A summary of recent developments on the topic of corporate crime in Singapore. Seatrium Limited On 31 May 2023, the Corrupt Practices Investigation Bureau (“CPIB”) announced the commencement of investigations into Seatrium Limited (formerly known as Sembcorp Marine) and individuals from Seatrium Limited relating to alleged offences that occurred in Brazil. This comes on the heels of […]

On 4 March 2024 at the Ministry of Manpower Committee of Supply 2024, it was announced that the retirement age in Singapore will be raised to 64 while the re-employment age in Singapore will be raised to 69 in 2026. Currently, the retirement age is 63 while the re-employment age is 68. By 2030, the […]

The Badan Arbitrase Nasional Indonesia (BANI), established in 1977, is one of Indonesia’s leading arbitral institutions. While the Indonesian Courts remain the preferred forum for dispute resolution in Indonesia in many contexts, arbitration under the BANI Rules and administered by BANI is the preferred option for some Indonesian parties, including certain state-owned companies, and particularly […]

Manpower Minister Tan See Leng had announced on 4 March 2024 that there will be an increase in the minimum monthly qualifying salary for employment passes in 2025. By way of background, the employment pass is generally for foreign professionals, managers and executives who meet the minimum employment pass qualifying salary and pass the points-based Complementarity […]

A team from Clasis LLC comprising Junxiang Koh and Pi Wei Ng acted for the successful Plaintiff in Riady Tjandra v Cheng Yi Han [2024] SGHC 59 (“the Judgment”), securing judgment of US$500,000 and legal costs from the Defendant. The dispute concerned an agreement for our client to purchase shares in a company which ostensibly […]

Implementing fair employment practices will soon become more important than ever for employers in Singapore, with the upcoming Workplace Fairness Legislation (“WFL”) that is slated to be passed in the second half of 2024. The WFL will complement existing employment guidelines and cover all stages of employment from hiring to termination. It further requires employers […]

On 6 February 2024, the Minister of Manpower (the “Minister”) had announced that the Ministry of Manpower is working together with the tripartite partners (i.e. the National Trades Union Congress and the Singapore National Employers Federation) to develop guidelines on the reasonable use of restrictive employment clauses such as non-compete or restraint of trade clauses […]

The Ministry of Manpower had on 4 August 2023 announced that the Singapore Government has accepted the Committee’s final recommendations for the Workplace Fairness Legislation (the “Announcement”). The Tripartite Committee on Workplace Fairness (the “Committee”) had on 13 February 2023, released its interim report on their recommendations for the workplace fairness legislation (“Interim Report”). We […]

Lu Yuan Leong, Legal Director of Singapore, is appointed as a Senior Accredited Specialist in Maritime and Shipping Law by the Singapore Academy of Law (SAL) in January 2024. The SAL is a promotion and development agency for Singapore’s legal industry. The Senior Accredited Specialist appointment is a prestigious recognition awarded by the Singapore Academy […]