Latest news with #SICC
Daily Express
3 days ago
- Business
- Daily Express
Esteel project creates business ripple effect
Published on: Friday, May 30, 2025 Published on: Fri, May 30, 2025 Text Size: KOTA KINABALU: The RM31 billion Esteel Enterprise Sabah Sdn Bhd project, launched in three phases, is expected to bring widespread benefits to Sabah, from green technology innovation to job creation and community development. Chief Minister Datuk Seri Hajiji Noor emphasised prioritising local employment and workforce training, urging industry players to invest in Sabahans' skills development. Speaking at the launch of Phase One (RM6.4 billion) at SICC today, officiated by Prime Minister Datuk Seri Anwar Ibrahim, Hajiji noted increased demand for industrial space has led to the approval of three new industrial parks in Kota Belud, Beaufort, and Kudat. He reaffirmed Sabah's investor-friendly stance and commitment to fostering a stable, supportive environment for investment. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Daily Express
5 days ago
- Science
- Daily Express
Education reform urgent for Sabah's future: CM
Published on: Wednesday, May 28, 2025 Published on: Wed, May 28, 2025 Text Size: Hajiji greets some of the attendees. - Pic by CMD KOTA KINABALU: Chief Minister Datuk Seri Hajiji Noor said transforming Sabah's education system is an urgent necessity, not a choice, to prepare students for future challenges. He cited 2024 data showing only 65 per cent of students possessed good or excellent problem-solving skills, while just 72 per cent felt confident applying science in daily life. Speaking at the opening of the 2025 Arise International Education Research Conference at SICC on Wednesday, he stressed that many students still struggle with Stem basics and that education reform must be prioritised. Hajiji emphasised strengthening research-based and innovative teaching approaches, including greater investment in Stem and TVET programmes to produce competitive, skilled human capital in Sabah. He also highlighted the RM41.75 million allocation this year for science and innovation programmes, alongside the importance of global partnerships and educator-driven research in raising Sabah's education profile. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Daily Express
26-05-2025
- Business
- Daily Express
Malaysian cocoa industry revived with focus on sustainability and traceability
Published on: Monday, May 26, 2025 Published on: Mon, May 26, 2025 By: Sisca Humphrey Text Size: Johari (centre) with others during the launching ceremony. - Sisca Humphrey/Daily Exrpress KOTA KINABALU: Malaysia is boosting its cocoa industry through sustainable farming, improved yields, and a national traceability system to meet global standards, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani. Speaking at the relaunch of the Malaysian International Cocoa Fair (MICF) 2025 at SICC, Johari noted the event's return after 12 years has attracted participants from 26 countries. Malaysia, one of the world's top five cocoa grinders, processes 370,000 tonnes annually. Despite importing 500,000 tonnes, value-added cocoa exports hit RM15 billion in 2024. 'With rising global demand, especially for Borneo-origin cocoa, we must support our farmers,' Johari said, adding MICF is key to promoting Malaysia's sustainable cocoa. * Read full report in tomorrow's print paper or log in or sign up for e-paper and premium online news access. * Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Hindustan Times
17-05-2025
- Business
- Hindustan Times
‘Copy-paste' award by Indian arbitrators set aside in Singapore
The Singapore International Commercial Court (SICC) on May 5 set aside an arbitral award worth ₹80.29 crore after finding that a tribunal of retired Indian judges delivered its decision with a 'closed mind,' copying large sections from previous awards without independent analysis. The ruling marks a blow to the credibility of international arbitration panels comprising retired Indian judges following the Court of Appeal of the Singapore Supreme Court's April decision to uphold the annulment of an award chaired by former chief justice of India Dipak Misra on similar grounds. In a scathing 85-page judgement earlier this month, SICC judge Roger Giles ruled that the tribunal majority—identified only as 'judge A' and 'judge C'—had 'extensively reproduced reasoning from earlier related awards rather than conducting fresh analysis.' The case concerned a 2016 contract termed 'CTP-11' between a government-owned special purpose vehicle (SPV) in India and a consortium of three infrastructure companies for the construction of a segment of India's Dedicated Freight Corridor (DFC). The claimant SPV had approached the SICC alleging that the majority arbitrators 'had not applied their mind to the specific facts and submissions relevant to the case' and had engaged in 'cut-and-paste' reasoning from earlier awards in related but separate arbitrations. The SPV even flagged that the majority arbitrators had cited a 'non-existent' contractual clause to support their award. The SICC found that of 176 substantive paragraphs in the CTP-11 award, 157 had been copied either verbatim or with minor editorial changes from the previous CTP-13 award—the very same decision that had already been set aside by the Singapore Supreme Court last month. That award, in turn, had drawn from two other decisions—the 'CP-301 and CP-302'—in which Judge C was also involved. 'This was not merely a clerical error but a clear indication of reliance on past reasoning without fresh analysis,' the SICC stated. 'The error arose solely from wholesale copying from the CTP-13 award, which had itself copied from earlier proceedings.' In one glaring example, paragraph 150 of the award reproduced a price adjustment formula from the CP-302 contract rather than from the CTP-11 agreement. Further compounding the issue, the tribunal applied Indian law instead of Singapore law to determine pre- and post-award interest, again mirroring past rulings without justification. The previous Singapore Supreme Court ruling had found that the CTP-13 award, chaired by former CJI Dipak Misra, contained 212 out of 451 paragraphs copied from prior awards authored by Justice Misra in separate disputes. Hindustan Times reached out to Justice Misra for comment, but received no response. The dispute originated when the consortium sought a price adjustment following a 2017 notification by the union labour ministry revising minimum wages. The SPV rejected the demand, claiming price escalation had already been covered in the contract. After failed attempts at amicable resolution and reference to a Dispute Adjudication Board, the case went to International Chamber of Commerce arbitration seated in Singapore. The tribunal comprised three retired Indian judges—two nominated by the parties and a presiding arbitrator appointed jointly. Their final award, issued in June 2024 by a 2:1 majority, granted the consortium ₹80.29 crore against the ₹92 crore sought, with compound interest. It also directed the SPV to bear 80% of arbitration and legal costs. The dissenting arbitrator argued the claim was barred and, even if admissible, would amount to only ₹34.26 crore. The SICC formally set aside the award and directed the parties to agree on costs of the proceedings. These consecutive rulings raise serious questions about the credibility of international arbitration panels comprising retired judges from India, particularly in high-value commercial disputes.
Hindustan Times
17-05-2025
- Business
- Hindustan Times
Singapore court dismisses Indian judges' arbitration for copying from past award
The Singapore International Commercial Court (SICC) has set aside an arbitral award worth ₹80.29 crore by an international arbitration panel comprising three retired judges from India, after concluding that the judges had delivered their decision with a 'closed mind', having copied large sections from previous awards without independently considering the facts and submissions in the present case. The SICC ruling comes just a month after the Court of Appeal of the Singapore Supreme Court upheld the annulment of an international arbitration award chaired by former Chief Justice of India (CJI) Dipak Misra after discovering that nearly half the decision was copied verbatim from earlier awards he had authored in separate but related disputes. In the present case, SICC judge Roger Giles held earlier this month that the arbitral tribunal majority, consisting of two retired Indian judicial officers identified only as 'Judge A' and 'Judge C,' had approached the arbitration with a 'closed mind' by extensively reproducing reasoning from earlier related awards rather than conducting fresh analysis. The case concerned a dispute over contract termed 'CTP-11,' a 2016 agreement between a government owned special purpose vehicle (SPV) in India and a consortium of three infrastructure companies for the construction of a segment of India's flagship Dedicated Freight Corridor (DFC). The consortium had sought a price adjustment following a 2017 notification by the union labour ministry revising minimum wages. The SPV, however, rejected the demand saying that the price escalation had already been covered. After attempts at amicable resolution and reference to the Dispute Adjudication Board failed, the dispute was referred to ICC arbitration seated in Singapore. The tribunal was composed of three retired Indian judges, two nominated by the parties and a presiding arbitrator appointed jointly. The final award, issued in June 2024 by a 2:1 majority, granted the consortium ₹80.29 crore against the ₹92 crore it had sought, with compound interest and a direction for the claimant SPV to bear 80 percent of the arbitration and legal costs. However, the dissenting arbitrator argued the claim was barred and, even if that were not the case, a claim of only ₹34.26 crore would have been admissible. The claimant SPV then approached the SICC alleging that the majority arbitrators had not applied their mind to the specific facts and submissions relevant to the case and that they had instead, engaged in 'cut-and-paste' reasoning from earlier awards in related but separate arbitration. The claimant even flagged that the majority arbitrators, Judges A and C, had cited a 'non-existent' contractual clause to support their award. Incidentally, much of the copy-paste alleged in the present award pertaining to contract CTP-11 was made from a previous award—the CTP-13 award, which itself had been copied from two previous awards. Most importantly, SICC noted that Judge C had presided over the CTP-13 matter. This CTP-13 award is the one that was passed by a tribunal chaired by former CJI Dipak Misra and was set aside by the Singapore Supreme Court in April this year. The CTP-13 award also in a DFC related contract dispute, was found to contain 212 out of 451 paragraphs copied from prior awards authored by Justice Misra in unrelated cases. In the present case, SICC judge Giles said he found overwhelming evidence that the majority arbitrators, Judges A and C, had relied extensively on reasoning from the CTP-13 arbitration. In the scathing 85-page ruling, Judge Giles noted that out of 176 substantive paragraphs in the CTP-11 award, 157 had been copied either verbatim or with minor editorial changes from the CTP-13 award. That award, in turn, had drawn from two other decisions, the 'CP-301 and CP-302,' both also involving Judge C. 'The Majority's reasoning and analyses was largely a reproduction of the substance of earlier awards.. This demonstrated that the tribunal failed to apply its mind to the specific facts and arguments of the present arbitration,' SICC said. It noted that the copying extended to contractual provisions not present in the CTP-11 agreement at all. For instance, paragraph 150 of the award reproduced a price adjustment formula from the CP-302 contract and not from the present CTP-11 contract. 'This was not merely a clerical error but a clear indication of reliance on past reasoning without fresh analysis,' SICC said. 'The error arose solely from wholesale copying from the CTP-13 award, which had itself copied from earlier proceedings,' it said. Further compounding the issue, the tribunal had applied Indian law instead of Singapore law to determine pre and post award interest, once again mirroring past rulings without justification, SICC noted. Judge Giles said such errors were a direct result of the Tribunal having replicated 'prior templates.' The SICC formally set aside the CTP-11 award and directed the parties to agree on the costs of the present proceedings. HT reached out to Justice Misra for a comment but he did not respond to our calls and texts.
