GDCE rolls out new version of online system

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…

Alibaba already disrupted retail and finance. Next up? Logistics

23 March 2021 – Cainiao emerges as new profit center by leveraging data to streamline deliveries The business of moving boxes around China is anything but boring these days. Cainiao Smart Logistics Network last month reported faster revenue growth than any other specified part of Alibaba Group Holding’s vast empire. JD Logistics, the corresponding arm…

Beijing customs import clearance time reduced by more than 70% in 3 years

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…

Ravi Menon: Powering the next stage of Singapore FinTech

24 November 2020 – Keynote address by Mr┬áRavi 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…