សារព័ត៍មានពាណិជ្ជកម្មកម្ពុជា

Chapter 2 Joining a Global Value Chain   Introduction to Globalization Economic globalization refers to the rapid expansion of international trade and capital flows that has been occurring since the early 1990s and to the increase in foreign direct investment (FDI) that has accompanied this expansion. As a result, the economies of the world’s countries have become much more closely integrated than ever before. That’s the abstract way of looking at globalization. In concrete terms, globalization has caused myriads of businesses to divide their products or services into components. Then, instead of producing the components themselves or obtaining them from domestic suppliers, they outsource certain aspects of the work and acquire these goods or services from suppliers, partners or affiliates in other countries. These components, together with the activities that create them, make up the links of what economists call a global value chain.   Understanding Glob...

1. ASSESSING YOUR EXPORT POTENTIAL Exporting The globalization of the world’s economies has been proceeding rapidly since the early 1990s. Many companies that once used little but domestic materials and labor to manufacture their products or services now go to markets abroad to acquire the resources they need. These developments, coupled with the steady dismantling of trade barriers around the world, have opened up the global marketplace to an unprecedented degree. There are several good reasons would a company that’s already doing well consider becoming an exporter. These reasons including as below: Increased Sales —if domestic sales are good, exporting is a way to expand your market and take advantage of demand around the world. You may also find foreign niche markets where your product is rare or unique. Higher Profits —if you can cover fixed costs through domestic operations or other types of financing, your export profits can grow very quickly. Economi...

Main Documents Used in International Commodity Trade Documents are the key issue in a letter of credit transaction. Banks deal in documents, not in goods. They decide on the basis of documents alone whether payment, negotiation, or acceptance is to be effected. If proper documents are presented, banks will make payment whether or not the actual goods shipped comply with the sales contract. Thus, special attention has to be given to the correct list of documents since a slight omission or discrepancy between required and actual documents may cause additional cost, delays and extra work for both buyer and seller and may prevent the merchandise from being exported. This can result in the exporter not getting paid, or even in the seizure of the exporter's goods by national or foreign government customs. Even before the letter of credit is issued the buyer and seller should clearly decide on the documents that are needed for the accomplishment of the sale transaction. The letter ...