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Old 08-08-2012, 04:55 PM   #1
Lt_Apple

Join Date
Dec 2008
Posts
4,489
Senior Member
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In economics term, the increase of 2 million foreigners has drastically shifted the Demand curve for COEs. Even with steady supply, the shift in the Demand curve caused price of COEs to increase. Coupled with Raymond Lim's mistakes in COE calculation a few years ago, Singaporeans are suffering. This will in turn affect businesses and Singaporeans' lives
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