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Introduction to Barter Trading

Barter exchanges were created to provide a common platform for members to trade on a common market place. Modern barter and trade has evolved considerably to become an effective method of increasing sales, conserving cash, moving inventory, and making use of excess production capacity for businesses around the world.

In the United States, barter exchanges have more than 25 years of history, with hundreds of them in existence. In Australia and New Zealand there are a handful of them. Some successful barter companies such as ITEX Corp and IMS are publicly listed firms. On a yearly basis, barter trading volume exceedsUS$12 billion in USA and A$1 billion in Australia & NZ.





Newswire

20 April 2009

Reuters Life! : This for that: Singapore embraces barter in recession

It isnt your typical mode of business, but as the recession bites, many people and entreprises in Singapore are turning to the age-old practice of barter to pay bills and cut costs. But gone are the days of the simple one-to-one direct barter (more...)
By Puja Bharwani

14 April 2009

(Also broadcasted on Mediacorps Channel 5 News and Channel News Asia)
 
As the global economic crisis forces many businesses to cut costs, some Singaporean companies turn to the age old practice of barter trade. (watch this video)
Stefanie McIntyre reports
 
21 Mar 2009

TODAY Business : Barter on the Rise

The growth of barter has the potential to alter the shape of business (more...)
By Richard Hartung
 
 
18 Mar 2009

TODAY Entreprise : Barter Trade is Back

With cash, Singapore firms and ogranisations are returing to the age-old practice of bartering to help business ticking. (more)

 
20 Feb 2009

Channel U - Money Week Program: Barter Trade in Singapore

 
 
For more, click here

 


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