Tag: COVID-19


1 in 10 Manufacturing Orders from China and India Held Up at EU Customs Checks Since COVID-19 - One Company Finds Solution

1 in 10 Manufacturing Orders from China and India Held Up at EU Customs Checks Since COVID-19 – One Company Finds Solution

The country most affected by customs delays in the first half of this year was Germany, with 20% of manufacturing orders being held up for further investigation. 22nd September 2020 – One in ten manufactured parts imported to Europe since the outbreak of COVID-19 are being held up at EU customs clearance, slowing down production and innovation as businesses are waiting too long for parts to get through. This...

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How Oneport 365 facilitates trade through technology

How Oneport 365 facilitates trade through technology

20th September 2020 – To grow the volume of non-oil export from Nigeria requires investment in logistics infrastructure, which is currently in short supply. However, logistics firms such as Oneport 365 are doing extraordinary things to ensure the country takes its rightful place in export business. The National Bureau of Statistics (NBS) recent statistics show that the value of export trade in the first quarter of 2020 stood at...

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Chinese ports reach capacity as COVID-19 tests slow work

Chinese ports reach capacity as COVID-19 tests slow work

20 July 2020 New requirements that food imports be tested for COVID-19 is pushing major Chinese ports to their limit. Reuters reports that major shippers have warned customers of additional fees and possible diversions to other ports as the measures persist. China stepped up inspections of imported food last month after an outbreak of the coronavirus among people working at and visiting a major food market in Beijing. “Import container...

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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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Supply chain impact of coronavirus increases further

The devastating impact of coronavirus on global trade and supply chains continues to escalate as non-China Covid-19 infections surpass those recorded in China itself. One upshot is that even as cargo availability in China increases, the implementation of social distancing and isolation policies in a bid to contain the spread of the virus threaten economic growth and demand in Europe and North America. Sea-Intelligence’s latest Sunday Spotlight newsletter warned that as...

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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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European companies in Myanmar feel the heat from COVID-19

A majority of European companies in Myanmar say they are affected by the COVID-19 pandemic with some expecting a loss of revenue of more than 50 percent, according to the latest corporate survey conducted by the European Chamber of Commerce in Myanmar. Yangon-based EuroCham Myanmar last month conducted a survey to map out the expected economic impact with European businesses operating in the country. It seeks to address investor...

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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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