How to import in Singapore?

What does importation into Singapore mean? Importation refers to the process of bringing goods; either from an FTZ (Free Trade Zone) or any other entry point into a Customs territory,…

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Customs Invoice

One question that often comes up in supply chain operations is: “What is the invoice format required by Customs?” The Customs invoice is an important document used in any supply…

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Letters of Credit: How Do They Work?

The concept of a letter of credit is easy to understand if you already have some knowledge of escrow services. Basically, the bank acts as an independent 3rd party, holding…

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