KUALA LUMPUR – KASS International Sdn Bhd – a well-established Intellectual Property (IP) boutique firm located in Kuala Lumpur, announced today the opening of its new office in Singapore which will serve to oversee and coordinate KASS’ operations in the region.
“Aspiring to be the ‘IP heartbeat of South East Asia’, KASS International speaks local languages of the region, giving us a natural advantage over other firms, especially when undertaking cross-border filings,” said Mr P. Kandiah, Managing Director of KASS International. “Singapore is a natural location for housing our regional office, as it is already a gateway for companies looking to expand in South East Asia.”
The opening of KASS’ Singapore office was prompted largely by the increasing demand for IP services in South East Asia.
Kandiah said, “Appreciation for IP and the need for IP services have grown tremendously over the last few years, both within the South East Asian countries and by foreign applicants coming to this region. In Singapore alone, registered patents have risen 22% from 7,908 in 2003 to 9,692 in 2008. Trademark applications have remained consistent at an encouraging average of 24,000 new applications every year, while industrial design applications have jumped a significant 62% from 1,305 filed in 2003 to 2,120 in 2008.
Similar trends are also observed in Malaysia where patent registrations have risen 42% from 1,578 in 2003 to 2,242 in 2008. Trademark registrations increased 129% from 12,122 in 2003 to 27,847 in 2008. Growth of industrial design registrations averages over 1,400 per year.