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Singapore Trade Development Board
Changes in world trade patterns and in what the
government
viewed as an increasingly protectionist international
trade
environment prompted the establishment of the Trade
Development
Board in 1983 as a national trade promotion agency. Based
on the
recommendations of specialists, the board formulated
policies
reflecting the needs of traders in general, as well as the
specific
needs of particular trade sectors. Initial areas of focus
were
trade facilitation of electronics, printing and
publishing,
textiles, and timber products. The Trade Development Board
reviewed
existing marketing policies, strategies, and techniques
and
explored new opportunities in both traditional and
nontraditional
markets. The board assisted both local and foreign
companies
interested in using Singapore as a base for such trading
activities
as warehousing and distribution. The Trade Development
Board also
helped Singapore companies market their products by
assisting them
in improving their product designs.
Data as of December 1989
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