By Delores Johnson Feb 2 2020 / The National It aims to drive growth by reducing costs and clearing shipments more efficiently through ports The General Administration of Customs in Abu Dhabi aims to increase trade in the emirate by boosting the number of pre-cleared items to 15 per cent of the total registered items…
DetailsBy Kasun Illankoon Feb 2 2020 / Construction Business News UPS has launched a significant upgrade to its shipping website, www.ups.com, by making the process of creating an international shipment smarter and easier for its small and medium business (SMB) customers in 116 countries, including 36 countries in the Indian subcontinent, Middle East and Africa…
DetailsBy Jake Rudnitsky and Evgenia Pismennaya Jan 30 2020 / International Trade Russia’s move to close its land border with China is targeting passengers, leaving freight unaffected for now, the government said Thursday. Only 3% to 4% of bilateral trade turnover comes from people carrying goods through the checkpoints along the 4,210-kilometer (2,615 mile) border,…
DetailsBy Cara Chong Jan 21 2020 / The Straits Times A 50-year-old logistics company manager was fined $52,000 for various offences under the Customs Act, Singapore Customs said yesterday. Jean Heng was sentenced on Jan 8 for making incorrect declarations, breaching permit conditions, failing to deposit dutiable goods in a licensed warehouse and submitting false…
DetailsBy Neyla Zannia Jan 21 2020 / The Online Citizen Six males were arrested during five operations conducted by Singapore Customs on 13, 14 and 16 Jan 2020 targeted at peddlers of duty-unpaid cigarettes. In a Facebook post on Monday (20 January), the authority stated that the males comprised of two Indonesians, one Singaporean, two…
DetailsBy Faith Oktay Jan 18 2020 / The Diplomat Looking at the text, China’s commitments far outweigh the United States’. So why did Beijing sign on? The 80 pages of the main body of the “Phase One” agreement signed on Wednesday are packed with commitments by China but it is hard to find any from…
DetailsBy Lizzy Burden Jan 20 2020 / The Telegraph Chinese firms may be dodging billions in US tariffs by clandestinely channelling trade through other countries. Euler Hermes, which insures payments to exporters, shows in its annual global trade report that Asian exporters thought to have been winners in the trade war – taking the place…
DetailsBy Amindeh Blaise Atabong Jan 14 2020 / itwebafrica The sale of goods and services in Cameroon via local or foreign e-commerce platforms will be liable to Value-Added Tax (VAT) of 19.25%. This is according to recently introduced legislation, the 2020 Finance Law of Cameroon which came into effect in late 2019. According to the…
DetailsBy Stuart Todd Jan 14 2020 / Lloyds Loading List SNCF’s objective to attain a break-even position by 2022 has been dealt a severe blow by a prolonged strike that could hasten a disposal of assets at France’s state railway, including the partial sale of its freight transport and logistics arm Geodis. In an interview…
DetailsBy Xinhua Jan 13 2020 / china.org.cn China’s customs clearance time shortened dramatically in 2019, meeting a target set by the State Council two years ahead of schedule, the General Administration of Customs said Monday. The country’s import clearance time was reduced to 36.7 hours in December last year, plunging 62.3 percent from 2017. Export…
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