West and Central Africa Strengthen Customs to Fight Art Trafficking

West and Central Africa Strengthen Customs to Fight Art Trafficking

Under the initiative of the World Customs Organization, West and Central African Customs administrations have jointly developed an action plan to strengthen cultural heritage protection and combat illicit trafficking. The plan encompasses key areas such as raising awareness, enhancing inter-agency cooperation, and conducting practical training. It emphasizes the importance of international collaboration to build a robust barrier against the illegal trade in cultural artifacts and promote the preservation of cultural heritage across the region.

01/07/2026 Customs Knowledge
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Experts Warn of Risks As RMB Rally Stalls Amid Uncertainty

Experts Warn of Risks As RMB Rally Stalls Amid Uncertainty

BOC Securities' Guan Tao points out that the recent RMB appreciation is supported by multiple factors, but uncertainties remain. The dollar's trajectory, external environment changes, and economic fundamentals will all affect the RMB exchange rate. He emphasizes that the exchange rate acts as a 'shock absorber' in the short term, while economic fundamentals determine its long-term trend. He urges a rational view of current exchange rate fluctuations and cautions against excessive optimism.

01/07/2026 Exchange Rate Query
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Airlines Oppose Brazils Mandatory Baggage Fee Proposal

Airlines Oppose Brazils Mandatory Baggage Fee Proposal

Aviation industry organizations, including IATA, jointly appealed to the Brazilian President against reinstating mandatory baggage fees. They argue this would increase airfares, harm passenger rights, violate international agreements, and undermine investor confidence. The letter urges the government to veto the amendment, safeguarding the healthy development of the aviation industry. The organizations believe that mandatory baggage fees distort the market and negatively impact the accessibility and affordability of air travel for Brazilian citizens.

01/20/2026 Logistics Industry Insights
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US Customs Extends CTPAT Program to Nonasset 3pls

US Customs Extends CTPAT Program to Nonasset 3pls

U.S. Customs and Border Protection (CBP) launched a five-year pilot program, for the first time allowing non-asset based Third-Party Logistics (3PL) providers to participate in the Customs-Trade Partnership Against Terrorism (CTPAT). This aims to strengthen supply chain security and address potential vulnerabilities. Participating companies must meet security standards, receive facilitation benefits, and contribute to overall supply chain security enhancement. The pilot program will provide experience for future CTPAT program expansion.

01/21/2026 Logistics
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Standard Chartered Nigeria Clarifies SWIFT Code for Secure Transfers

Standard Chartered Nigeria Clarifies SWIFT Code for Secure Transfers

This article provides a detailed explanation of Standard Chartered Bank Nigeria's SWIFT code, SCBLNGLAXXX. It clarifies the structure and function of SWIFT codes, offering a practical guide on how to correctly use them for cross-border remittances. The guide emphasizes the importance of remittance security and cautions readers against potential scams. It highlights key aspects to consider when sending money internationally to ensure a safe and efficient transaction through Standard Chartered Bank in Nigeria, leveraging the correct SWIFT code.

09/03/2025 International Settlement
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MCB Banks SWIFT Code Key to Secure Global Transfers

MCB Banks SWIFT Code Key to Secure Global Transfers

This article provides an in-depth analysis of MCB Bank's SWIFT code, MUCBPKKACRF, dissecting its structure and highlighting crucial usage guidelines. It addresses common questions and aims to help users avoid errors in cross-border remittances, ensuring the safe and efficient arrival of funds. The article emphasizes the importance of verifying information, selecting reputable banks, and being vigilant against scams when conducting international money transfers. Proper use of the SWIFT code is essential for successful and secure transactions.

09/03/2025 International Settlement
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NMB Bank Tanzania Publishes Guide on SWIFT Codes for International Transfers

NMB Bank Tanzania Publishes Guide on SWIFT Codes for International Transfers

This article provides a detailed analysis of NMB Bank Tanzania's SWIFT code, NMIBTZTZXXX, and its usage scenarios. It emphasizes the importance of accurate information in international money transfers and provides essential details for receiving international remittances through NMB. The article also advises readers to be aware of emerging cross-border payment solutions and to be vigilant against financial fraud. Ensuring the correct SWIFT code and beneficiary details are crucial for smooth and secure international transactions with NMB Bank.

09/01/2025 International Settlement
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Air Freight Industry Weighs Pallet Costs Vs Benefits

Air Freight Industry Weighs Pallet Costs Vs Benefits

Whether to palletize international air freight cargo requires a comprehensive consideration of cost, customer requirements, cargo characteristics, and Incoterms. When the shipper bears the freight costs, carefully evaluate the additional costs associated with pallets and communicate effectively with the customer to choose the most economical solution. Understanding the allocation of cost responsibilities under different Incoterms is crucial for making informed decisions. Balancing palletization benefits against associated expenses ensures cost-effectiveness and customer satisfaction in international air shipments.

09/26/2025 Logistics Encyclopedia
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Freight Forwarders Adopt 10 Strategies to Mitigate Bad Debt Risks

Freight Forwarders Adopt 10 Strategies to Mitigate Bad Debt Risks

Freight forwarding companies face the risk of bad debts. This article provides ten risk control strategies to help businesses avoid risks and ensure stable operations. These strategies include: customer background checks, payment method selection, contract signing, cautious handling of special goods, vigilance against abnormal situations, compliant handling of dangerous goods, credit limit control, evidence preservation, and timely loss mitigation. By implementing these measures, freight forwarders can proactively manage potential financial losses and maintain a healthy business.

09/26/2025 Logistics Industry Insights
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