Randy Ang's Reel

A system with good intentions resulted in the lost of a close friend. The Certificate of Entitlement (COE), instituted by the government of Singapore since May 1990, is a program designed to limit car ownership, and hence, the number of vehicles on the country's roads. This system, in effect, requires residents of Singapore to bid for the right to buy a motor vehicle, with the number of certificates deliberately restricted. The COE allows holders to own a car for a period of 10 years, after...