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Online service launched to cut trade red tape

From left: Director of the Networked Trade Platform Office Serene Ho; co-chair of the National Trade and Logistics Inter-Agency Steering Committee Tan Kim Siew; Minister for Finance Heng Swee Keat and the director-general of Singapore Customs Ho Chee Pong launching the NTP at the Orchard Hotel on Wednesday.


A SINGLE trade today can involve more than 25 parties, generating 30 to 40 documents and requiring 60 to 70 per cent of the information to be manually re-entered at least once.

But a new online trading service, which combines all customs and trade-related services into...

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