REALLY USEFUL RESOURCES
for international trade professionals
  Thursday, January 6, 2011         Issue 254         Volume 11 Number 1 Read previous issues online
This Newsletter is sponsored by Management Dynamics
Dear International Traders,

GlobalTrade.net, is FITA Online’s dynamic new resource for the worldwide international trade professionals. It combines a "Knowledge Resource" of content contributed by professionals worldwide as well as the first Directory of International Trade Service Providers.

We invite our subscribers to take a look, register (click on "Create profile" on the upper right corner of the home page) and start uploading your content in the form of text, pdf files, PowerPoint presentations, videos and RSS feeds.

And we especially invite service providers to set up their profiles and gain high visibility. In just 2 months, Globaltrade.net has already achieved the top spot on Google searches for "international trade service providers".

This week in Really Useful Sites you will:
• Learn about doing business in Singapore
• Get the latest information about growing Latin American economies
• Find information about African infrastructure development
• Get a discount on international trade training at the eBSI Export Academy

Click here to read this issue on our website
Also in this issue:
Follow Us
Three featured service providers this week.

If you are a service provider:

Join GlobalTrade.net and be featured as an expert
Featured job this week:
• Export Compliance Administrator

If you are Employer:

Post Your Job Openings
Upcoming U.S. Commercial Service Events & Webinars:
• 9 events for Going Global

Participate
REALLY USEFUL SITES

SINGAPORE
Our Featured Country
www.edb.gov.sg

Singapore is a city-state of 5 million inhabitants in a territory of 710 square km on an island off the southern tip of the Malaysian peninsula. It is a hub of the fast-growing Asia Pacific region, thanks to its strategic location on major sea lanes and good connections to the main ports of the region. This island nation is one of the most important harbors and one of the most powerful financial centers in the world. The main industries of the country are the manufacturing sectors (including electronics and petrochemical industries), followed by wholesale and retail industries and business services and financial services. For recent macroeconomic evolution, consult the Report of the Monetary Authority of Singapore: Recent Economic Developments in Singapore

Singapore’s economy is highly dependent on external trade, which makes up more than 400% of the country’s GDP. The trade policy of the country is based on the free trade principles of promoting exports while minimizing barriers on imports. Singapore has signed numerous bilateral agreements and is a signee of the ASEAN Trade in Goods Agreement. Singapore imports machinery and equipment, mineral fuels, chemical products, food commodities and consumption goods from United States, Malaysia, China, Japan and Indonesia. The country exports machinery and electronic equipment, consumer goods, pharmaceutical products and mineral fuels to Hong Kong, Malaysia, China, Indonesia and the United States. For more details, visit the Foreign Trade Statistics on Singstat, the Singapore Official Statistics Website.

The World Bank "Doing Business" index ranks Singapore as the easiest country in the world for doing business, credit allocation to foreign investors, easy regulations system, tax incentives, high quality industrial real estate stock, political stability, lack of corruption and transparency of transactions make Singapore an attractive investment destination. The main investors are the United Kingdom, the United States, Japan, the Netherlands and Switzerland. In terms of distribution, financial and insurance services, manufacturing and wholesale and retail trade get the most FDI. Read the Singapore Economic Development Board’s Guide to understand more about direct investment in the city-state.

The distribution sector in Singapore is similar to "western" economies, with large-scale distribution structures that dominate most of retail sales. The high standard of living of the Singaporeans and their taste for "occidental" products attract many foreign consumer goods marketers.

International Enterprise Singapore is the trade promotion agency of the Singapore government. Use their website to find business partners and learn about various export finance programs that can help your business in the country.

For more information about the country, visit the websites of the Singapore Embassy in the United States, the American Chamber of Commerce in Singapore, and the U.S. Commercial Service in Singapore. The sites give extensive information about the market with news and business guides, and the Commercial Service programs conferences, trade missions and training. If that's not enough, you'll also find plenty of good research at the FITA Mini Portal of Singapore a feature of the FITA Web site. The FITA Mini Portal has an overview of the country, with facts about the language, currency, climate, etc., plus more specific information about the economy, markets, taxes, labor market indicators, and tips on doing business in Singapore.

The Singapore Mini Portal is one of many research gateways at the FITA site. To find Mini Portals for other countries, just click on "Country Profiles" from within a Mini Portal, or at the FITA home page.

return to top
LatAmEconomy.org
Your Economic Portal for Latin American
www.latameconomy.org/en

LatAmEconomy.org is the latest evolution of the annual Latin American Economic Outlook report. Its wide country coverage and methods of analysis are essential for anyone seeking to understand the economic, social and political developments of Latin American countries. The website provides comprehensive and comparable data and analysis. Latin American Economic Outlook 2011 report is available online. Click here to download the report or to read the summary. You will learn the reasons why Latin America has done much better than other regions during the crisis, but also the challenges that the regions faces in sustaining development.

LatAmEconomy.org is managed by the Organization for Economic Co-operation and Development (OECD) Development Centre. The Centre links experts and politicians from OECD members and partner countries. It encourages policy dialogue, supports communication on development matters and publishes a range of high-quality products for the research and policy communities. Its aim is to foster debate and discussion to seek creative policy solutions to emerging global issues and development challenges.

return to top
START OPTIMIZING YOUR SOURCING STRATEGY TODAY
Request a Complimentary No-Obligation Demo
info.managementdynamics.com

Management Dynamics

Trade Planner Allows You to Minimize Supply Risk
In today’s global economy, companies try and cut costs wherever they can. One way to do this is by making better sourcing and distribution decisions.

Management Dynamics' Trade Planner can help. This scenario-based planning tool enables supply chain teams to quickly and accurately evaluate international sourcing and distribution strategies to optimize total landed cost while assessing the impact of trade regulations.

Trade Planner fully automates the product classification process and identifies embargoes, prohibitions, license requirements, and product-specific barriers to importing and exporting when shipping across borders. Learn how Trade Planner can help your organization:
• Get everyone on the same page - Purchasing, Logistics and Distribution - to truly optimize landed costs
• Accurately assess the risks of sourcing or distribution decisions based on prevailing regulatory controls
• Reduce the time to analyze, plan, reopen, and test scenarios as market conditions change
• Download scenarios to Excel to perform more complex calculations

As a result, your extended supply chain team can develop better sourcing and distribution strategies.

Request a no-obligation demonstration to start optimizing your sourcing strategy today!

return to top

AFRICAN INFRASTRUCTURE
Interactive Data on Infrastructure in Africa
www.infrastructureafrica.org

The Africa Infrastructure Country Diagnostic (AICD) is an innovative World Bank program to improve public understanding of Africa's infrastructure situation. By rigorously evaluating past infrastructure policy reforms, the AICD assists policymakers in setting priorities for current infrastructure investments and provides a baseline for monitoring progress.

The advantages of this website are its focused World Bank data on infrastructure, its interactive maps and customized reports for quick overviews of the countries.

return to top
eBSI EXPORT ACADEMY
Save 50% on Advanced Certificate In International Trade Online Training program by 22 January 2011
www.ebsi.ie

eBSI Export Academy has been delivering Online Certified Training in International Trade, Logistics and Finance of International Trade for now 10 years! To celebrate our 10th anniversary and as an introduction to FITA newsletter subscribers we are offering a once off 50% discount off our course fees for course enrolments for our International Trade Specialist Advanced Certificate program which will be starting on 22 January 2011. All enrolments for this international trade course using the FITA2011 coupon code when enrolling for this program will save EUR 1,000 off the normal price of EUR 2,000 for this online certificate course covering eBusiness and digital marketing, Export Marketing Operations, Trade & Customs procedures, and Finance of International Trade. Our Finance of International Trade Course has been used in training all around the world for the leading development banks and Trade banks. All course participants receive lifetime course access, lifetime support through our online forums and lifetime updates to course content. Course leads to certificate from the Institute of Export UK, the oldest institute of Export in the world. Enrolments for this intake of the International Trade Specialist Advanced Certificate Program will also receive as a bonus our new Digital Marketing certificate course worth EUR 1,000 for either themselves or a nominee of their choice.

Contact Thomas Smith to take direct advantage of this offer.

return to top
USEFUL SERVICE PROVIDERS

INTERNATIONAL TRADE SERVICE PROVIDERS
Service Providers Listed in the GlobalTrade.net Directory of International Trade Service Providers
www.GlobalTrade.net

ImportGenius.com - Business Intelligence in United States
Euroconcept-S - Arbitration and Mediation in Russia
Kingfisher Shipping Agencies PVT LTD - Freight Forwarder in India

return to top
FITA CAREER HEADQUARTERS

FITA CAREER HEADQUARTERS
Export Compliance Administrator
www.fita.org/jobs

In the FITA Career Headquarters job seekers can now apply for jobs online and post their resume -- free of charge -- in an exclusive database that will be searched by hundreds of industry employers seeking employees with international degrees and/or related work experience. Featured this week is a listing for a Export Compliance Administrator for Universal Avionics Systems Corporation in Tucson, AZ. Click here to browse more than 700 other positions!

Employers - Click here to advertise your job openings on FITA's Career HQ.

Let the jobs come to you! Employers are looking for people with international skills. Post your resume TODAY and reap the rewards of the FITA Career HQ! And with a FITA Career HQ job agent, you can decide what kind of job you are looking for and let the system do the searching for you. Simply set up specific search parameters in a Job Agent, and whenever a job is posted that matches your criteria, you'll be notified automatically via email. It's that easy!

return to top
U.S. DEPARTMENT OF COMMERCE EVENTS

U.S. Commercial Service Events and Webinars
Resources for Going Global
www.export.gov/eac/trade_events.asp

The U.S. Commercial Service, a division of the International Trade Administration of the U.S. Department of Commerce, sponsors and participates in many events and webinars that help U.S. exporters sell overseas and help overseas buyers learn about U.S. exports. The Commercial Service has a searchable database of these events worldwide at www.export.gov/each/trade_events.asp. Below are some upcoming events:

Learn How to Tap the Global Marketplace. As part of the National Export Initiative, the Commerce Department is offering a series of free webinars on the basics of exporting. Webinars will cover writing an export plan, shipping goods to international buyers, classifying products under the harmonized system and estimating the full cost to the international buyer of delivering your products. The first program is Jan 19 on "How to Write an Export Plan". Learn more/register
Secretary-Led High Technology Business Development Mission to India. In 2011 join Secretary of Commerce Locke on a mission to explore High Technology opportunities in India.
IncoTerms 2010 Seminar, January 7, 2011, Pittsburgh, PA.
Booming Opportunities in India for U.S. Franchisors, Webinar, January 12, 2011, 10 AM EST.
Webinar Series: Trade Winds 2011: Mexico and The Americas, January 17, 2011; February 17, 2011; March 17, 2011.
Financial and Legal Considerations when Exporting to Mexico, January 18, Philadelphia, PA.
Executive Led Multi-Sector Trade Mission to Nigeria, March 8-10, 2011.
The Asia Pacific Business Outlook Conference, March 28-29, Los Angelse, CA.
Trade Winds Forum - The Americas, April 6-12, Mexico City, Mexico.

return to top

Do you have interesting website for International Trade?
Submit Your Website

And don't forget -- if you'd like more information about international trade, go to FITA's Really Useful Links, which has a link library of more than 8,000 sites related to international trade.

Please feel free to pass this newsletter on to others.

If you do not wish to receive ongoing communications via e-mail from FITA, please click on "Manage your subscription" below.

Please note that our newsletter comes from the e-mail address newsletter@fita.org. If your organization uses spam filters, or if you use a junk e-mail filter, please set it to receive e-mails from newsletter@fita.org or the domain fita.org.

Published by FITA Online, 172 Fifth Ave., #118, Brooklyn, NY 11217 USA.
Copyright © 2011 GlobalTrade SAS. All rights reserved.