Category: <span>Around the world</span>

Hear the name ‘Panama’ and you’ll immediately think ‘canal’ – the Panama Canal is a 77 km ship canal that revolutionised maritime trade by becoming a conduit between the Atlantic and the Pacific – but it may be time to start thinking of Panama as a business opportunity. If so, here’s how to arrange a conference call to Panama.

Panama has the fastest-growing economy in Latin America – experiencing an average annual growth of 8.7% over the last ten years. It also has what can be considered full employment with  just 4.5% of the population out of work.

And unlike most other Central American countries, Panama’s economy is based on a large service sector, which accounts for 80% of Gross Domestic Product (GDP).

If you’re thinking of setting up in Panama, it’s worth checking out the Gov.UK guide, and you’ll also need a low-cost, reliable international conference call provider, and that’s where ConferenceCall.co.uk comes in…

Around the world Conference calling Guides & How-Tos

Pakistan is a developing market with a young and increasing population of around 186 million – that’s three times the UK population – and around 55 million live in urban areas.

It’s reckoned Pakistan’s cities generate up to 78% of national Gross Domestic Product (GDP), with Karachi alone contributing about 20%. The growing and aspirational middle class has an appetite for creative, innovative and high quality goods and services.

There are over 100 British businesses trading in Pakistan – including some well-known names like Barclays, Unilever, Debenhams and Toni & Guy – and if you’re looking to join them, you’ll want an easy-to-use and cost-effective international conference call provider.

Around the world Conference calling Guides & How-Tos

Trading on WTO rules is cited as one the main problems the UK will have to deal with if it leaves the EU without securing a deal – but what exactly are these rules? And would it be such a disaster?

Around the world Small business

If you’re not doing business in Indonesia, it may be time you did – not only do its 240 million inhabitants make it the world’s fourth largest country, and the largest in south east Asia, it has a middle class larger than the entire populations of both Malaysia and Australia.

It’s currently the 16th largest economy in the world and is forecast to become the fifth largest in the next two decades.

In short, it’s a great opportunity.

If investing in Indonesia sounds like a viable business proposition you’ll need a cost-effective and reliable conference call provider.

And here’s how to set up an international conference call in just a few simple steps…

Around the world Guides & How-Tos

Following last week’s staggering situation where we had the Prime Minister urge Parliament to vote against her EU exit deal, so she could go back to the negotiating table in Brussels, the Brexit clock continues to count down towards no deal.

And now that Nissan has cited all this Brexit uncertainty as the reason behind its decision to pull a lucrative contract from its main UK plant in Sunderland, not to mention the other businesses who are moving from the UK or scaling back operations, it looks like it could be bad news for business.

Here’s how a conference call could help solve at least some of your potential Brexit-based business woes.

Around the world Conference calling Small business

India and the UK have strong cultural and trade links – but trade has deteriorated over recent years and the two countries are no longer strong trade partners, and many big businesses have been put off trading with the country following billion pound tax rows and unpaid fees.

Even so, India is one of the world’s fastest growing economies and the UK has a lot to offer India as far as universities, infrastructure and engineering goes, so if you’re not already trading with India, it could be time to start thinking about it.

Sat over 4,000 miles to the east though and keeping in touch could be a problem – but not if you do so via teleconference, or conference call, and ConferenceCall.co.uk is one of the few operators offering low-cost dial-in numbers to India.

And a conference call can be set up in a few simple steps, here’s how…

Around the world Conference calling Guides & How-Tos

If you’ve ever been abroad on business, you’ll no doubt have found yourself in the tiptoeing through the minefield that is leaving a tip – it’s bad enough if you’re just on holiday with family or friends, but when there’s business clients involved, you have the extra pressure of showing your overseas peers how in tune you are with their customs.

So, if you’re going away on business any time soon, here’s how to leave a tip overseas.

Around the world Guides & How-Tos

Benin is a country in West Africa with a population of around 10 million – and although it’s neighbours with Nigeria it has nowhere the same trade links or business opportunities.

Porto Novo is the capital of Benin but most of the country’s trade is done via the bustling port of Cotonou where cargo includes cocoa, rice and cotton, which is the lifeblood of the economy.

There is also a growing trade in used vehicles from Europe and the US – imports have grown from 200,000 in 2010 to 314,000 in 2014.

On average, 25,000 cars pass through Cotonou every month – up to 90% of which end up in Nigeria – but it’s something of a murky market and in 2013 there was a diplomatic disagreement between the two countries when Nigerian customs officials directly accused the Beninese government of smuggling vehicles into Nigeria.

londontobenin
Screenshot Google Maps

So if you’re thinking of dabbling in the Beninese second-hand car market, approach it with caution.

And as Benin is something of an unknown quantity, it may be worth setting up an international conference call with potential business partners to get the lay of the land before you commit.

And here’s how…

Around the world Conference calling Guides & How-Tos

The third largest economy in the Association of Southeast Asian Nations – a regional intergovernmental organization comprising ten Southeast Asian countries that promotes intergovernmental cooperation and facilitates economic, political, security, military, educational, and socio-cultural integration among its members – Thailand is home to over 50,000 British residents, and the export of UK goods is worth around £1.96 billion a year. Service exports from the UK are worth around £708 million annually.

Top exports from the UK to Thailand include:

  • iron and steel
  • road vehicles
  • electrical machinery
  • power generating machinery and equipment
  • medicinal and pharmaceutical

If you think the Thai market could be good for your business, here’s everything you need to know about exporting to Thailand.

Around the world Guides & How-Tos Small business

Switzerland is a diverse and mature economy, and offers a great opportunity for UK-based businesses – bilateral trade between the two countries is worth £31.9 billion, and Switzerland is the UK’s tenth largest export market, with goods and services exports having grown by 130% in the last five years.

If this sounds like a good opportunity for your business, here’s everything you need to know about exporting to Switzerland.

Around the world Guides & How-Tos Small business