Singapore clinches top spot as preferred arbitration hub for first time: Survey

The Singapore International Arbitration Centre, based in Maxwell Chambers Suite, was ranked the most preferred arbitral institution in the Asia-Pacific and second in the world. - ST

SINGAPORE (The Straits Times/ANN): In a landmark feat, Singapore has tied for first place with London as the top seat of arbitration in the world, based on a well-regarded survey.

It is also the preferred seat of arbitration in the Asia-Pacific region and among the top four worldwide, with its standing improving even in the Caribbean/Latin America region, where it was previously unranked.