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19-11-2008, 10:33 PM

sgstocks

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Singapore car tax prices make U-turn in downturn

SINGAPORE, Nov 19 (Reuters) - Car tax prices in Singapore, one of the world's most costly places to buy vehicles have plunged to a record low of just two dollars for small cars, from over S$10,000 ($6,549) last month, as demand stalled.

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