Dr Tan Wu Meng: To ask the Minister for Trade and Industry whether the Ministry has studied the possibility of trade associations and chambers (TACs) playing a greater role in supporting sole proprietors of micro SMEs in the event of landlord-tenant disputes, where such disputes are not handled by the Small Claims Tribunal and where the sole proprietor may be elderly or of limited means and bargaining power.
Written Answer by Minister for Trade and Industry Gan Kim Yong
1. The Code of Conduct for Leasing of Retail Premises in Singapore, issued by the Fair Tenancy Industry Committee (FTIC) last year, has established guidelines to enable fair and balanced lease negotiations between landlords and tenants, including sole proprietors. The FTIC has also established an accessible dispute resolution channel through the Singapore Mediation Centre. The Singapore Business Federation facilitates the work of the FTIC, which includes members of major tenants and landlords, as well as trade associations and chambers (TACs). Tenants who have queries or require any assistance can approach the FTIC for help. Details are available on the FTIC’s website at www.ftic.org.sg.