Singapore


Silver lining in the cloud

By Bernadette D. Nicholas Sep 29 2019 / BusinessMirror Like it or not, the Fourth Industrial Revolution is changing the world of work, and the public sector—like the Philippines’s Bureau of Customs—is following the lead of private business in adopting cloud computing for more efficient services. MORE and more people from the public and private sectors are now shifting to cloud technology for its security—ironically the same main reason...

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Border town opens gateway to region

By Jing Yuxin Aug 6 2019 /China Daily Staff at the Friendship Pass in Pingxiang, a border city in the Guangxi Zhuang autonomous region, wake up daily to the noise of cargo trucks. Their rumbling engines are testimony to the booming trade between China and Vietnam. Busy with exports from South and West China, as well as imports from Southeast Asian countries like Vietnam and Thailand, trucks line up...

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China plans to drop all duties at Shanghai Free Trade Zone

By Keith Zhai Aug 5 2019 / Reuters Business News SINGAPORE (Reuters) – China is planning a pilot project to drop all duties and ease procedures at its Shanghai Free Trade Zone, three people familiar with the matter said, as Beijing looks to position itself as a leader in promoting free trade amid its grinding trade war with Washington. The plan, which could be announced as soon as this...

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Plastic Waste Piles Up as Indonesia’s Import Crackdown Backfires

By Viriya Singgih Aug 2 2019 / Bloomberg Indonesia’s crackdown on waste imports is backfiring with its plastic recycling industry in disarray and hundreds of containers of used materials clogging its ports. Authorities ordered close scrutiny of trash imports after random inspections in May led to the discovery of more than 80 containers of illegal waste from the U.S., Australia and Europe. About 1,000 containers are now waiting for...

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CHANGES TO THE STRATEGIC GOODS CONTROL LIST

By Singapore Customs Aug 1 2019 Updates to the Strategic Goods Control List Singapore Customs would like to inform you that the new Strategic Goods (Control) Order 2019 (“SGCO 2019”) has been gazetted on 1 August 2019, and will come into effect from 1 October 2019. You may access the SGCO 2019 via our website at www.customs.gov.sg > Business > Strategic Goods Control > Strategic Goods Control List. 2...

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Across China: Coastal industries thrive in China’s Guangxi with new trade corridor

By Xiaoxia July 31 / Xinhua NANNING, July 31 (Xinhua) — Southern China’s Guangxi Zhuang Autonomous Region has seen its coastal industries enter the fast lane of development thanks to a new trade corridor connecting western China and other countries and regions with land-sea intermodal transport. The cities on the shoreline of Guangxi’s Beibu Gulf, including Fangchenggang, Qinzhou and Beihai, have become hot spots for investment, as the cities’...

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Nigeria losing N1.08trn to absence of single window at ports

By Steve Agbota Jul 29 2019 / Business Nigeria introduced the single window concept at its seaports in 2006, to enable swift movement of goods and services in the ports after it was developed by the United Nations Economic Commission for Europe (UNECE) in 2005. The concept was actually put in place then to simplify, harmonise and standardise international trade procedures and associated information flows between trade and government...

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Reminder: Changes to the Singapore Goods and Services Tax Act from 1 January 2020 will Introduce Goods and Services Tax on Imported Services

by K&L Gates July 8 2019 /JDSUPRA As the second half of 2019 approaches, Singapore businesses and overseas service providers should take note of the pending changes to Singapore’s Goods and Services Tax (GST). As part of its effort to achieve parity in GST treatment for all services consumed in Singapore, the Minister of Finance announced in the Budget 2018 that effective from January 1, 2020, consumers and businesses...

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Customs arrangements with Singapore and Canada

Friday, 28 June 2019, 12:49 pmPress Release: New Zealand Government Hon Jenny SalesaMinister of Customs 28 June 2019 PĀNUI PĀPĀHOMEDIA STATEMENT Customs arrangements with Singapore and Canada to benefit New Zealand traders Minister of Customs Jenny Salesa has welcomed new customs arrangements between New Zealand, Singapore and Canada that will streamline trade and benefit traders. The Mutual Recognition Arrangements (MRAs) to recognise supply chain security standards of respective trade programmes...

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