
PSA barred from transferring any property
ISLAMABAD (December 09, 2010) : The Supreme Court on Wednesday barred the Port of Singapore Authority (PSA) Gwadar Ltd from transferring immovable property of Gwadar Port Authority (GPA) to any private party till the final decision of the court, and allowed the government of Balochistan to be a party to the case, as it had...

MediaCorp loses suit to RecordTV
A SMALL start-up offering an online service that allowed consumers to watch national broadcaster MediaCorp's programmes online will be able to resume service, after the Court of Appeal ruled in its favour. The decision, which is a stunning reversal of a High Court ruling last year, also sets precedents here in the controversial...

DBS Accused of Misrepresenting Lehman-Related Product in Singapore Lawsuit
DBS Bank Ltd., a unit of Southeast Asia’s biggest lender, was sued by a client claiming fraudulent and negligent misrepresentations that a $1.5 million Lehman Brothers Holdings Inc.-related investment was “sound.” Former DBS banker Desmond Lim Hong Nian had said principal invested in the structured product was safe, according...
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