24 November 2020 – Keynote address by Mr Ravi Menon, Managing Director of the Monetary Authority of Singapore, at the Singapore-China (Chongqing) Financial Summit, via Video Conference from Singapore, 23 November 2020. Mayor Tang, Minister Teo, Assistant Minister Li, distinguished guests, ladies and gentlemen, good afternoon. Welcome to the 3rd Singapore-China (Chongqing) Connectivity Initiative (CCI) Financial…
Details23 November 2020 – OneConnect Financial Technology has recently unveiled the project, the ‘Guangdong-Hong Kong-Macao Greater Bay Area Port Logistics & Trade Facilitation Blockchain Platform’. The financial technology services company has launched this project for Shekou and Shunde ports. The company is a technical supporter of this project, which constructed the blockchain platform and core port logistic…
Details22nd November – 2020 ABU DHABI, (WAM) — Via teleconference, the United Arab Emirates and the Republic of Indonesia signed an Action Plan for a mutual recognition arrangement on the Authorised Economic Operator Program, AEO, in a step to facilitate inter-countries trade, effective and swift implementation of program mutual recognition agreement under the umbrella of…
Details18 November 2020 – West Norfolk businesses continue to be faced with uncertainty over Brexit as the end of the transition period for leaving the European Union looms ever closer. Among the issues causing concern are pre-Brexit panic buying, employees returning to their home countries and the position on tariffs ahead of the December 31…
Details18 November 2020 – THE Domestic Trade and Consumer Affairs Ministry (KPDNHEP) seized a total value of RM53.69 million in subsidised controlled goods from 2016 to October 2020. KPDNHEP enforcement director Datuk Iskandar Halim Sulaiman (picture) said the division opened a total of 2,212 cases involving subsidised controlled goods within the period. Meanwhile, 671 cases were received…
Details18 November 2020 – Singapore Customs has launched an electronic banker’s guarantee (eBG) programme on the Networked Trade Platform (NTP), following seven months of pilots with BNP Paribas, DBS Bank, OCBC Bank, SMBC and UOB. Unlike the traditional banker’s guarantee (BG), which can take up to 10 working days and see traders make up to…
Details17 November 2020 – SEOUL, (Yonhap) — South Korea will hold the fourth round of free trade talks with Cambodia this week as part of efforts to diversify its export portfolio in Southeast Asia, the trade ministry said Tuesday. The three-day virtual meetings, slated to start Wednesday, will focus on general rules, origin of country,…
Details16 November 2020 – There are signs that Australia’s billion-dollar wine trade with China has effectively ground to a halt, as winemakers continue to grapple with disruptions. Key points: Winemakers say they don’t know of any Australian wine that has cleared China’s customs in the past two weeks Up to 60 per cent of wine…
Details13 November 2020 – Hanoi (VNA) – Applying risk management in customs operations will not only enable trade security and facilitation but will also allow the General Department of Customs to focus its resources on high-risk trade, heard a workshop held in Hanoi on November 12. The workshop organised by General Department of Customs (GDC) and the US Agency for…
Details11 November 2020 – It is estimated that there is a shortage of at least 5,000 customs agents but HMRC calls on firms to help boost numbers with end of transition period just seven weeks away Thousands of UK companies could be prevented from exporting to the Europe from January due to an acute shortage…
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