The Business Times

Disputes

International

Chinese-backed airline GallopAir wins ownership fight for aviation consultancy over former partner

IReit’s manager says it intends to contest the claimed by DRV relating to its Berlin Campus (pictured).
Reits & Property

IReit Global’s German subsidiaries served with payment order by former tenant

Sim Leisure owns and operates the Escape outdoor adventure park in Penang, the Escape Challenge indoor park at Paradigm Mall in Petaling Jaya, and KidZania Kuala Lumpur.
Companies & Markets

Sim Leisure to receive compensation after settling theme park dispute with Bandar Malaysia

Minister for Law Edwin Tong and ICSID secretary-general Martina Polasek at Singapore Convention Week 2025 signing the Letter of Intent to establish an ICSID office in Singapore.
Singapore

International investment dispute body to open branch in Singapore

Pixgeneric / Office workers crossing Cross Street near Lau Pa Sat in the CBD area on April 7, 2025. Asian markets extended a global stock rout on April 7 and Wall Street futures sank as US President Donald Trump refused to roll back global tariffs that could push the world into a recession. Singapore’s Straits Times Index (STI) plunged 8.57 per cent, or 328.20 points, to 3,497.66 when trading opened. The drop marked the the blue-chip index’s largest intraday loss since the 8.9 per cent plunge during the global financial crisis on Oct 24, 2008, and exceeded the 8.4 per cent fall seen during the Covid-19 sell-off on March 23, 2020. 
Companies & Markets

Fidrec extends jurisdiction to include claims from small businesses and charities from July

Nanyang Old Coffee's flagship outlet at the junction of South Bridge Road and Smith Street.
Property

Chinatown Business Association seeks S$77,700 from Nanyang Old Coffee over use of outdoor area

HomeMatch interviews and screens renovators before onboarding them.
Property

Vetting, contracts, warranty: HomeMatch introduces safeguards for homeowners

MBAS' BuildTrust Construction Quality Assessment Scheme can be applied to private landed properties and micro-projects with contract values below S$5 million.
SGSME

Rise in landed housing construction disputes – and a new fix

Without two non-cash impairments, Fu Yu expects to record an operating profit in FY2024.
Companies & Markets

Fu Yu warns of FY2024 loss due to nearly S$4 million in non-cash impairments

Henn Tan, founder and ex-chairman of Trek 2000 International, is alleged to have made fradulent representations that Ron Sim and Osim relied on when purchasing stock in the company.
Companies & Markets

Ron Sim and Osim send legal letter of demand to Trek 2000 International’s current and former chairmen

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