Indonesia Boosts Customs to Rival Asiapacific Trade Hubs

Indonesia Boosts Customs to Rival Asiapacific Trade Hubs

Indonesia and the World Customs Organization (WCO) have signed an agreement to establish a Regional Training Center (RTC) and a Regional Customs Laboratory (RCL) in Indonesia. This initiative aims to enhance the professional skills of customs officers and improve commodity inspection capabilities in the Asia-Pacific region. The goal is to combat smuggling, facilitate trade, and strengthen global supply chain resilience. Indonesia will play a more significant role in regional customs cooperation through these facilities, contributing to improved efficiency and security in international trade.

02/12/2026 Customs Knowledge
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WCO and SECO Enhance Latin American Trade Via GTFP Initiative

WCO and SECO Enhance Latin American Trade Via GTFP Initiative

The WCO participated in a Latin American trade facilitation event, promoting trade facilitation initiatives. The meeting focused on digitalization and risk management, emphasizing strategic planning and inter-agency cooperation. The WCO reaffirmed its commitment to supporting trade development in the region. Discussions included the importance of streamlined customs procedures and the implementation of international standards to reduce trade barriers and enhance economic growth. The WCO will continue to provide technical assistance and capacity building to support Latin American countries in their trade facilitation efforts.

02/12/2026 Customs Knowledge
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Southern Africa Boosts Customs Skills Via WCOJICA Partnership

Southern Africa Boosts Customs Skills Via WCOJICA Partnership

A WCO/JICA-supported customs valuation training program for Southern Africa took place in Botswana. The initiative aimed to enhance the customs valuation capabilities of five countries in the region. By improving valuation practices, the project contributes to regional economic development and facilitates smoother trade flows within Southern Africa. The training program focused on equipping customs officials with the necessary skills and knowledge to accurately assess the value of imported goods, ensuring fair and efficient revenue collection and promoting a level playing field for businesses.

02/12/2026 Customs Knowledge
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China Malaysia Advance Highspeed Rail for Regional Links

China Malaysia Advance Highspeed Rail for Regional Links

The China-Malaysia High-Speed Railway project is currently in the planning and research phase, facing challenges across natural, political, and economic dimensions. Upon completion, it will significantly enhance regional connectivity, boost trade and tourism, and create employment opportunities. Simultaneously, it's crucial to address environmental impacts for sustainable development. The construction of the China-Malaysia High-Speed Railway will inject new impetus into regional economic development and cultural exchange. It's a project with significant potential for growth and collaboration between the two nations and the broader region.

02/12/2026 Logistics Encyclopedia
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Latvias Talsi Emerges As Untapped Ecommerce Hub

Latvias Talsi Emerges As Untapped Ecommerce Hub

Talsi, an emerging market in Latvia, presents new opportunities for cross-border sellers due to its advantageous location, unique products, diversified economy, and e-commerce potential. Focusing on differentiated product selection, such as agricultural products and handicrafts, can help businesses seize market opportunities and achieve growth. Its strategic location within Latvia and access to the Baltic region make it an attractive hub for e-commerce operations. By leveraging these factors, businesses can capitalize on the growing demand for Latvian products and services in the international market.

02/12/2026 Logistics Encyclopedia
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Golucky Uses Tech to Transform SE Asia Crossborder Logistics

Golucky Uses Tech to Transform SE Asia Crossborder Logistics

Shenzhen GoLucky Supply Chain Technology Co., Ltd. (GoLucky) focuses on the Southeast Asian logistics market. By building an integrated sea, land, and air service system and developing its own digital logistics system, GoLucky is committed to creating an efficient and stable Asian logistics network. It provides intelligent and visualized logistics solutions for cross-border e-commerce, improving the efficiency of cross-border trade. GoLucky aims to optimize supply chains and provide reliable shipping options within the region, fostering growth for businesses involved in Southeast Asian commerce.

02/12/2026 Logistics
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Qingdao Ports Searail Cuts Costs for Yellow River Businesses

Qingdao Ports Searail Cuts Costs for Yellow River Businesses

Qingdao Port has launched a new sea-rail intermodal transportation model, allowing companies in the Yellow River Basin to benefit from a streamlined process with "one declaration and one single document," eliminating cumbersome transfer procedures. This initiative cuts customs clearance time by half and reduces costs. As a major gateway for the Yellow River Basin, Qingdao Port is continuously enhancing its radiating and driving role, contributing to regional economic development. The new model aims to improve efficiency and reduce logistical burdens for businesses in the region.

02/12/2026 Logistics
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Zhejiang Ports Adopt Paperless Shipping to Boost Smart Logistics

Zhejiang Ports Adopt Paperless Shipping to Boost Smart Logistics

Paperless container transportation is now fully implemented in Zhejiang's coastal ports, with the launch of the Easy Port Tong Jiaxing online business hall as a key step. This platform integrates resources to provide unified logistics services, optimizing business processes and improving operational efficiency. It lays a solid foundation for the construction of Zhejiang Province's smart logistics system. The initiative streamlines operations, reduces paperwork, and enhances the overall efficiency of container handling and transportation within the region, contributing to a more sustainable and technologically advanced port environment.

02/12/2026 Logistics
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Hong Kong to Rename Virtual Banks As Licensed Digital Banks

Hong Kong to Rename Virtual Banks As Licensed Digital Banks

The Hong Kong Monetary Authority (HKMA) plans to rename "Virtual Banks" to "Licensed Digital Banks" to eliminate public misconceptions about the term "virtual" and enhance trust. This move aims to further promote the development of digital banking in Hong Kong and align with international trends. Currently, digital banks in Hong Kong have 2.2 million customers and deposits of HK$37 billion. The rebranding reflects the growing maturity and acceptance of digital banking services in the region, signaling a commitment to innovation and financial inclusion.

02/12/2026 International Settlement
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Otago NZ Sees Growth in Crossborder Ecommerce

Otago NZ Sees Growth in Crossborder Ecommerce

This article delves into the e-commerce potential of the Otago region in New Zealand's South Island, highlighting its economic diversification, abundant unique products, and rapidly growing e-commerce market. It analyzes the opportunities and challenges faced by cross-border e-commerce businesses. The article provides strategy recommendations for cross-border sellers, including selecting niche products, optimizing logistics, and implementing localized marketing, to help them successfully expand into the New Zealand market. The focus is on practical advice for navigating the local landscape and maximizing returns.

02/02/2026 Logistics Encyclopedia
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