News

The Minister for Trade and Industry has today issued a block exemption order (BEO) to exempt liner shipping agreements[2] relating to liner shipping services[3] from section 34 of the Competition Act (Cap. 50B) ('Act')[1]. This is provided that they fulfill certain conditions and obligations, such as allowing member liner operators to offer their own service arrangements on a confidential basis.

Workplace Safety and Health Advisory Committee ('WSHAC') and the Ministry of Manpower ('MOM') are co-developing the first National Workplace Safety and Health Strategy for Singapore. This strategy is currently in the drafting stage. WSHAC and MOM would like to invite views and feedback on the draft strategy. Based on feedback received from various industries, WSHAC and the MOM hope to develop a comprehensive strategy towards attaining their target of halving work-related fatalities to 2.5 fatalities per 100,000 by 2015.

The Government encourages individuals and businesses to fly the National Flag during the National Day celebrations. Residential premises can fly the flag for an extended period from mid-July to end August 06.

The Ministry of Health (MOH) and the Dental Council is amending the Dentists Act (DA) 1999 to ensure that it is relevant to the current practice and new developments in the field of dentistry.

The National Internet Advisory Committee (NIAC) today issued its ninth Annual Report for the period April 2005 to March 2006, renewing its calls for a coordinated, multi-pronged approach in making the Internet and new media platforms safe for all, especially children.

In a special event held in New York, Singapore along with China and Sri Lanka the United Nations Convention on the Use of Electronic Communications in International Contracts 6 July 2006.

Although not strictly Singapore related news, it should of general interest to Singapore lawyers. Last month (June 2006), a UK law practice, Nabarro Nathanson, was hit by an email scam with bogus messages claiming to be from the law practice being sent around the world. The scam is similar to what is commonly known as the Nigerian Scam.

Following the Korea-Singapore Free Trade Agreement (KSFTA) that went into force on 2 March 2006 , International Enterprise (IE) Singapore and the Korea Trade-Investment Promotion Agency (KOTRA) have signed a Memorandum of Understanding (MOU) in Singapore today to further enhance collaboration between the two agencies. The MOU was negotiated under the “Cooperation” chapter of the KSFTA. It was signed by Mr Chong Lit Cheong, Chief Executive Officer of IE Singapore, and Mr Ki Hwa Hong, President and Chief Executive Officer of KOTRA.

It has been reported in the Singapore Press that the Subordinate Courts has launched a scheme which uses full time lawyers as specialist judges to hear certain comples cases that requires expert knowledge.

Singapore Exchange Ltd (SGX) announced that it will accept listing of hedge funds, with effect from 29 June 2006.

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