Singapore Ranks 6th In IP Environment Index
15 February 2016
Singapore ranked sixth-among 38 countries in the fourth annual index by the US Chamber of Commerce (USCC) which measures the state of intellectual property environments in the world.
According to The Straits Times, an adequate patent-enforcement legal framework, a strengthened copyright framework and a legal framework for protectin of unregistered marks were listed as Singapore's key areas of strength, while high rates of software piracy (although dropping) was a key area of weakness.
Singapore Customs maintained enforcement efforts against counterfeit and contraband goods during the course of 2015, the study said, but lamented the limits on ex officio powers with regard to in-transit seizures.
