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A number of markets have implemented COVID stimulus packages, some announcing their second packages.

Keep a close watch for potential opportunities and be ready to move quickly if they present themselves.

Maintain close contact with your preferred freight forwarders and shipping lines, as they will be receiving constant updates from their own networks. There are a number of major shipping, road and air freight companies providing excellent snapshots and updates on the current logistics situation around the world.
Working smarter not harder in the UK Sponsored by New Zealand Trade and Enterprise. This includes the possibility that a trade agreement is not reached between the UK and the EU by the end of 2020. At NZTE, we have always worked on the principle that we go where our customers need us.

The measures will support workers, enhance operational readiness and resilience, accelerate digitalisation and boost capabilities across sectors. To move quickly, corporations and organisations have become even more reliant on partnerships and collaborations. Singapore initiated an agreement with port authorities around the world to keep ports open for trade amid the coronavirus pandemic. To deliver this freight capacity, NZTE and the Ministry of Transport (MOT) are assisting Air New Zealand with funding support. In New Zealand, we realised that companies needed immediate and practical advice on how to keep operating, so we moved $4 million from our normal operating expenditure to create an Export Business Continuity Service, in partnership with PwC, Deloitte and KPMG.

As online orders for groceries surge due to the coronavirus outbreak, RedMart has prioritised the sale of daily essentials such as milk powder and rice, and has made changes to its logistics to cater to the demand.

Centers for Disease Control and Prevention (CDC), Videos: Government procurement and COVID-19, Budget 2020: a roundup of business support, NZTE increases support for exporters as part of economic recovery, Faster access to "top-up cover" for trade credit insurance, COVID-19: $17.2b economic response package, Singapore's Ministry of Health (MOH) COVID-19 updates, Procter & Gamble donates 300,000 care packs worth $5 million to migrant workers, Call for S'pore firms to seize spirit of innovation.

In some cases previously approved visas may not be valid for entry. Learn how changes related to Brexit might impact New Zealand export businesses and how to prepare.



E-commerce players are doing very well as consumers switch to online purchases to minimise social contact.

From 1 September 2020, the Singapore Government permits travellers from New Zealand and some other countries to travel to Singapore subject to a negative COVID-19 test upon arrival. S$2 billion was committed to SGUnited Jobs and Skills Package was announced to create close some 100,000 opportunities for workers affected by the COVID-19 economic slowdown; involving around 40,000 jobs, 25,000 traineeships and 30,000 skills training opportunities. Meanwhile, the 2021 GDP growth forecast has been raised to 10.8% year-on-year from 7.8% previously, due primarily to an even more favourable base effect. Your place to discover, learn and connect. You can find further details on the Managed Isolation and Quarantine website. The economy may shrink by 6% overall this year, according to MAS. Older demographics trust New Zealand products more than younger consumers. MTI has acknowledged a sharp fall in tourists is affecting the tourism and transport sectors. Below you can find information and contact details for other New Zealand government and international agencies regarding their response to COVID-19. Singapore has also committed S$19 billion in the next five years for research and development, with a portion of it going to health and biomedical sciences.

The most successful FinTech companies are those that can launch campaigns to help small businesses. What this means for New Zealand exporters: Find ways to seek connections to industry leaders to get a "view from the top", Build your presence - through connection platforms, introductions, speaking opportunities etc - to become top-of-mind when corporates/organisations look for potential collaborators. Singapore was one of thirteen countries in the Ministerial Coordination Group on COVID-19 that has issued a Declaration on Maintaining Essential Global Links. The Monetary Authority of Singapore (MAS) announced a S$125 million support package for FinTech to deal with the immediate challenges from COVID-19 and position themselves for recovery and future growth. New Zealand's borders are currently closed to almost all travellers.

If you're unsure who to contact or haven't worked with us before, you can call NZTE on 0800 555 888 or email below and one of our Customer Advisors will help you. Let myNZTE help you prepare for the new world we find ourselves in.

According to a report by Galen Growth Asia, Singapore clinched S$145.78 million (US$105 million) in healthtech deals in 2018, making it the city with the fourth largest deal volume in Asia. However, in the short term, the disruption of supply chains and foreign work availability will challenge the industry. New Zealand is currently at COVID-19 Alert Level 1. FinTech can gain stronger footholds and are uniquely positioned to assist small businesses. The affected dormitories are being isolated, and the Government is moving healthy essential workers to other facilities such as floating hotels, military camps and vacant HDB flats.

Make sure you proactively check with organisers for any tradeshow or event you're scheduled to attend – conditions and regulations are changing rapidly overseas, and events may be postponed or cancelled at short notice. New Zealand's image can help companies trade off natural, organic and sustainable claims in Singapore, with perception of its ability to produce natural products very high in Singapore at 79%.

The group also included ministers from Canada, Brazil, France, Germany, Indonesia, Italy, Mexico, Morocco, Peru, South Korea, Turkey and the United Kingdom. Reference: Ministerial-Coordination-Group-on-COVID-19. Healthtech, considered a sub-sector of Deep Tech, also receives a Singapore Government incentive of 70% of funding in the initial investment of S$500,000. Make the safety and wellbeing of staff your immediate priority, and ensure you make use of available support from Government if required. WorkSafe - how are you adapting to COVID-19? If you're unsure who to contact or haven't worked with us before, you can call NZTE on 0800 555 888 or email below and one of our Customer Advisors will help you. We'll help you get your business ready for exporting and investment, equip you with local knowledge and connect you to investors, advisors and partners. You can also visit myNZTE, our free online portal offering curated, in-depth information and guidance to help you navigate your export and capital raising journeys. We spoke to initiator and director Tracey Lee about how the campaign went.

So, for example, the BDMs in the US will be specialists in Food & Beverage, Health & Wellness and Specialised Manufacturing. If the UK and EU do reach a trade agreement, then trade between them will depend on the tariff preferences and rules negotiated. For more information on doing business in Singapore, visit myNZTE - our free online portal for curated, in-depth information and guidance.

In this year’s Budget we received an additional $216 million over the next four years as part of the New Zealand Government’s Plan for Trade Recovery. Before the pandemic, edtech was expected to grow to US$40.9 billion this year, according to Research and Markets. We're available to talk to you about any issues your export business is facing due to COVID-19. Get exporting help from NZTE. After 31 December 2020, changes will impact New Zealand businesses trading with the UK, or trading between the UK and EU.

This is to share the costs in a way that fairly reflects the benefits of a robust system, both for the New Zealand public and for those leaving and entering the country.

You can access a Business Continuity Plan template in our webinars, useful tools and resources section. Larger companies have been more resilient to COVID-19-related shocks and have been able to navigate supply chain disruptions.

Fourth stimulus package – "Fortitude Budget".

It doesn’t matter whether it’s digital lead generation, digital sales and marketing, digital B2C or B2B, or even digital (virtual) trade shows, you just have to build your capability. Dairy, food preparations, fruit and wine have grown consistently over the last decade, but meat and seafood exports have struggled, decreasing by 40% and 30% respectively since 2010.

MFAT Monitoring International Supply Chains. Get in touch proactively with your insurance provider – and stay in touch daily, Understand what the impacts of force majeure mean.

According to Statistica, almost every retail industry in Singapore saw a drastic decline in its June 2020 sales compared to June 2019, except for supermarkets and hypermarkets, which experienced a significant increase of over 40% in their sales compared to June 2019. About 90% of Singapore's cases are linked to crowded foreign workers' dormitories. you move as fast as your awareness, Ground-up initiatives and community-needs indicate where companies can be more relevant to segments or consumers - i.e. you are as successful as who you know, A huge part of doing something "new" entails adapting what is already available in society or marketplace - i.e. According to The Straits Times, groceries and food, indoor exercise equipment and gaming tools have emerged as the most popular categories for online shopping. Some insurance providers may not insure for loss, damage or delay to some cargo under the current circumstances.

The transit flights are only for outbound journeys from Australian cities Adelaide, Brisbane, Melbourne, Perth, Sydney, as well as New Zealand cities Auckland and Christchurch. "Significant uncertainty" is the phrasing offered by the Monetary Authority of Singapore (MAS) on how long and intense the negative impacts of COVID-19 on the economy will be. Check it out and join the conversation here. Most countries in the region have closed their borders to all but returning citizens and essential workers, keeping key infrastructure operating.

Industry leaders are still actively on the lookout and working with partners to identify advanced solutions in areas for food, sustainable operations, packaging and health. New Zealand companies have benefited from the surge in online learning during the pandemic, with at least one provider inundated with enquiries. You may be able to get an exemption from managed isolation, but generally only in exceptional circumstances and where the public health risk to New Zealanders is low or can be managed.