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Live Updates  >  Live Update Details

2026-02-13 17:12:51

[Singapore's Vehicle Quota Premium Revenue Reaches S$8.66 Billion, Exceeding Government Expectations] ⑴ In the year ending March 2026, Singapore's vehicle quota premium revenue reached S$8.66 billion. ⑵ This amount is approximately 31% higher than the government's initial forecast a year ago. ⑶ Including motor vehicle taxes, the total revenue received by the Singapore government reached S$11.05 billion. ⑷ This figure exceeds Fiji's annual GDP. ⑸ Singapore operates a vehicle quota system, requiring each vehicle to obtain a Certificate of Entitlement (COE) through auction before it can be driven on the road.

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