This time, it was at the official opening of an agro-food outlet called Agrobazaar Malaysia, located at Sultan Gate in the historic Kampong Glam district. The 464 sq m bazaar, which sells Malaysian produce such as fruit, sauces and coffee, is Malaysia’s first overseas branch of Agrobazaar.
During the opening ceremony, visiting Malaysian Prime Minister Najib Razak presented his Singapore counterpart Lee Hsien Loong with a gift of durians, specifically the popular “musang king” variety, as well as an oil painting of them enjoying the spiky fruit during the April retreat.
The arbitration process to settle a dispute between Singapore and Malaysia over development charges on certain parcels of former Malayan Railway land in Singapore has reached its final stage…. a spokesman from Singapore’s Ministry of Foreign Affairs (MFA) revealed that the decision of the arbitration tribunal was expected “in a few months”.
This paves the way to potentially settle an outstanding issue in the Points of Agreement (POA) on whether Malaysia needs to pay Singapore a development charge on three parcels of land in Tanjong Pagar, Kranji and Woodlands.
This charge is a tax that is payable to the Singapore government to change the use of a land parcel. Singapore believes this tax must be paid, while Malaysia has argued otherwise.
The matter was eventually referred to the Permanent Court of Arbitration at the Hague, after Singapore and Malaysia reached an arbitration agreement in 2012.
Singapore and Malaysia have agreed to accept the arbitration award as final and binding. They also agreed that the decision would not affect the implementation of the POA …