The Business Times
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Online service launched to cut trade red tape

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Published Wed, Sep 26, 2018 · 09:50 PM

    Singapore

    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 one platform, aims to cut back on such onerous paperwork.

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