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On 5 January 2015, the Minister of Law K Shanmugan and Chief Justice Sundaresh Menon officially launched the new Singapore International Commercial Court (SICC), following the Opening of the Legal Year. The SICC will decide global commercial cases and is part of the plan to position Singapore as Asia’s dispute resolution hub, which includes the Singapore International Arbitration Centre, established in 1991, and the Singapore International Mediation Centre, launched in November last year. The establishment…

As Vietnam’s trade and investment ties with the global economy continue to deepen, it is normal and inevitable that a small minority of projects will end up in disputes, as recent cases highlighted by the press illustrate. It is a positive step, therefore, that on 14 January 2014, the Prime Minister of Vietnamese Government issued Decision No. 04/2014/QD-TTg (“Decision 04” or “Decision”) regulating the coordination between the Vietnamese States bodies in international investment disputes settlement.…

Fifteen years after Indonesia’s arbitration legislation entered into force, Andi Kadir of Hadiputranto Hadinoto & Partners, member firm of Baker & McKenzie in Jakarta, says the country’s Supreme Court is still issuing inconsistent decisions in relation to applications to set aside arbitral awards, creating uncertainty over whether the jurisdiction is friendly to arbitration or not. Arbitration in Indonesia is based on the Arbitration Law of 1999. This piece of legislation acknowledges two possible recourses that…