Byline: Karen Reddington, President, Asia Pacific, FedEx Express Traditionally, small businesses began in one’s backyard – selling to friends and neighbours. As these small businesses grew and ventured abroad, they would have sought out markets close by or those which were culturally similar before going beyond. But the Internet and e-commerce has made the world smaller […]
Within the next decade, global trade and logistics could be virtually unrecognisable from what we see today. Digital and physical disruption will change the way customers and suppliers connect, and the way supply chains are managed. The barriers to entry to global trade are being torn down, and technological advances across the value chain are […]
For small business owners, the intrigue of taking their products and services off shore can be too exciting to ignore. But among all the hype that international business can bring, there are still numerous risks to assess and manage if you decide international trade is right for you. Perhaps the most important area to consider […]
As the mining boom continues to lose pace, Australia’s trade and investment profile is changing. While the growth of our commodities sector may have diminished, other sectors are performing well as demand for Australian products and services overseas is strong and, in many sectors, growing. Against this background, there are a number of opportunities for […]
Access to finance continues to challenge the growth of Australia’s internationally-active businesses according a new survey commissioned by the Export Council of Australia and supported by Efic, the Australian Government’s export finance agency. The new Australian International Business Survey (AIBS) 2015 is one of the largest and most in-depth surveys of Australian exporters involving over […]
While Australian SME exporters continue to win contracts against global competitors, many find it difficult to access the finance they need to secure these opportunities.
Compliance issues, red tape, and a lack of knowledge relating to FTAs are holding back many of Australia’s businesses from engaging in international trade, according to a new survey by the Australian Chamber of Commerce and Industry.
A series of international trade events will be held across Sydney to recognise the importance of international trade to the NSW economy during World Trade Week NSW.
Merchandise imports for June were up 4 percent to $17,911 million, an increase of $621 million on May, but is unlikely to impact the RBA’s decision on rates in August.
China is opening its doors to foreign companies, and those that understand Chinese culture and the scope of the Chinese market will have an edge over competitors. Here are some cultural conventions to give foreigners an advantage when exporting to China: Small talk is critical to relationship building. Taking the time to make conversation will […]
