There is no specific law for protecting trade secrets in Singapore. Legal protection is provided through the law of confidence.

Membership in International Conventions

– WTO's TRIPS Agreement, since January 1, 1995.
– Paris Convention for the Protection of Industrial Property, Stockholm Act, since February 23, 1995.

Protection

Definition: a trade secret generally refers to information which is not known to the public, or in the public domain, but is private to the company or individual who possesses that confidential information.

Criteria for enforcement: the information must: (1) be secret; (2) be valuable; (3) the owner must take reasonable steps to protect it.

Assignment - licensing: possible.

Remedies for misappropriation: injunction and damages.

Comments: trade secrets are protected through the law of confidence, which protects all types of confidential information. To qualify, the information must be confidential in nature, and imparted in circumstances where there was an obligation of confidentiality.