Asean


Customs ramps up modernization projects to complement shift to ‘new normal’

The Customs bureau said on May 6, Wednesday, that it “will implement more Information and Communications Technology projects that will speed up trade, strengthen border security and protect government revenues” as the country grapples against the pandemic. The bureau bared that preparations to improve various ICT projects under its modernization goal are underway. Currently, the bureau is working on the stabilization of the E2M system, which will be replaced...

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CEVA launches Southeast Asia rail-truck service as alternative to air

Logistics firm CEVA has launched a truck-rail-truck operation between China and Southeast Asia in response to airfreight capacity shortages in the region. CEVA said China and the Southeast Asia region are facing flight suspensions and reductions, space limits and operational restrictions in addition to long waits at border crossings due to the Covid-19 pandemic.  It pointed out that the China-Vietnam road border crossing point between Pingxiang and Lang Son...

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Solutions should prioritize maintaining industrial production: ministry

HÀ NỘI — The Ministry of Industry and Trade said that the most important priority at present was to maintain the operation of domestic industrial enterprises during the novel coronavirus (COVID-19) pandemic. The pandemic has caused a lot of difficulties for enterprises in Việt Nam, especially industrial enterprises. If an enterprise is closed due the pandemic, its workers lose their jobs and it has negative impacts on other businesses in the supply...

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Medical equipment, PPEs exempted from import duty, sales tax

KUALA LUMPUR (March 24): The Ministry of Finance (MoF) has exempted import duty and sales tax for the purchase of medical and laboratory equipment, personal protective equipment (PPE) and disposable products by any parties donating to the Ministry of Health (MoH) to help address COVID-19. The Royal Malaysian Customs Department, in a statement today, said this was agreed upon by Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz...

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ABF signs MOU with Singapore

On 20 March 2020, Australian Border Force (ABF) Commissioner Michael Outram countersigned a Memorandum of Understanding on Trade Facilitation with the Singapore Government. Singapore’s Ho Chee Pong, Director-General Singapore Customs and Tan Kiat How, Chief Executive Officer, the Infocomm Media Development Authority have also signed the Memorandum of Understanding. “This MOU will support Australia’s efforts to make trade digital, seamless and secure,” Commissioner Outram said. The MOU will allow...

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Michael Chong urges Customs to release face masks stuck at airport

PETALING JAYA: MCA Public Services and Complaints Department head Datuk Seri Michael Chong (pic) has urged the Royal Malaysian Customs Department to release the 10,000 face masks that are currently being held up. Chong said he was frustrated that the face masks donated by two parties that he knew were still stuck at the airport. “The stocks arrived at 7.31am last Friday (March 20) but Customs has not cleared...

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Economic Watch: Trade recovers on China-Vietnam border

NANNING, March 18 (Xinhua) — Hundreds of flat-bed and container trucks queued along a border bridge in Dongxing, a city in south China’s Guangxi Zhuang Autonomous Region, waiting for customs clearance, a scene that signifies the recovery of trade on the China-Vietnam border from the COVID-19 epidemic. Pham Van Tan, a 31-year-old Vietnamese, was driving a truck loaded with about 20 tonnes of dragon fruit produced in Vietnam’s Da...

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BOC releases PPEs for medical frontliners

MANILA, Philippines – Nearly 5,000 shipments of personal protective equipment (PPEs) for frontliners addressing the coronavirus disease (COVID-19) crisis have been released from ports by the Bureau of Customs (BOC). Information from the BOC Public Information Office on Friday showed that a total of 4,669 shipments of PPEs have arrived in the country from March 9 until April 2. All of these shipments have already been released. On April...

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How can firms break into Asean markets?

How can firms break into Asean markets?

Jan 9 2020 / The Strait Times This is the first of a two-part series in which Enterprise Singapore provides insights and advice to SMEs Q: We received queries from our Chinese and American clients who want to shift their manufacturing to Asean. Where can I learn more about the various FTAs for Asean? A: Singapore’s extensive free trade agreement (FTA) network provides enhanced market access, certainty and confidence...

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Cari: Whistleblowing laws in Asean in the context of ease of doing business

Cari: Whistleblowing laws in Asean in the context of ease of doing business

By Hanim Hamzah Nov 29 2019 / The Edge Markets The World Bank Doing Business 2020 Report cited improvements in the ease of doing business in four Asean countries, with Singapore maintaining its No 2 position. As the Asean countries continue to attract and drive foreign direct investment (FDI), apart from upholding a strong and robust legal system and legal principles, reducing red tape and bureaucratic difficulties, other factors...

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