Tag: customs


Dubai Customs’ transactions grow 38% to AED7 million in H1, 2020

Dubai Customs’ transactions grow 38% to AED7 million in H1, 2020

Dubai, 16th September 2020 – Dubai’s economy continued its exceptional performance despite headwinds from a slowdown in the global economic growth due to the coronavirus, COVID-19, pandemic. The number of customs transactions completed by Dubai Customs skyrocketed 38.5 percent in the first six months of 2020 to reach 7.2 million compared to 5.2 million transactions in the corresponding period in 2019. This reflects the vital role Dubai plays as...

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'Alternative to Irish backstop' consultant in line for £200m contract

‘Alternative to Irish backstop’ consultant in line for £200m contract

16th September 2020 – © AFP/Getty Former Washington lobbyist Shanker Singham has been described as the ‘Brexiteers’ brain’. A consultant who had a leading role in the campaign for an alternative to Theresa May’s Irish border “backstop” is in the running for all or part of a £200m government contract related to the post-Brexit checks down the Irish sea. Shanker Singham, one of the main proponents of the so-called “alternative...

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Businessman jailed for his part in NZ’s largest cigarette smuggling case

A businessman has been jailed for his role in the country’s largest cigarette smuggling case. The man and his company have interim name suppression and appeared at the Auckland District Court on Thursday after earlier admitting charges of defrauding customs, making erroneous entries in customs documents and selling goods without paying duties. The operation involved the smuggling of over 19 million cigarettes into Auckland, hidden inside office cabinets imported...

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China: Customs to crack the whip with rogue exporters

China has warned of stringent action against manufacturers who export defective and counterfeit medical products, including confiscation of the illegal income and punishment, to ensure the overall quality of its foreign trade, the General Administration of Customs said on Monday. The GAC will impose fines of more than 50 percent but less than three times the value of the goods on exporters who violate the rules, the administration said...

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Malaysian authorities seize record 6 tons of African pangolin scales

On April 1, authorities seized more than 6 tons of African pangolin scales in Port Klang, Malaysia. This is the biggest shipment of pangolin scales ever to be discovered in this particular port. The exact origins of this shipment are unknown, especially since traffickers frequently change their routes. Pangolins are the most trafficked animal in the world, with over 1 million animals taken from the wild and traded since...

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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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Customs department rolls-out machine-based clearance of imported goods

In a bid to crack into the top 50 position in Trading Across Borders as part of the World Bank’s ease of doing business, the Central Board of Indirect Taxes and Customs (CBIC) has introduced machine-based automated clearance of imported goods. The new initiative is being piloted at Jawaharlal Nehru Port Trust (JNPT) and Chennai Port Trust from February 6 whereby the Customs officer will be able to do...

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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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Zelensky obliges govt to create information resource for declaring goods – decree on fight against smuggling

Zelensky obliges govt to create information resource for declaring goods – decree on fight against smuggling Ukrainian President Volodymyr Zelensky has signed a decree aimed at decreasing smuggling and corruption during customs declaration of goods imported to the customs territory of Ukraine. According to the decree signed on Tuesday, the Cabinet of Ministers of Ukraine on the unified web portal of the executive authorities should ensure the creation of...

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Japan’s export control to further strain Korean economy

The Korean Times July 5, 2019 By Lee Kyung-min  Japan’s export control of key materials needed to produce semiconductors and displays will deal a significant blow to Asia’s fourth-largest economy, economists said Friday.  “Given that semiconductors account for about 6 percent of the country’s GDP, a 10 percent drop in the export volume could lead to a 0.6-percentage-point drop in the growth rate,” KB Securities Chief Economist Chang Jae-chul...

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