Singapore is known for having one of the most regulated automotive markets in the world. A key regulation that shapes vehicle ownership in the country is the COE, or Certificate of Entitlement. This system plays a major role in determining who is eligible to own a vehicle, including commercial vehicles such as vans, light trucks, and logistics vehicles. But what exactly is COE, and how does it impact commercial vehicles? What is COE? The Certificate of Entitlement (COE) is a permit that grants the right to own and use a vehicle on Singapore roads for 10 years. To obtain a...