Category Archives: Singapore

Singapore urged to take lead in ethics code for arbitration

Former attorney-general V. K. Rajah wants Singapore to take the lead in forging an international ethics code for arbitration practice. He said such a move would help the country at a time when it has become the top venue in Asia for dispute resolution. He told the Singapore Institute of Arbitrators recently that Singapore has […]

Singapore Considers Limiting Use of NRIC Numbers

With the aim of protecting data privacy, the government of Singapore is considering taking steps to greatly reduce the use of the National Registration Identity Card numbers for verifying consumers’ identities. The NRIC number is a unique identifier that the government assigns to each Singapore resident. It’s often used as a required document or identifier […]

Singapore offers world’s most powerful passport

When it comes to global travel, not all passports are created equal. But which one rules them all? According to the Passport Index, that honor now belongs solely to Singapore thanks to a recent decision by Paraguay to remove visa requirements for passport holders of the Asian city-state. Developed by international residence and citizenship advisory […]

Monetary Authority of Singapore issues new VC fund manager rules

The Monetary Authority of Singapore (MAS) – the country’s central bank – today revealed a streamlined framework for the regulation of VC fund managers. The relaxed requirements for managing VC funds are intended to make it easier for startups to access growth capital. The revised rules largely reflect proposals put forward by MAS alongside a […]

AI Enters Singapore Law Firm

The WongPartnership is the first Singapore law firm to harness artificial intelligence and document automation. It is not only the financial sector that is facing technology challenges, the legal sector is also being infiltrated. As part of WongPartnership’s legal technology vision, the firm has deployed artificial intelligence (AI) and document automation technology to enhance and […]

Britain, Singapore in ‘premier league’ of litigation and arbitration centres

Singapore and Britain are home to successful international legal centres because they have an open and liberal approach to providing legal services. And given their close trade links and shared perspectives, both countries stand to learn from each other, said Advocate-General for Scotland Richard Keen. Lord Keen, 63, who is also Britain’s Ministry of Justice […]

For Singaporean enterprises, to expand is to survive

On September 5, 2017, Singapore announced that two prominent government agencies, International Enterprise Singapore (IE Singapore), and SPRING Singapore, will merge into a new agency, Enterprise Singapore, by 2018, to help Singaporean companies grow and go global.

Singapore to have new academy to train cybersecurity professionals

More needs to be done even as Singapore has made “good progress” in building up its cybersecurity capabilities, as it is more exposed than many other countries to cyberattacks, said Acting Prime Minister Teo Chee Hean on Tuesday (Sep 19).