![Terence Fan , Assistant Professor of Strategy & Entrepreneurship (Education)](/sites/business.smu.edu.sg/files/news/smu-terence-fan-ping-chin-assistant-professor-lkcsb-2018-2_2.jpg)
On the Certificate of Entitlement (COE) premiums closing mostly higher in the latest bidding exercise, Assistant Professor of Strategy & Entrepreneurship Terence Fan comments that Singapore is likely facing a downward trend of pricing when facing an increase in COEs and that it is still debatable whether the government should implement a separated pool of COEs for private hire vehicles.