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Singapore to Launch Insolvency aka Pokkai Arbitration O$P$$$ Protocol Next Week​


By Megawati Wijaya
August 21, 2025 at 4:02 PM GMT+8
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Singapore will launch an arbitration framework next week for resolving restructuring, debt and insolvency disputes, offering businesses and creditors an alternative to traditional court processes.

“The SIAC Restructuring and Insolvency Arbitration Protocol is a first, for an international arbitration institution, in proposing the use of arbitration to resolve” such disputes, Murali Pillai, senior minister of state for law, said Thursday.

 

Africa joins the race to tap into Singapore’s urban design expertise​

Singaporean companies are increasingly active in urban planning, smart cities and sustainable building design.
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August 21st, 2025
Of all Singapore’s achievements, perhaps the most extraordinary is its success in turning what was a poverty-stricken colonial port city into one of the world’s most modern urban centres. Any visitor to Singapore will quickly appreciate the scale and efficiency of its public transport system, the relative lack of traffic congestion, and its ingenious use of limited space. Singapore has managed to squeeze six million people onto its small island, and found room for world class port facilities, a huge international airport, large-scale industrial zones, and even extensive defence infrastructure – all while preserving vast swathes of tropical greenery.

Singapore’s status as one of the world’s most modern and liveable cities has attracted admiration from around the world. Many cities have attempted, with mixed results, to emulate what Singapore has achieved with innovative urban design and planning.

And in recent years Africa has joined the race to tap into Singapore’s urban design expertise. “Across Africa, the majority of the countries would like to emulate Singapore in our journey of having gone from a third world country to a first world nation in the span of one generation,” says Rahul Ghosh, global markets director for the Middle East and Africa at Enterprise Singapore. “We are a natural partner to Africa.”

Rwanda master plans​

While challenges differ from city to city in Africa, the reality is that the continent’s large urban areas present a dramatic contrast with Singapore. There is little public transport other than informal minibuses in many African metropolises. All the continent’s megacities suffer from massive, unplanned sprawl. And, across Africa, flooding and other environmental problems are worsening as precious green space is swallowed by development.

Africa’s urbanisation challenges will only grow, with the continent’s urban population set to double from 700m to 1.4bn by 2050. Against this backdrop, it is no surprise that African cities are looking to Singapore for help.

Ghosh notes that Singapore’s involvement in urban design in Africa has come about partly through government agencies introducing Singaporean companies to opportunities to address demand in Africa. “Many companies are proactively looking to diversify, and hence Africa becomes a market they’d like to target,” he adds.
 

Africa presents a promising new frontier for Singapore businesses​

The continent’s growth trajectory presents a compelling story, as businesses look beyond traditional markets





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  • Africa's manufacturing drive presents opportunities in the sector, as well as in logistics and energy. In March, Enterprise Singapore deputy managing director Tan Soon Kim (second from right) and his delegation visited Kenya's port of Mombasa. PHOTO: ENTERPRISE SINGAPORE
  • Africa's manufacturing drive presents opportunities in the sector, as well as in logistics and energy. In March, Enterprise Singapore deputy managing director Tan Soon Kim (second from right) and his delegation visited Kenya's port of Mombasa. PHOTO: ENTERPRISE SINGAPORE
  • Africa's manufacturing drive presents opportunities in the sector, as well as in logistics and energy. In March, Enterprise Singapore deputy managing director Tan Soon Kim (second from right) and his delegation visited Kenya's port of Mombasa. PHOTO: ENTERPRISE SINGAPORE
  • Africa's manufacturing drive presents opportunities in the sector, as well as in logistics and energy. In March, Enterprise Singapore deputy managing director Tan Soon Kim (second from right) and his delegation visited Kenya's port of Mombasa. PHOTO: ENTERPRISE SINGAPORE
  • Africa's manufacturing drive presents opportunities in the sector, as well as in logistics and energy. In March, Enterprise Singapore deputy managing director Tan Soon Kim (second from right) and his delegation visited Kenya's port of Mombasa. PHOTO: ENTERPRISE SINGAPORE

Tan Soon Kim

Published Thu, Aug 21, 2025 · 07:00 AM

AS TRADE tensions and supply-chain disruptions reshape the business landscape, Singapore companies must look beyond traditional markets for sustainable growth. Africa’s growth trajectory presents a compelling story.

During my visits to Africa, I was struck by the continent’s remarkable potential for growth, driven by its natural resources, demographic advantages, expansive consumer base and the innate creativity of its people.

For instance, Kenya – which I visited in March – has become East Africa’s technology powerhouse. There, innovations in mobile money are changing how millions manage their daily transactions.
 

SINGAPORE’S TEMASEK SAID MULLING REORGANISATION AND MORE ASIA REAL ESTATE HEADLINES​

2025/08/21 BY MICHAEL COLE LEAVE A COMMENT

Temasek executive director and CEO Dilhan Pillay

Temasek executive director and CEO Dilhan Pillay
A Singapore government company which holds interests in CapitaLand, Keppel and Mapletree is pondering a new corporate structure, with that story leading today’s look at news from around the region. Also in the headlines, Swire Properties plans to launch its largest condo project in 20 years into Hong Kong’s biggest housing slump in three decades and a Hong Kong bank sees impairments jump as the city’s commercial real estate market declines.






Singapore’s Temasek Holdings Said Mulling New Structure

Temasek Holdings is mulling one of its biggest overhauls in years, potentially reorganising the firm into three investment vehicles in a bid to boost returns and efficiencies, according to people familiar with the matter.

Under the proposal still being discussed at senior levels, Singapore’s state-owned investor could divide its business into three arms. One would focus on Temasek’s biggest domestic holdings such as Singapore Airlines, and another would oversee largely foreign investments. A third unit would include all of Temasek’s fund investments, said the people, who asked not to be identified discussing a private matter.
 
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