What comes after COE hike?
The surge in COE prices must have brought smiles to many people and to the state's coffer. Maybe some will filter down to help the needies. But what else will be affected by this COE good news? The car owners will be affected immediately and positively with the resale values going up. On the negative side, taxis and buses, I think they need COEs too. So be prepared for higher taxi fares and maybe bus fares. Hopefully the MRT is not affected by COE hikes and would not raise MRT fares. But their staff travel by cars and vans. So the hike still affects their cost. All transport agencies or businesses will be affected if the cost of vehicles goes up. And this will just trickle down the line for sure. This is one thing that must be passed down to the consumers. School buses? The cost of living will move up nicely.