The Evening Runway with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)The Evening Runway with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Increase in firms seeking mediation at SIMC amid the pandemic

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The value of disputes heard by the Singapore International Mediation Centre has been on the rise. 

In 2021 alone, the total value of disputes heard amounted to over US$3 billion, equalling the US$3 billion total dispute value for the previous six years (2014-2020) since SIMC’s inception.

To find out why - and to get a better understanding of the process - Prime Time's Rachel Kelly speaks to George Lim, Chairman, Singapore International Mediation Centre and Ng Chai Ngee, Board Member, Singapore International Mediation Centre.

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