06/08/2014

How to use new media technologies to identify trade opportunities in Asia

New media technologies have transformed the way we communicate, network, and share information. They can also play a key role in the identification and validation of trade and investment opportunities. Furthermore, these technologies can enable you to keep abreast of on-the-ground developments in your market of interest.

01/08/2014

Top three potential barriers to foreign market entry

Companies entering new markets might face problems or increased costs because of the business environment and the way in which companies operate. For example, marketing services might be prohibitively expensive. The banking system might be undeveloped, and certain payment mechanisms may be unavailable. Letters of credit might be unreliable or difficult to obtain.

18/07/2014

The basics of global trade transactions for your imports and exports

A company that has decided to export its products to a new market or to buy from a new supplier in a different country cannot take for granted that the potential transaction(s) will be viable, profitable or provide goods at a price and quality that are competitive. From a financial point of view, a transaction may prove unrealistic if the cost of entering a market is too high, the competition is gruelling, or the price the company needs to charge in the new market is not competitive.

27/05/2014

The global village is waiting for your products. How ready are you?

Human beings are social by nature. This explains the billions of dollars we spend every year on tourism. We travel the world to enjoy new scenery, to meet new people, to try new foods, and for the newness of the experience. When we have goods and services ‘tour’ across international borders, we call it international trade.

08/04/2014

Human or machine translation for your international business communications?

Google or not to Google? That is the question. Or rather, when it comes to translating important international business communications, that’s one of the questions a new exporter may ask. That’s because free translation online—what the translation industry calls machine translation, or MT—can be really tempting to time- or budget-pressed exporters.