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October 2023
Dear Friend of SIMC, 

Do you know that with Japan acceding to the Singapore Convention on Mediation ("SCM") this month, 5 of the 6 largest economies signed the SCM? The USA, China, India, Japan and the UK represent more than 50% of the world's GDP*. Japan's accession means that the SCM will enter into force in Japan on April 1, 2024. We congratulate the Japanese government and its advisers for being the first to effectively both sign and ratify the SCM at the same time.

I want to extend my heartfelt thanks to our international and local partners and guests who honored us with their presence at our SIMC Signature Event: MNCs for Mediation: From Disputes to Deal-Making. In the presence of about 250 attendees and Guest-of-Honour, Ms. Indranee Rajah SC, 2nd Minister for Finance and National Development, 42 leading MNCs and industry associations (from 10 countries) signed the Declaration of Intent to Support Mediation. The business community has demonstrated that mediation is an appropriate and viable option for resolving commercial disputes. During the Singapore Convention Week, SIMC signed 6 MOUs and protocols with SCMA and international dispute resolution institutions from India, Indonesia, Japan, Vietnam and Türkiye. More on the details below.

In Q3, we were privileged to meet the President of the Legislative Assembly of Costa Rica, Mr Rodrigo Arias Sanchez, and Jamaica's Minister of Justice, the Honourable Delroy Chuck KC, MP to promote mediation and the signing/ratification of SCM. This was in conjunction with our training for judges and senior practitioners in Costa Rica, Jamaica, Mexico, Colombia, Peru, the Dominican Republic, Brazil, the Bahamas, and Trinidad & Tobago. Mediation is on the rise in the Americas and the Caribbean.

SIMC is pleased to share our views (together with SICC & SIAC) on a CNA documentary, "Singapore and the BRI: Opportunities Ahead" aired on October 16. You may now .  

Finally, with conflicts erupting in different parts of the world, we are humbly reminded of the priceless gifts of peace and goodwill. In SIMC, we are grateful to be given an opportunity to play a small role in building harmonious relationships in an increasingly more complex and competitive commercial world.

Yours sincerely,
Chuan Wee Meng
CEO, SIMC

*Statista, IMF (2022)
 
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Strongest Show of Corporate Support for International Mediation at SIMC Signature Event
Strongest Show of Corporate Support for International Mediation at SIMC Signature Event
SIMC held its annual signature event - MNCs for Mediation: From Disputes to Deal-Making on August 30 during the Singapore Convention Week. Before Ms Indranee Rajah SC, Second Minister for Finance and National Development, forty-two MNCs and industry associations signed declarations of intent to support mediation. About 250 guests from Singapore and China, India, Japan, Korea, Saudi Arabia, etc attended the event.
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Establishment of Maritime Mediators Panel With SCMA
Establishment of Maritime Mediators Panel  With SCMA
The Singapore Chamber of Maritime Arbitration (SCMA) and SIMC announced their collaboration in establishing the SCMA – SIMC Maritime Mediators Panel. The Panel aims to facilitate the nomination of qualified mediators to resolve maritime and shipping disputes, while also promoting the wider adoption of mediation in suitable cases within the maritime industry.
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SIMC Inks 5 MOUs and Joint Protocols with International Dispute Resolution Centres
SIMC Inks 5 MOUs and Joint Protocols with International Dispute Resolution Centres
In an effort to make international mediation more accessible, SIMC signed MOUs and joint protocols with dispute resolution institutions from India, Indonesia, Japan, Türkiye and Vietnam during the Singapore Convention Week. The signings demonstrate a strong show of solidarity among international mediation institutions to promote and facilitate the use of mediation in cross-border commercial disputes.
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Supporting the Development of Pakistan ADR Framework and Strategy
Supporting the Development of Pakistan ADR Framework and Strategy
Organised for the Pakistan Supreme Court-Led ADR Task Force, SIMC was honoured to be invited to share our knowledge and experiences at the Judicial Exchange on ADR in Kuala Lumpur. The exchange was hosted by the Malaysian Judiciary and opened by The Right Honourable Tun Tengku Maimun binti Tuan Mat, the Chief Justice of Malaysia.
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Mediation Can Be a Catalyst for Brand-New Deals and Opportunities
Mediation Can Be a Catalyst for Brand-New Deals and Opportunities
George Lim SC, Chairman of SIMC, was featured in a Business Times op-ed, where he shared about the role of mediation in dispute resolution and what it can achieve. He also recounted some examples where SIMC helped to mediate high profile international cases, emphasising how mediation not only resolves disputes but also opens doors to new opportunities and strengthens business relationships.
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SIMC Expands Footprint Outside Asia to Offer Specialist Mediators Workshops in LATAM and the Caribbean
SIMC Expands Footprint Outside Asia to Offer Specialist Mediators Workshops in LATAM and the Caribbean
SIMC held its first Latin America Specialist Mediators Workshop (SMW) in August in San José, Costa Rica, followed by an SMW in Kingston, Jamaica in September. Close to thirty lawyers and business professionals from Costa Rica, Mexico, Colombia, Peru, the Dominican Republic, Brazil, Jamaica, the Bahamas, and Trinidad & Tobago attended the training. The growing interest and support for such training mark a significant step in advancing the practice of mediation in the region.
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Promoting the Use of Mediation to Resolve Disputes in the Engineering & Infrastructure Sector
Promoting the Use of Mediation to Resolve Disputes in the Engineering & Infrastructure Sector
The 2023 FIDIC Global Infrastructure Conference held in Singapore from September 10-12 brought together 800 leaders from the engineering and consultancy sector to discuss industry challenges and global construction and infrastructure issues. Chuan Wee Meng, CEO of SIMC, was invited to share his insights on mediation as a form of dispute resolution at the event. The conference offered a valuable opportunity to connect with professionals from the engineering industry and explore how mediation can be used to address commercial disputes within the industry.
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Calendar of Events
OCT 26-27
SIMC Singapore Specialist Mediators Workshop
(by-invitation only)

OCT 31
SIMC Seminar @ Seoul ADR Festival

NOV 3
- Presentations by SIMC at Maxwell Chambers

NOV 8

NOV 11-12
SIMC Shenzhen Specialist Mediators Workshop
(by-invitation only)

NOV 17-18

In the News
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Staff Announcement
We are pleased to announce 3 new staff members at SIMC: , Director of Strategic Engagement,  , Centre Administrator and Assistant to CEO and , Centre Executive!
 
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Meanwhile, should you have any questions, wish to refer a case for mediation, or arrange a meeting or talk on international mediation for your team or clients, simply reply to this email or contact us at .
 
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