Ferrari crash: Victim’s parents settle with driver’s insurer – latest dispute to be settled amicably under the auspices of the Singapore Mediation Centre.

The Singapore Mediation Centre handled 337 mediation cases last year — the highest number of matters it mediated since it was opened in 1997.

More people here are turning to mediation in place of lawsuits to solve disputes because it saves them time and hefty legal costs and gives them a say in the outcome.

The Singapore Mediation Centre on Wednesday said it handled 337 mediation matters last year, the highest since its inception in 1997.

The Fair Tenancy Framework launched on Tuesday, which aims to help small and medium-sized enterprises (SMEs) negotiate fairer tenancy agreements, is a work in progress, says the working group behind it.

The Singapore Business Federation (SBF) has launched a set of guidelines to promote sound practices in the rental market.

The Singapore Mediation Centre has played a crucial role in facilitating quality training for the Ministry’s existing mediators and had been instrumental in uplifting the mediator’s professional profile and qualification to international recognition as Accredited Mediators in 2008 and thereafter as Associate Mediators in 2010

Taxi drivers can now turn to a more structured system to help settle disputes with their taxi companies quickly and amicably, with the Taxi Industry Mediation system.

Surprise jumps in rental costs upon renewal of leases could soon be a thing of the past for small and medium enterprises (SMEs), following a new voluntary framework proposed by the Singapore Business Federation (SBF) yesterday.

“The Mediation Imperative: Why Successful Companies Cannot Afford to Ignore Mediation”, delivered by Mr Brad A Berenson, on behalf of Mr Brackett B Denniston III, General Electric Company.