most thais would not dream of owning such a car,the only type of people with 1 million baht spare cash are foreigners and rich thai chinese businessmen.It is thanks to PAP that sinkies are rich enough to afford 100k cars.
it's an excellent system to keep cars off the road. pap is the best!
Take train better lah! Less stress! Cheaper!
Don't have to feel indebted!
As population grows, gdp per capita decreases if the economy does not grow accordingly.
who the fuck is CLSA? nonsense article. COE prices will fall when pay per use ERP is introduced island wide.
Can un vote in 2020
200k COE will costly to car owners but even more costly to the Government who may lose 2000k votes. They surely know this because they are not as stupid as CLSA.
Where the 2000K anti-pappies votes to come from? From foreigners unhappy about not owning cars? Not likely. Owning cars is not prime consideration of foreign imported shits. The tiongs will cycle, their favourite pastime, the ah nehs will walk, their favourite pastime to save bus fares. If pappies were to ban all cars on the road, local sinkies will die but these imported shits can still travel.
People forget that COE prices are a function of supply and demand. The supply of COEs has actually gone up over the years, with more COEs released than cars scrapped every year, but demand has far outstripped supply. So COE prices have skyrocketed.
Where does the increased demand come from? The local native population is shrinking, with a fertility rate of about 1.2, so it's not locals adding significantly to the demand (though as incomes increase there will be locals who'll want to switch from public transport to car ownership). It's from foreigners and new immigrants! Our population has increased by 1 million in less than 10 years – every expat (Indian, ang mo, PRC) family I see in my private estate owns at least two cars. That's 2 cars less for native-born Sinkies for each new immigrant or expat family setting up home here. Do a survey of Chennai Business Park and find out how many car owners work there.
So can you imagine the pressure on COE prices with 6.9 million people? Esp when the govt is already targeting zero COE growth because of limited road and land space? The 70% voted for this, so they deserve it.
So can you imagine the pressure on COE prices with 6.9 million people? Esp when the govt is already targeting zero COE growth because of limited road and land space? The 70% voted for this, so they deserve it.
That is why I suggested that premium be charged to foreigners and PR when they bid for COE.
That is why I suggested that premium be charged to foreigners and PR when they bid for COE.
Ah neh take MRT then can rubba rubba, or sleep when drunk.
So, you want pappies to chase away foreigners and SPRs when they are more important to pappies than locals?
Pappies hope to turn them into imported shits to get their votes, and they know they won in GE2015 because of the votes from these imported shits.
And how does that benefit the people?
Amazing, until now still got people think that gov policy is to benefit the people.