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New centre to focus on mediating international commercial disputes on the regional and global stage

The launch of the new centre to be known as the Singapore International Mediation Centre or SIMC took place today at Maxwell Chambers. The building is also home to the Singapore International Arbitration Centre (SIAC).

Rising intra-Asia trade and a conducive legal regulatory environment are factors that contributed to Singapore’s rise as a major arbitration centre. Two upcoming centres are expected to extend the Republic’s role in arbitration. 

SINGAPORE: Trade within Asia is growing faster than anywhere else in the world. According to Citi, intra-Asia trade makes up a quarter of Asia’s annual exports of US$6 ...

Specialist mediators available to settle disputes in fields like banking, shipping, construction.

The Republic is well equipped to fill the choice position of Asia’s arbitration hub

Recent developments in Singapore demonstrate its intention to position itself as a leading dispute resolution centre in Asia.

Singapore is already widely recognised as a centre for arbitration. It is the third most popular arbitral seat internationally and SIAC is the fourth most popular arbitral institution. Singapore is a signatory to the New York Convention and SIAC awards have been enforced ...

An announcement on the increasing number of family offices set up in Singapore last week highlights how the Republic woos ultra wealthy families to manage their wealth, says Singapore Incorporation.

The forthcoming Singapore International Mediation Centre (SIMC) and Singapore International Commercial Court (SICC) will improve the range of dispute resolution venues available to the international business community, legal experts have said."

The two institutions will meet the growing demand for neutral venues in which to launch cross-border transaction dispute processes which are transparent ...

Concerted efforts to bring in foreign competition and internationalise legal services have yielded benefits