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COEs quota to be cut
Wed, Sep 17, 2008
The Straits Times

THE Land Transport Authority is expected to announce a cut in COE numbers for the October-March period later on Wednesday.

Motor industry sources reckon the reduction to be anywhere between 10 and 20 per cent, with the car COE supply bearing the brunt of the mid-quota year adjustment.

The announcement is likely to come after the end of Wednesday's tender execise at 4pm.


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