The Department of Trade merged with the Timber Industry Board to form the Trade Development Board (TDB) in 1983. TDB was tasked to promote Singapore’s exports internationally and develop Singapore as a trade hub. Throughout the 1980s and 1990s, overseas trade offices were established in cities such as Bonn, Beijing, Los Angeles, New York and Tokyo to cultivate bilateral trade relations as well as provide market information and assistance to foreign businessmen. In 1989, TDB launched Tradenet, the world’s first nationwide Electronic Data Interchange (EDI) network service for trade documentation. In April 2002, TDB was restructured to form International Enterprise Singapore (IE Singapore) and took on a new mandate of helping Singapore-based companies venture overseas.
1. Republic of Singapore. Government Gazette. Acts Supplement. (1982, December 31). Trade Development Board Act 1982 (Act 32 of 1982, p. 253). Singapore: Singapore National Printers. Call no.: RSING 348.5957 SGGAS.
2. How the board plays its role. (1983, January 7). The Straits Times, p. 7; Putting S’pore on the world trade map. (1983, January 7). The Straits Times, p. 5. Retrieved from NewspaperSG.
3. Expanding the network of overseas offices. (1983, January 7). The Straits Times, p. 7. Retrieved from NewspaperSG.
4. Tay, C. (1989, December 5). Inter-company links via the computer. The Straits Times, p. 9; Siow, D. (1988, December 12). Tradenet on-line system set to go live next month. The Straits Times, p. 25. Retrieved from NewspaperSG.
5. TDB gets new name, mandate. (2002, April 13). The Business Times, p. 4. Retrieved from NewspaperSG.
The information in this article is valid as at 2013 and correct as far as we are able to ascertain from our sources. It is not intended to be an exhaustive or complete history of the subject. Please contact the Library for further reading materials on the topic.