Car ownership in Singapore has never felt more out of reach — with COE prices soaring past six figures, often eclipsing the cost of the car itself. 

The latest bidding round in July saw yet another spike, raising fresh questions: is this simply the cost of a land-scarce nation, or is it time to rethink the COE system altogether?

But, would an overhaul of the COE system create more problems than it solves?

On The Hot Seat, Hongbin Jeong speaks with Say Kwee Neng, Managing Partner, ONE Strategic Consulting LLC and Terence Fan, Assistant Professor Strategy & Entrepreneurship, Lee Kong Chian School of Business, SMU, to find out more.

Car ownership in Singapore has never felt more out of reach &mdash; with COE prices soaring past six figures, often eclipsing the cost of the car itself.&nbsp;
The latest bidding round in July saw yet another spike, raising fresh questions: is this simply the cost of a land-scarce nation, or is it time to rethink the COE system altogether?
But, would an overhaul of the COE system create more problems than it solves?
On The Hot Seat, Hongbin Jeong speaks with Say Kwee Neng, Managing Partner, ONE Strategic Consulting LLC and Terence Fan, Assistant Professor Strategy &amp; Entrepreneurship, Lee Kong Chian School of Business, SMU, to find out more.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.

In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore&rsquo;s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.
In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station.

MONEY FM 89.3

Your evening guide to the day's most important topics — navigate the key events in politics, business, markets, wealth management, and top investment opportunities. Keeps you informed and ahead of the curve, daily.

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

The Hot Seat: Is it time to overhaul Singapore’s COE system to better account for social equity?

Welcome to the Friday edition of What's Trending!

Hongbin Jeong and Nadiah Koh get festive as they unpack a Christmas chart twist: Mariah Carey’s All I Want for Christmas Is You has been dethroned by Wham!’s Last Christmas. Is the Queen of Christmas losing her crown, or still winning where it counts? They also dive into a viral story from South Korea, where a 20-year-old LG air conditioner turns out to have a logo made of pure gold,  sending people scrambling to check their old appliances. And to wrap things up, a TikToker tests which country has the cleanest streets by walking around in white socks, with Singapore, Japan and China all in the running.

 

Welcome to the Friday edition of What's Trending!
Hongbin Jeong and Nadiah Koh get festive as they unpack a Christmas chart twist: Mariah Carey&rsquo;s&nbsp;All I Want for Christmas Is You has been dethroned by Wham!&rsquo;s Last Christmas. Is the Queen of Christmas losing her crown, or still winning where it counts?&nbsp;They also dive into a viral story from South Korea, where a 20-year-old LG air conditioner turns out to have a logo made of pure gold,&nbsp; sending people scrambling to check their old appliances. And to wrap things up, a TikToker tests which country has the cleanest streets by walking around in white socks, with Singapore, Japan and China all in the running.
&nbsp;

What's Trending: Christmas queen loses her crown, your old air-con might be worth gold & socks on Singapore streets?

Travelling to China just got a digital upgrade. Singaporeans can now use China’s e-CNY, the digital renminbi, through a new pilot program that lets travellers top up digital wallets directly from their Singapore bank accounts.

But what does this mean beyond convenience? Is it simply another payment option, or part of a larger plan to expand China’s currency influence globally?

On The Big Story, Hongbin Jeong speaks with Dr. Ernie Teo, Senior Lecturer, and Program Director for the Bachelor of Applied Computing in Finance, Nanyang Technological University to unpack the rise of the e-CNY for tourists and explore its broader implications for digital payments and state-backed currencies.

Travelling to China just got a digital upgrade. Singaporeans can now use China&rsquo;s e-CNY, the digital renminbi, through a new pilot program that lets travellers top up digital wallets directly from their Singapore bank accounts.
But what does this mean beyond convenience? Is it simply another payment option, or part of a larger plan to expand China&rsquo;s currency influence globally?
On The Big Story, Hongbin Jeong speaks with Dr. Ernie Teo, Senior Lecturer, and Program Director for the Bachelor of Applied Computing in Finance, Nanyang Technological University to unpack the rise of the e-CNY for tourists and explore its broader implications for digital payments and state-backed currencies.

The Big Story: Is China’s digital yuan a new tourist tool or a financial power move? 

For the first time, a tokenized fund will be open to the public, thanks to MAS approval for a collaboration between Franklin Templeton and DBS. Could this be the start of a whole new way to invest, diversify, and engage with the market.

On Wealth Tracker, Hongbin Jeong speaks to Jason Jiang, CBO at CertiK, to find out more.

For the first time, a tokenized fund will be open to the public, thanks to MAS approval for a collaboration between Franklin Templeton and DBS. Could this be the start of a whole new way to invest, diversify, and engage with the market.
On Wealth Tracker, Hongbin Jeong speaks to Jason Jiang, CBO at CertiK, to find out more.

The Hot Seat: Is it time to overhaul Singapore’s COE system to better account for social equity?

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