ASEAN states speed up economic integration through ACTS

30 November 2020 – KUALA LUMPUR, ASEAN member states are speeding up their economic integration by mitigating intra-Asian trade challenges and accelerating seamless trade in goods by roads with the new ASEAN Customs Transit System (ACTS). The ACTS was developed to streamline cross-border customs processes with the aim of accelerating land transit movements and reducing…

Six Asean countries implement Asean Customs Transit System for land movement of goods

2 November 2020 – BUSINESSES can look forward to time savings, cost reduction and better connectivity in moving goods by land across six South-east Asian countries under a single cross-border transit regime launched on Monday. The Asean Customs Transit System (ACTS) will be implemented in Cambodia, Laos, Malaysia, Singapore, Thailand and Vietnam, according to a…