TNETS Customs and Trade Management News


China halves customs clearance time ahead of schedule

China halves customs clearance time ahead of schedule

By Xinhua Jan 13 2020 / china.org.cn China’s customs clearance time shortened dramatically in 2019, meeting a target set by the State Council two years ahead of schedule, the General Administration of Customs said Monday. The country’s import clearance time was reduced to 36.7 hours in December last year, plunging 62.3 percent from 2017. Export clearance time was slashed to 2.6 hours, plummeting 78.6 percent from 2017. Besides, China’s...

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Digitised dashboards transform customs clearance process

Digitised dashboards transform customs clearance process

By Kundan Jha Jan 11 2020 / Sunday Guardian Live New Delhi: Ease of doing business dashboards of the Central government are helping individuals and firms avail faster customs clearance services. The digitised processes also provide the facility of real-time tracking of the shipment under the clearance process. Information Technology initiatives have made possible faster clearance and real-time assistance. On November last year, the Central Board of Indirect Taxes...

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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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WiseTech continues expansion with SISA acquisition

WiseTech continues expansion with SISA acquisition

By Damian Brett Jan 8 2020 / Air Cargo News Fast expanding supply chain software firm WiseTech Global has acquired SISA Studio Informatica, a customs and freight forwarding solutions provider in Switzerland. SISA provides solutions covering customs clearance, freight forwarding and bonded warehouse management. Its customers include DHL Logistics (Schweiz), Fiege Logistik (Schweiz), FedEx, Post CH, Agility Logistics, F. Hoffmann-La Roche, and other exporters, freight forwarders, and logistics service...

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55 companies benefit from AEO Programme: FCA

55 companies benefit from AEO Programme: FCA

By Rasha Abubaker Jan 5 2020 / Emirates News Agency ABU DHABI, 5th January, 2019 (WAM) — According to the Federal Customs Authority, FCA, the number of registered companies that benefitted from the advantages offered by the Authorised Economic Operator, AEO, Programme in the UAE totalled 55 at the end of 2019. Another 15 companies plan to join the programme, which will bring the number to 70 participants by...

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Customs seizes 42 imported luxury vehicles for unpaid import duties

Customs seizes 42 imported luxury vehicles for unpaid import duties

News, Sarawak Crime Jan 3 2020 / The Borneo Post KUCHING: The Royal Malaysian Customs Department (JKDM) has seized 42 luxury vehicles from a local company here on Jan 2 for unpaid import duties amounting to RM10.207 million. JKDM Sarawak director Dato’ Sharifah Halimah Tuanku Taha in a statement today revealed that the 42 vehicles of different makes were worth RM6.485 million. “One individual was detained to assist in...

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Customs seizes gambling machine declared as ‘furniture’ inside shipping container at Senari Port

Customs seizes gambling machine declared as ‘furniture’ inside shipping container at Senari Port

By Jeremy Veno Dec 18 2019 / Borneo Post Online KUCHING: The Royal Malaysian Customs Department (JKDM) has seized a gambling machine worth RM20,000 with an estimated tax of RM8,000 that was declared as ‘furniture’ inside a shipping container at Senari Port on December 12. According to JKDM Sarawak director Datuk Sharifah Halimah Tuanku Taha, the gambling machine was dismantled and kept in four wooden cases. The cases were...

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Import permit exemption for 54 categories of transshipment goods

Import permit exemption for 54 categories of transshipment goods

By Bernama Dec 17 2019 / Borneo Post Online JOHOR BAHRU: The government has agreed to exempt 54 categories of goods from the Approved Permit (AP) requirements for transshipment activities at all Malaysian ports, said Transport Minister Anthony Loke. He said the decision, made by the cabinet three months ago, covered items such as commodities and farm animals. However, controlled and dangerous items such as weapons and firecrackers would...

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New border port to Macao will decrease crossing time

New border port to Macao will decrease crossing time

By Huang Mingrui Dec 14 2019 / ECNS China Daily The construction of the new border port between Macao and Zhuhai on Hengqin Island is expected to be finished by Dec 20-the 20th anniversary of Macao’s return to motherland, local authorities said. After it starts operation, the new Hengqin port is expected to handle 222,000 daily passenger crossings, up from 25,300 currently, and the daily vehicle crossings will increase...

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Pak-China customs authorities agree to boost cooperation

Pak-China customs authorities agree to boost cooperation

Dec 12 2019 / Daily Times A Chinese Customs delegation visited the FBR and held detailed meetings with Pakistan Customs on December 10-11 to further cooperation between the Customs Authorities of the two governments. General Customs Administration of China and Pakistan Customs under the FBR are actively involved in cooperation, information exchange, and enforcement coordination. In pursuance of the shared objectives, delegates from both the Customs Administrations held several...

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