Month: September 2021

Most construction contracts make provision for dispute resolution mechanisms which result in either temporary or final and binding determination through adjudication, arbitration or even litigation.

Japanese Prime Minister Yoshihide Suga on Friday announced he would not stand for re-election in the upcoming vote for leadership of the Liberal Democratic Party (LDP). The news came as a shock to some of his supporters but analysts said the writing was on the wall as Suga’s approval rating has been sliding for months. Japan’s PM Yoshihide Suga to resign after just 1 year in post Suga will stay on until his replacement is elected on September 29. The new party president will also become…

Australia’s New South Wales on Friday reported an all-time high number of new Covid-19 cases and deaths despite being 10 weeks into lockdown, as the federal government tried to convince states and territories to follow its national reopening plan.New South Wales reported 1,431 new local transmitted cases, as well as 12 more deaths, as of Thursday evening – just over a week after recording more than 1,000 new daily infections for the first time.“We anticipate a peak in cases in the next…

Pharmaceutical manufacturers that claim patent rights over multiple compounds on the basis of a general formula will welcome a new ruling by the Court of Appeal in London, experts in patent litigation have said.

Senators in the Philippines are investigating how a drug company won government contracts worth billions of pesos to supply personal protective equipment, face masks and coronavirus tests despite its owner being wanted in Taiwan on suspicion of securities fraud.The government awarded Pharmally Pharmaceutical Corporation multiple purchase orders worth a total of 8.7 billion-pesos (US$173 million) between March 2020 and July 2021.The government continued to buy from Pharmally even after its owner…

Singapore said on Thursday that it would allow special purpose acquisition companies (SPACs) to go public on its bourse starting Friday, as the city state hopes to become the go-to market in Asia for what has been one of the hottest fundraising trends globally in the past 18 months.The so-called blank-cheque companies have raised more than US$122 billion this year alone, primarily through listings in the United States. However, they have proven to be popular with Asian sponsors and target…

The construction industry faces many challenges related to Covid-19, and if it doesn’t take a co-operative approach and share risks then it could make the situation even worse.

Around 40 police officers sent to provide security at the Tokyo Paralympics have been sent home for drinking, brawling with members of the public and frequenting a brothel. The detachment from a special Yamanashi Prefectural Police security unit was in the Japanese capital to support local police at venues and to control traffic during the Games. The unit’s internal regulations stated that the men were not permitted to drink alcohol at their accommodation in Tokyo, but a number of the…

Singapore’s High Court on Wednesday awarded Prime Minister Lee Hsien Loong a total of S$370,000 (US$275,000) in damages, after he won two separate defamation lawsuits against the chief editor and a writer from news website The Online Citizen.The lawsuits stemmed from an article published by the site in August 2019 about the home of his late father Lee Kuan Yew at 38 Oxley Road, that included references to a disagreement within the Lee family about what to do with the property.In a 60-page…

Singapore and the US have agreed to build a partnership and work on climate change, environmental governance, sustainable development and low carbon solutions.