14 July 2021 – The European Union (EU) has introduced new rules governing the value-added tax (VAT) applied to cross-border eCommerce sales. These changes, effective July 1, include the removal of the VAT exemption on imported goods into the EU with a value up to EUR22 (around Dhs95). A special scheme for distance sales of…
23 June 2021 – The EU is introducing new rules on VAT applied to cross-border e-commerce sales on July 1, 2021. Marius Penninks of FedEx explains the new system and discusses what preparedness looks like for express logistics and transportation companies and their customers. On July 1, 2021, as one of the priorities under the Digital…
10 May 2021 – E-commerce has been a rapidly advancing trend for years, and the COVID-19 pandemic has further accelerated the growth of online sales along with the demand for e-commerce services in both B2B and B2C. To expand its expertise and complete its service portfolio, cargo-partner has purchased the German-based company Repalog – a…
7 May 2021 – Suning International, the international business arm of Chinese retail giant Suning Group, unveiled a new cross-border initiative that will see the company partner with foreign brands that are seeking entry and expansion into the world’s second largest economy. Leveraging its global supply chains and digital capabilities, Suning International is offering overseas…
23 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…
5th November 2020 – Alibaba’s long-awaited e-fulfilment hub at Kuala Lumpur International Airport (KLIA) is now open for business. And officials are hoping to see cargo volumes and freighter flights double within a decade. Billed by the Malaysian government in 2017 as a “game-changing idea by [Alibaba chief] Jack Ma”, they hope the Cainiao Aeropolis eWTP…
21st October 2020 – Guangzhou has historically been one of China’s leading foreign trade centres. Even in the e-commerce era, Guangzhou still retains certain trading advantages. From January to July 2020, the volume of import and export passing through the customs cross-border e-commerce management platform in Guangzhou reached RMB 20.87 billion, ranking first in the…
