S'pore rated highly as seat of international arbitration: study
Its stature set to grow even more with region becoming increasingly popular choice
[SINGAPORE] Singapore's standing as a preferred seat of international arbitration is not only growing, but will be supported by the region becoming one of the most popular choices for international arbitration in the future.
This is according to a global report from international law firm Berwin Leighton Paisner (BLP), which surveyed 53 legal practitioners - including lawyers working in law firms, as well as corporate counsel - from 34 jurisdictions.
The bulk (85 per cent) of the respondents said they were regular users of international arbitration, while more than two-thirds said their firm or organisation had practitioners who sat as arbitrators.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Cut aid for livestock farms to help climate fight, World Bank says
PM Modi votes as India’s marathon election heats up
US, Chinese climate negotiators meeting on greenhouse gas curbs
Japan’s service activity extends gains on solid demand, PMI shows
Australia’s retail sales volumes fall 0.4% in Q1
Xi bristles at criticism of China over the war in Ukraine