Chong Hing Bank Supports Smes in Overseas Expansion

Chong Hing Bank Supports Smes in Overseas Expansion

This article details the advantages of a Chong Hing Bank corporate account in Hong Kong, including its low opening threshold, wide acceptance range, high transfer limits, convenient deposits and withdrawals, and support for multiple currencies. It also clearly explains the required documents, procedures, official fees, and online banking activation process. The aim is to help SMEs better understand and choose a suitable bank account to facilitate the expansion of their overseas business. This guide provides practical information for businesses looking to establish a presence and conduct cross-border transactions through a Hong Kong company.

01/04/2026 International Settlement
Read More
Walmart Launches Business Unit to Rival Amazon

Walmart Launches Business Unit to Rival Amazon

Walmart has officially launched Walmart Business, a corporate shopping program designed to challenge Amazon's dominance in the B2B eCommerce sector. The program offers features like multi-user accounts, shared payment information, and tax-exempt programs, and has already invited third-party sellers to participate. This move signifies an escalation in competition within the B2B eCommerce market, promising enterprise users more choices and a more convenient procurement experience. Walmart aims to capture a significant share of the growing B2B online market by leveraging its brand recognition and existing infrastructure.

12/30/2025 Logistics Industry Insights
Read More
Qatar Customs Boosts Trade Efficiency with WCO Review

Qatar Customs Boosts Trade Efficiency with WCO Review

Qatar Customs invited the World Customs Organization (WCO) for a Post Clearance Audit (PCA) diagnostic to enhance trade facilitation. WCO experts conducted an in-depth assessment of Qatar Customs' departments and offered recommendations for improvement. PCA, recognized as an efficient control method, is crucial for trade facilitation, revenue protection, and risk management. This initiative by Qatar Customs will promote corporate compliance, improve trade efficiency, and contribute to global trade facilitation efforts. The focus on PCA highlights Qatar's commitment to modernizing customs procedures and fostering a more efficient and secure trading environment.

01/07/2026 Customs Knowledge
Read More
Live Streamer Dong Yuhuis Lingerie Row Sparks IP and Platform Debate

Live Streamer Dong Yuhuis Lingerie Row Sparks IP and Platform Debate

The "underwear controversy" surrounding Dong Yuhui has sparked deep reflections on live streaming product selection, IP positioning, platform responsibility, and the social media ecosystem. The incident exposed shortcomings in the product selection process, highlighted the conflict between intellectual integrity and commercial value, and warned against the alienation of the social media environment. New Oriental should strengthen its corporate brand and achieve a win-win situation for both personal IP and the platform. The live streaming industry needs to be cautious in product selection, respect its hosts, and adhere to ethical bottom lines. Platforms should strengthen governance and create a healthy ecosystem.

01/07/2026 Logistics Industry Insights
Read More
Middle Easts Noon Cuts Jobs Amid Ecommerce Slowdown

Middle Easts Noon Cuts Jobs Amid Ecommerce Slowdown

Middle Eastern e-commerce giant Noon has announced a 10% workforce reduction, primarily affecting its marketing and advertising departments. Founder Alabbar stated that this move aims to reduce costs and improve efficiency. Despite previously securing $2 billion in funding, Noon's improved profit margins mean this capital is currently not needed. This layoff is part of a broader trend of cost-cutting measures among global tech companies and may signal a strategic shift for Noon.

01/06/2026 Logistics Industry Insights
Read More
UPS Offers Buyouts to Optimize US Network

UPS Offers Buyouts to Optimize US Network

UPS is streamlining its U.S. operations through a voluntary buyout program, aiming to optimize its network, reduce costs, and improve efficiency in response to market challenges and achieve sustainable growth. This move is linked to decreased Amazon volume and reflects the cost pressures and transformation needs facing the logistics industry. UPS's strategic transformation warrants attention. The company hopes this will allow them to better compete and adapt to the rapidly changing landscape of delivery and supply chain management.

01/08/2026 Logistics
Read More
UPS Cuts 20000 Jobs Closes Facilities As Amazon Shifts Demand

UPS Cuts 20000 Jobs Closes Facilities As Amazon Shifts Demand

In response to declining Amazon business volume, UPS plans to lay off 20,000 employees and close 73 facilities, aiming to save $3.5 billion through a "network restructuring" initiative. UPS will focus on high-margin businesses, increase automation investments, and actively explore new growth areas to adapt to changes in the logistics industry. This strategic shift is designed to improve efficiency and profitability amidst evolving market dynamics and reduced reliance on a single major client.

01/07/2026 Logistics
Read More
Amazon Cuts Jobs Amid Crossborder Ecommerce Shifts

Amazon Cuts Jobs Amid Crossborder Ecommerce Shifts

Amazon announced a massive layoff of 18,000 employees, revealing challenges from declining pandemic benefits, rising inflation, and increased competition. Facing rising Amazon fees, cross-border e-commerce sellers need to adjust their mindset, focus on meticulous operations, control inventory, and diversify their businesses. Despite the challenges, Amazon remains a worthwhile platform to invest in. Embracing change is key to success in the future.

12/29/2025 Logistics Industry Insights
Read More
Businesses Adapt Strategies to Thrive Amid Transformative Change

Businesses Adapt Strategies to Thrive Amid Transformative Change

Facing the 'new normal' in the business world, companies must view change as an opportunity, not a threat. This article interprets the white paper 'Five New Principles of Transformative Change,' extracting five key principles: defining a clear vision, establishing leadership, building a culture, empowering employees, and continuous evaluation. Through case studies and CEO perspectives, it illustrates how companies can embrace change and remain competitive in the future.

09/26/2025 Logistics Industry Insights
Read More
Plus Ultra Airlines Expands Global Flight Network

Plus Ultra Airlines Expands Global Flight Network

Plus Ultra Airlines distinguishes itself in the aviation industry with its spirit of 'Further Beyond,' employing a hybrid business model, premium service, and a focus on sustainability. The company is actively expanding its route network, improving operational efficiency, and is committed to reducing carbon emissions, contributing to the sustainable development of the global aviation sector. Plus Ultra aims to push boundaries and set new standards for environmentally conscious and customer-centric air travel.

01/05/2026 Airlines
Read More