New cases filed with Singapore International Arbitration Centre hit record high in 2019

479 cases involved disputes totalling $11b, with most coming from outside Singapore

From top: Mr Gary Born, president of the Singapore International Arbitration Centre's Court of Arbitration; Mr Davinder Singh, SIAC's chairman; and Ms Lim Seok Hui, SIAC's chief executive. The Singapore International Arbitration Centre is sited in Ma
The Singapore International Arbitration Centre is sited in Maxwell Chambers Suites, a dispute resolution complex. The 29-year-old arbitration centre is viewed as a crown jewel in Singapore's legal industry. ST FILE PHOTO

Singapore's international arbitration centre continues to chalk up a record number of cases, drawing a new high of 479 cases last year that involved disputes totalling $11 billion.

A total of 454 of the 479 new cases filed with the Singapore International Arbitration Centre (SIAC) were fully administered SIAC arbitrations - cases where SIAC handles the logistics and arbitrator appointments and manages the dispute from start to finish.

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A version of this article appeared in the print edition of The Straits Times on April 09, 2020, with the headline 'New cases filed with SIAC hit record high in 2019'. Subscribe