In the same event, the DOTr awarded
certificates of entitlement to 20 out of 183 beneficiary families residing along the right of way of the proposed subway system, with the remaining undergoing pre-qualification process.
It does this by tightly controlling the number of permits issued, called
Certificates of Entitlement (COEs), which grant aspiring owners the right to purchase and own a private vehicle.
Singapore is also projected to experience a fall in sales owing to an expected reduction in the number of
Certificates of Entitlement issued by the government.
Let's adopt Singapore's system of getting '
certificates of entitlement' (COE) before buying new vehicles.
Singapore uses
certificates of entitlement (COEs) to control the number of vehicles on its roads.
In a ceremony in Bocaue town in Bulacan province north of Manila, Aquinohanded over
Certificates of Entitlement to Lot Allocations to the beneficiaries represented by two members each from the national police (PNP) and the the armed forces (AFP).
It has decided to repay 40 per cent of the capital invested in its
certificates of entitlement, loan stock and preference shares with effect from October 1.