sg/btcosp YouTube Music: bt.sg/btcoyt Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. Discover more BT podcast series: BT Money Hacks at: bt.sg/btmoneyhacks BT Mark To Market at: bt.sg/btmark2mkt  WealthBT at: bt.sg/btwealthbt  PropertyBT at: bt.sg/btpropertybt BT Podcasts at: bt.sg/podcasts BT Market Focus at: bt.sg/btmktfocus BT Branded Podcasts at: bt.sg/brpod BT Lens On: bt.sg/btlensonSee omnystudio.com/listener for privacy information.