Overview: Networked Trade Platform · A national trade info-ecosystem that provides the...

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Overview: Networked Trade Platform

Transcript of Overview: Networked Trade Platform · A national trade info-ecosystem that provides the...

Page 1: Overview: Networked Trade Platform · A national trade info-ecosystem that provides the foundationfor Singapore to be the world’s leadingtrade, supply chain and trade financing

Overview:Networked Trade Platform

Page 2: Overview: Networked Trade Platform · A national trade info-ecosystem that provides the foundationfor Singapore to be the world’s leadingtrade, supply chain and trade financing

© 2019 Singapore Customs2

Business to Business

Business to Government

Singapore has always been adapting to the changing business and technological landscape in order to retain our competitive edge

TX DECOMMISSION DATE: OCTOBER 2018

TradeNet (TN)1989: Singapore’s National Single Window, containing WOG regulatory trade declaration processing requirements

12 Competent Authorities,

36 Controlling Units

B2G declarations (9 mil permits annually, 95% within 3 minutes)

2007: National Integrated IT Platform to integrate trade and logistics IT systems for sea, air, land and government

(TX)

Developers/ Value-Added Service

(VAS) Providers

Supply Chain community

(corporates, logistics providers)

Networked Trade Platform (NTP)

DATA TOOLS& VAS

PARTNERS & NETWORKS

DEVELOPER ZONE

GOVERNMENT SERVICES

Functions to digitiseand automate

business processes and to promote connectivity to

business partners and VAS Providers

Government applications, declaration

submissions,management of trade permits, schemes and

licenses

Blogs, Forums and Communities to

enable trade-based discussions on

trends, industry best practices and

opportunities

Innovation infrastructure and

tools to assist developers to

design and build VASes to be offered

on the NTP

NEUTRAL OPEN NOT-FOR-PROFIT

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© 2019 Singapore Customs3

On 26 September 2018, the Networked Trade Platform was officially launched by the Minister for Finance

Introduction to the NTP: Background

The NTP is a transformational platform, which will take us from a traditional national single window which gives traders a one-stop interface for all trade related regulatory transactions, to a one-stop interface that will enable them to interact with all business partners, stakeholders and regulators on trade related transactions. This will help companies raise productivity, boost competitiveness, and uncover new opportunities…

…Going forward, we must work towards greater connectivity, especially with our trading partners around the world. Our vision is for this to be a truly global network, to enable the efficient flow of goods and services, linked to a secure flow of financing, facilitated by a swift exchange of data, so that all parties, including regulatory and Customs authorities, can work together to facilitate trade.

EXCERPT FROM KEYNOTE SPEECH BY MINISTER FOR FINANCE, HENG SWEE KEAT

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© 2018 Singapore Customs4

One-stop business portal for Singapore-based companies to access a wide range of trade-related services

Widest range of trade-related services• Single window to all Singapore trade regulatory

agencies• Linked to other trade-related platforms• End-to-end connections to shippers, logistics

providers, carriers, banks and insurers

Linking cross-industry transactional datafor greater insights

Maximise reuse of digitised data to cut costs & streamline processes

THE

VISION

A national trade info-ecosystem that provides the foundation for Singapore to be the world’s leading trade, supply chain

and trade financing hub

Open Platform that enables innovation and participation from the private sector service providers

Supported by:

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© 2019 Singapore Customs5

One-stop interface that enables interactions with all business partners,

stakeholders and regulators on trade related transactions

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© 2019 Singapore Customs6

DATA TOOLS & VAS

PARTNERS & NETWORKS DEVELOPER ZONE

GOVERNMENT SERVICES

The NTP provides enhanced existing functionalities and introduces new ones on a single integrated platform

NTP Features & Services: Core Functionalities

APIs Developer Services

Catalogue

PaaS

NEW! NEW!

NEW!

CommunitiesBlogs Forums

Opportunities Search Business Partner

Trade Documents Digitisation

Document Data Conversion

Company Dashboard

Messages

Digital Trade Connectivity

Tasks & Notifications

Document Tagging

Value-Added Services

Data Repository

Single Sign-On (SSO)

ENHANCED!

Trade Registration and

Management

Declaration and Permit

Management

Schemes and Licences

Management

Customs Advice Applications

Inventory Management

Advanced HS Code Search

Certificate Applications• Certificate of Free Sale• Certificate of Non-Manipulation• Import Certificate and Delivery Verification• Landing Certificate• Cargo Agent’s Import Authorisation• Vessel Registration• Kimberly Process License• Submission of supporting documents with

permit conditions

Note: indicates functionalities that are available today Other functionalities will progressively rolled out in future releases

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BE CONNECTED to the wider trade ecosystem, local and Overseas

Key gateway for digital connections to cross-border platforms

NTP

Singapore TradersSingle window to Singapore Customs & all trade regulatory

agencies

Trade Financiers & Insurers

Logistics Service Providers (LSPs)

Partnerships with Commercial Networks

Global Trade Connectivity Network (GTCN), NTTD (Japan), GeTS XBS, VCC International Connectivity

Trade-related Value-Added

Services (VAS)

Government-to-Government arrangements

ASEAN Single Window (ATIGA), China (ACFTA), Customs Adminstration of Netherlands

Other Trade Platforms

Foreign Traders

Foreign CustomsTrade Financiers &

Insurers

Shipping Lines

Logistics Service Providers (LSPs)

Overseas Business Partners

Illustrative, not comprehensive

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Building an ecosystem of Value-Added Services on the NTPNTP Features & Services: VAS Ecosystem

TRADE DIGITISATION & PRODUCTIVITY

TRADE FINANCE, INSURANCE & PAYMENTS

SUPPLY CHAIN & FREIGHT

…AND MORE TO COME …AND MORE TO COME…AND MORE TO COME …AND MORE TO COME

TRADE SERVICES

Doc Standards Translation

Fleet Optimisation

Cloud ERP International Connectivity

Container Booking

Cloud FMS Trade Permit Prep

Permit ReporteCOPreparation

Supply Chain Financing

Doc Prep for LCMarine Cargo Insurance

Workflow Digitisation & Automation

Blockchain(GTCN)

Track & TraceeFreight FTA OptimiserPermit ReturnACCESS Return Integrated B2B Payment

Credit Risk Information

Freight Invoice Reconciliation

Trade News TF E-application

Portal

GST Reporting /Reconciliation

Trade Finance Compliance

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Building an ecosystem of Value-Added Services on the NTPNTP Features & Services: VAS Ecosystem

TRADE DIGITISATION & PRODUCTIVITY

TRADE FINANCE, INSURANCE & PAYMENTS

SUPPLY CHAIN & FREIGHT TRADE SERVICES

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www.ntp. gov.sg

© 2018 Singapore Customs