Focus on new wine markets as China extends tariffs on wine imports

29 March 2021 – Australia’s wine and grape businesses are focusing on driving growth in their developing markets after China’s Ministry of Commerce (Mofcom) said it will impose anti-dumping measures on some Australian wine imports for five years. According to a statement released on Friday importers bringing in wines related to the anti-dumping activities ruled…

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PM Modi, Hasina agree to remove non-tariff barriers in trade, speed up report on CEPA

28 March 2021 – Five MoUs signed in areas such as disaster management, bilateral trade remedies, ICT equipment supplies, establishment of sports facilities Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina have agreed on the need to remove non-tariff barriers to increase bilateral trade. They also decided to fast-track the on-going joint study…

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Global players start to move in on Indonesia’s e-commerce boom

25 March 2021 – Indonesia’s booming e-commerce sales have attracted investment from international logistics players. Like other Asia Pacific countries it experienced “unprecedented” e-commerce growth last year when Covid hit, with online sales surging 37% to $25bn, according to GlobalData. To cater for the rising demand, Singapore-based e-commerce specialist J&T Express announced this week it had launched…

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BOC files charges vs importers over ₱160M misdeclared shipment

23 March 2021 – The Bureau of Customs (BOC) has filed criminal cases against three importers due to illegal and irregular activities and transactions. The agency’s legal arm, Bureau’s Action Team Against Smugglers (BATAS), along with the Port of Cebu and Port of Cagayan De Oro, filed smuggling charges before the Department of Justice (DOJ)…

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Alibaba already disrupted retail and finance. Next up? Logistics

23 March 2021 – Cainiao emerges as new profit center by leveraging data to streamline deliveries The business of moving boxes around China is anything but boring these days. Cainiao Smart Logistics Network last month reported faster revenue growth than any other specified part of Alibaba Group Holding’s vast empire. JD Logistics, the corresponding arm…

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Exports from NZ worth $38b get tariff benefits in China over 12 years

22 March 2021 – Chinese companies have imported 247.14 billion yuan ($37.95 billion) worth of goods from New Zealand that benefited from tariff concessions following the implementation of the China-New Zealand Free Trade Agreement (FTA) in October 2008, China’s General Administration of Customs said on Monday. China’s imports of New Zealand-origin goods that received tariff…

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