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Intergovernmental organisation Permanent Court of Arbitration is setting up its first Asian office in Singapore to administer PCA hearings in the city-state and the region.
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As part of its efforts to become the Asian region’s leading centre for disputes, Singapore is looking to usher in third-party funding for arbitration
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Singapore’s parliament has passed two separate bills – the Civil Law (Amendment) Bill 2016 and the Civil Law (Third-Party Funding) Regulations 2016, clearing the way for third-party funding (TPF) in certain areas of dispute resolution.
By ALB
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Singapore Big Four firm WongPartnership has opened an office in Yangon, Myanmar, as it looks to expand its Asian footprint.
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PACC Offshore Services Holdings (POSH) is looking to raise between $304 million and $334 million in a Singapore listing, according to a term sheet seen by Reuters.