20 June 2021 The General Department of Customs and Excise of Cambodia (GDCE) was due to launch version 4.3.3 of the online Automated System for Customs Data (Asycuda) on June 21, in an effort to modernise the platform and make the customs clearance process more convenient, fast and efficient, as well as to promote trade…
9 March 2021 – Customs clearance times in Beijing were shortened dramatically in 2020, as the city continues to deepen the coordinated development of the Beijing-Tianjin-Hebei region. Data from Beijing Customs show that in December 2020, import clearance times for the Beijing Customs Area averaged 29.31 hours, while export clearance times were 1.44 hours, a…
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…
21st October 2020 – A botched digitalisation programme has caused long customs clearance delays in India, exacerbating the country’s container shortage crisis. The ‘faceless assessment’ initiative has been rolled out at ports across India since June, to implement contactless and paperless customs clearance. However, according to the Mundra Custom Brokers’ Association (MCBA), clearance times have…
