Arbitration draws more players from abroad to S'pore as more growth expected

The Singapore International Arbitration Centre was ranked as the most preferred arbitral institution in Asia-Pacific.
PHOTO: LIANHE ZAOBAO
New: Gift this subscriber-only story to your friends and family

SINGAPORE - Singapore's standing as a leading international arbitration powerhouse has drawn more law firms from abroad with arbitration practices to set up office here.

The number of foreign law firms in Singapore with arbitration as one of their practice areas rose to 57 in December 2021 from 39 in December 2019, accounting for close to 40 per cent of all foreign law practices in Singapore, said a Law Ministry spokesman recently.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.