[fa icon="calendar'] Apr 14, 2019 @ 07:45 PM / by Alex Davis

Singapore as seen during a recent AIRINC cost of living survey.

Impact of the Vehicle Quota System (VQS)

Singapore can be one of the most expensive places in the world to purchase a vehicle because of the Certificate of Entitlement (COE), which is required for purchasing a car and allows for ownership for a period of ten years. 



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[fa icon="calendar'] Mar 28, 2019 @ 12:05 AM / by Alex Davis

AIRINC Gasoline Price Tracking Report: Q1 2019

Global gasoline prices fell this quarter compared with our data from six months ago. Oil prices hit a recent high in early October but have fallen sharply since. US crude, for example, had its weakest month in a decade as the price plummeted 22% in November.



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[fa icon="calendar'] May 11, 2018 @ 12:39 PM / by Alex Davis

 

DICOM auctions, Black Market, and elimination of the DIPRO rate in Venezuela

The DICOM auctions in Venezuela, suspended since August 31, 2017, have resumed. The results of the first auction since the suspension were published on February 5 and marked a significant devaluation, from 3,345 VEF to 25,000 VEF to the dollar.



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[fa icon="calendar'] Jan 23, 2018 @ 03:44 PM / by Alex Davis

Venezuela and the VEF Exchange

The DICOM auctions introduced on May 31 were suspended after the August 31 auction, which was voided.



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[fa icon="calendar'] Jul 20, 2017 @ 10:14 AM / by Alex Davis

Another Currency Auction in Venezuela

On May 31, Venezuela announced the results of the first currency auction for its new DICOM exchange rate, the fifth such currency control mechanism introduced since 2003.



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