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Import / Export Business and International Trade

Topic:Business Management, Others

Course Type:Short & Modular Courses

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Overview

  • Course Date:

    27 May 2024 to 28 May 2024
    18 Jun 2024 to 19 Jun 2024
  • Registration Period:

    27 Mar 2024 to 27 Apr 2024
    19 Apr 2024 to 18 May 2024
  • Time:

    09:00 AM to 05:00 PM,
    14 hours
  • Mode of Training:

    Facilitated Learning (F2F)
  • Venue:

    Singapore Polytechnic
  • Funding:

    Eligible for SkillsFuture Credit

Course Objective

This workshop enables participants to understand the proper procedures in doing import / export and to equip the participants with the necessary skills in doing international trade.

Course Outline

Day 1 
• Understanding international trading terms (e.g. EXW, FCA, CFR, etc.)
• How to do quotations and to prevent losses
• Using the latest terms to your advantage
• Importance and proper uses of documents
• Understanding B/L and AWB
• Purpose of invoice and packing list
• Certificate of origin and it’s applications

Day 2 
• The need for cargo insurance
• Types of policies
• Understanding the exemption clauses
• Claims procedures for damaged cargo
• Types of international payment and transaction
• Operation of letter of credit
• Types of letter of credit
• L/C negotiation
• How to overcome L/C discrepancies

Minimum Requirements

There are no minimum requirements for this course.

Certification / Accreditation

  • Certificate of Attendance (electronic Certificate will be issued)

A Certificate of Attendance will be awarded to participants who meet at least 75% attendance rate

  • Certificate of Completion (electronic Certificate will be issued)

A Certificate of Completion will be awarded to participants who pass the assessment and meet at least 75% attendance rate

Suitable for

Those who are involving in performing tasks relating to the import / export or international trade activities.

Course Fees

The course fees payable above are inclusive of 9% GST rate.

Applicants/Eligibility SkillsFuture Funding GST* Subsidised Fee (after GST)
Singapore Citizens aged 40 and above¹ $342.00 $9.12 $47.12
Singapore Citizens aged below 40 $266.00 $9.12 $123.12
Singapore Permanent Residents and LTVP+ Holders $266.00 $9.12 $123.12
SME-sponsored Singapore Citizens, Permanent Residents and LTVP+ Holders² $342.00 $9.12 $47.12
Others (Full fees payable) $0.00 $30.40 $410.40

*As announced at Budget 2022, there will be no increase in government fees and charges for Singaporeans from 1 Jan 2023 to 31 Dec 2023. Also, as per SSG’s policy, the GST payable for all funding-eligible applicants is calculated based on prevailing GST rate after baseline funding subsidy of 70%

Singaporeans aged 25 years and above may use **SkillsFuture Credit balance to offset respective course fees.

1 Under the SkillsFuture Mid-career Enhanced Subsidy. For more information, visit the SkillsFuture website here
2 Under the Enhanced Training Support for Small & Medium Enterprises (SMEs) Scheme. For more information of the scheme, click here. To view SP’s list of similar funded courses, click here. Please submit the attached “Declaration Form for Enhanced Training Support Scheme for SME” together with your online application.


Funding Incentives

Please click here for more information on funding incentives.


Course Trainer(s)

Dr William Goh

Dr William Goh (PhD, MSc, BBus(Tpt), Dip in Shipg Mgt, MCIT, MISM) has more than 20 years of experience in import/export and international trade. Dr Goh is involved in 13 years of lecturing in international trade. He is the author of three shipping books and is a shipping consultant for over 10 years. Dr Goh is the Principal Consultant of Elim World Trade, Research and Training Resources.

Application Procedure

1. Application must be made through STEP. 

2. All successful applicants will be notified with a letter of confirmation via email.
 

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