The Singaporean government’s ambition to establish itself as Asia’s leading IP hub has been reignited since Daren Tang — former CEO of the IP Office of Singapore — began leading WIPO. In light of this, Singapore recently published an updated national IP strategy for 2030. It is a reassessment of...
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The Singaporean government’s ambition to establish itself as Asia’s leading IP hub has been reignited since Daren Tang — former CEO of the IP Office of Singapore — began leading WIPO. In light of this, Singapore recently published an updated national IP strategy for 2030. It is a reassessment of its 2013 blueprint for becoming the centre of IP business. Singapore has been a dominant arbitration player both regionally and globally — it is the third most-preferred seat of arbitration in the world and its status as an independent bridge between China, Asia and western countries makes it an attractive partner. Unsurprisingly, IP dispute resolution remains central to its roadmap to success. Of particular note is its aim to develop a unified patent system across Southeast Asia — the 2030 IP strategy points to the country’s effort to build regional patent capacity through the Association of South East Asian Nations (ASEAN) Patent Examination Cooperation. All in all, there is plenty to be optimistic about with regard to the future of Singapore’s IP scene.
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