Results for the August 2007 2nd Open Bidding Exercise were released on 22 August 2007 at 1600hrs. Good news as prices have decreased for most categories since the last open bidding at the start of August 2007. Vehicles in Cat A saw the highest drop in prices by $8883. Prices for vehicles in Cat B and Cat E also dropped considerably by $1991 and $701 respectively. Vehicles in Cat D saw the smallest drop of the lot by $62. Only vehicles in Cat C saw an increase in prices by $1123. Full results can be viewed in the table below.

It’s SPC&U’s 2nd Birthday! From now till 30th September 2007, fill up at all SPC stations islandwide and you can get an EXTRA 3% discount with your SPC&U Petrol Card.

Results for the August 2007 1st Open Bidding Exercise were released on 08 August 2007 at 1600hrs. All prices have increased since the last open bidding in mid July 2007. Vehicles in Cat A and Cat C saw the highest increase in prices by $1001 and $1878 respectively. Prices for vehicles in Cat B increased by $399 and prices for vehicles in Cat E increased by $593. Vehicles in Cat D saw the smallest increase in prices by $199. Full results can be viewed in the table below.

The Land Transport Authority (LTA) has completed its quarterly review of traffic conditions on Electronic Road Pricing (ERP)-priced roads and expressways, and will be revising the ERP rates at the following gantries:

*ERP rates per Passenger Car Unit (PCU)

The revised rates will apply from Monday, 6 August 2007.