Tag: trade


Forwarders happy to let shippers use air freight booking platforms

By Alex Lennane 24/06/2020 Air freight booking platforms have resisted the urge to allow shippers to book online, fearing a backlash from carriers. However, some forwarders say they have no objection to shippers accessing prices, having held tripartite discussions for years. “I would have no issues with a carrier advertising directly to shippers,” said one independent, medium-sized forwarder. “We would either be transparent with the client and agree a margin, which...

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Thai Customs Department Eases Certificate of Origin Submission Requirements

On April 16, 2020, the director general of the Thai Customs Department issued Notification No. 81/2563, which introduces new customs measures intended to facilitate the operations of importers during the COVID-19 pandemic. The new notification replaces and expands on a previous one (Notification No. 47/2563), issued in March 2020, which allowed importers of goods from China to submit photocopies of certificates of origin in certain circumstances, rather than originals,...

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Iranian Oil Shipments To China Rebranded In Malaysia To Circumvent Sanctions

Like its Latin American ally, Venezuela, Iran appears to be rebranding its crude oil destined for China in Malaysia to circumvent U.S. sanctions. Data provided to Radio Farda by data intelligence firm Kpler indicates that Iran has suddenly increased oil exports to Malaysia since January. At the same time, official figures show a huge drop in Iranian oil exports to China in the first four months of 2020. This...

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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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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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