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The 1996 Rail Financing Framework was a scheme that set out the financing framework of the rail transport system. In the white paper, it was phrased that the financing framework of the rail transport system would eventually be run on the basis of partnership, which the government and its regulatory authority would provide the assets and infrastructure (which remain fully owned by the ...
The e−procurement platform used in Singapore has been commercialized by IDA International. [ 5 ] For non−government agencies and businesses that want to adopt the Singapore Government's procurement best practices, the new GeBIZ platform will operate on a Software−as−a−Service platform, enabling businesses to pay according to specified ...
ACRA is the regulator of business registration, financial reporting, public accountants and corporate service providers. ACRA is also responsible for developing the accountancy sector and setting the accounting standards for companies, charities co-operative societies, and societies in Singapore.
Singapore was the first city in the world to implement an electronic road toll collection system for purposes of congestion pricing. [6] Its use has inspired other cities around the world in adopting a similar system, particularly London 's Congestion Charge Zone (CCZ) , Stockholm 's congestion tax , [ 7 ] and New York City 's Central Business ...
Currently, the ministry commissions and regulates four individual government statutory boards: the Civil Aviation Authority of Singapore (CAAS), the Land Transport Authority (LTA), the Maritime and Port Authority of Singapore (MPA) and the Public Transport Council (PTC), which implement the ministry’s policies and tactical directions.
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The Certificate of Entitlement (COE) are classes of categories as part of a quota license for owning a vehicle in Singapore. [1] The licence is obtained from a successful winning bid in an open bid uniform price auction which grants the legal right of the holder to register, own and use a vehicle in Singapore for an initial period of 10 years.
Autopass Card is a stored-value smart card that allows paying VEP fees, toll charges and ERP fees in Singapore.The card is sold only to foreign motorists. As vehicle information is encoded in the card, it is not transferable between vehicles.