WCO Stresses Supply Chain Resilience at ADBI Conference

WCO Stresses Supply Chain Resilience at ADBI Conference

World Customs Organization (WCO) Secretary General Kunio Mikuriya delivered a keynote speech at the Asian Development Bank Institute Annual Conference, highlighting the multiple challenges facing global supply chains, including digitalization, data standardization, technological changes, e-commerce development, environmental issues, and border conflicts. He called for strengthened international cooperation to enhance the role of customs in supply chain resilience, jointly address these challenges, and promote the stability and sustainable development of global trade. This collaborative effort is crucial for navigating the complexities and ensuring a robust global trading system.

Cocoa Giants Pledge to End Deforestation in West Africa

Cocoa Giants Pledge to End Deforestation in West Africa

Twelve global cocoa giants are collaborating with the World Cocoa Foundation (WCF) to eliminate deforestation in the cocoa supply chain. Initially focusing on Ghana and Côte d'Ivoire, the project aims to build a sustainable cocoa production ecosystem by improving farmer livelihoods, addressing climate change, eliminating child labor, and preventing diseases. Working with the African Development Bank and governments, the initiative promotes crop diversification to achieve unified environmental, economic, and social benefits. This collaborative effort seeks to ensure a more responsible and resilient future for the cocoa industry and the forests it impacts.

UK Trade Project Enhances Efficiency in Middleincome Nations

UK Trade Project Enhances Efficiency in Middleincome Nations

The UK Foreign and Commonwealth Office-funded 'Trade Facilitation Project in Middle-Income Countries' aims to assist Brazil, India, Nigeria, the Philippines, and South Africa in better implementing the Trade Facilitation Agreement (TFA). With technical support from the World Customs Organization and the World Bank Group, the project seeks to enhance these countries' trade efficiency and competitiveness, ultimately fostering economic growth. The project focuses on capacity building and streamlining trade processes to reduce costs and delays associated with cross-border trade, enabling these nations to fully benefit from the TFA.

US Freight Market Nears Bottom Amid Weak Demand

US Freight Market Nears Bottom Amid Weak Demand

The Bank of America Freight Payment Index Q2 report indicates continued weakness in US freight market demand. Freight volumes and expenditures declined year-over-year, but the decrease narrowed, potentially signaling a market bottom. Shifting consumer spending patterns, regional variations, and cost pressures are key influencing factors. Experts advise carriers to adapt to market changes, embrace technological innovation, and strengthen cost control measures. The report suggests cautious optimism while acknowledging ongoing economic headwinds affecting the logistics sector. The need for agility and efficiency is paramount for navigating the current landscape.

Temus Crossborder Ecommerce Boom Benefits and Risks

Temus Crossborder Ecommerce Boom Benefits and Risks

This article delves into Temu's low-cost entry policy, analyzes the services provided by Dashu Cross-border, and highlights potential risks associated with third-party service providers. It emphasizes the need for sellers to make rational decisions and thoroughly understand platform rules to achieve success on Temu. Sellers should be cautious and conduct due diligence before engaging with any third-party service. Understanding the platform's specific requirements and regulations is crucial for navigating the challenges and maximizing opportunities within the Temu marketplace.

Feds Waller Suggests Rate Cut Pause As Job Market Holds Strong

Feds Waller Suggests Rate Cut Pause As Job Market Holds Strong

Federal Reserve Governor Waller highlighted labor market weakness as a primary concern, suggesting that a rebound in the job market could end expectations for interest rate cuts. He focused on increased layoff plans, declining consumption among low- and middle-income families, and the potential for AI investment to squeeze employment. He also noted that the Fed's balance sheet is nearing a warning level, necessitating attention to bank reserve conditions. Waller's remarks foreshadow the Fed's future policy direction, emphasizing the job market's crucial role and the non-inevitability of rate cuts, while underscoring the importance of independence.

Amazon Vendor Central Fuels Ecommerce Growth

Amazon Vendor Central Fuels Ecommerce Growth

This article analyzes Amazon VC (Vendor Central) accounts, comparing them to SC (Seller Central) accounts and highlighting their advantages in data access, listing control, and advertising capabilities. It explores the process of receiving an invitation to join Vendor Central and provides insights to assist sellers in effectively managing their VC accounts. Understanding the nuances of VC can significantly impact a vendor's performance on Amazon, offering greater control and potentially higher sales volume.

Guide to Promoting Personal Accounts on Douyins Ocean Engine

Guide to Promoting Personal Accounts on Douyins Ocean Engine

Ocean Engine, Douyin's (TikTok's Chinese version) marketing platform, theoretically supports promotion for personal accounts, but it's often complex and costly. For individual users, consider simpler and more economical options like Dou+'s promotion tools. Choose the most suitable strategy based on your specific circumstances and budget. While Ocean Engine offers extensive features, Dou+ provides a more streamlined approach for individual creators seeking to boost their content's visibility on TikTok.

Guide to Creating a Hong Kong Apple ID for Global Apps

Guide to Creating a Hong Kong Apple ID for Global Apps

This article provides a concise tutorial guiding readers on how to quickly register an Apple ID for the Hong Kong region. Through a few simple steps, users can easily bypass geographical restrictions and download overseas applications that are not available in the mainland China App Store, thereby expanding their app experience. It allows access to apps not normally available, providing a wider selection and potentially different functionalities.

Amazon Sellers Sued Over Livevac Antichoking Device Trademarks

Amazon Sellers Sued Over Livevac Antichoking Device Trademarks

LiveVac, the brand owner of the choking rescue device, is initiating rights protection actions against trademark and copyright infringement. Sellers' accounts are at risk of being frozen. This article details the case information, brand background, key infringement risk points, and corresponding strategies. It reminds sellers to conduct self-checks and corrections to avoid unnecessary legal disputes and economic losses. The focus is on preventing infringement related to the LiveVac brand and ensuring sellers are aware of the potential consequences of violating intellectual property rights.