Somali Shilling Hits Record Low Against USD

Somali Shilling Hits Record Low Against USD

According to the latest data, 1 Somali Shilling is equivalent to 0.0000175 USD, and the exchange rate of the US dollar to the Somali Shilling is 571.144. The fluctuations in exchange rates indicate market stability, which has a significant impact on international trade.

BANKA DD Advises Secure OTP and SWIFT Code Use

BANKA DD Advises Secure OTP and SWIFT Code Use

This article explains how to correctly use the SWIFT/BIC code of OTP BANKA D.D. to ensure the safety and accuracy of international transfers. It covers the definition of SWIFT/BIC, how to confirm bank information, common mistakes to avoid, and raises user awareness of transfer security and practical skills.

Prince Albert Airport Expands Role in Global Cargo Trade

Prince Albert Airport Expands Role in Global Cargo Trade

Prince Albert Airport is a key international airport in Canada, providing efficient cargo services. Its modern facilities cater to diverse transportation needs, aiming to boost the regional economy. The airport continuously enhances service quality to adapt to the rapid changes in global logistics, becoming a strong supporter of international trade.

WCO Speeds Up Disaster Aid After Earthquakes Floods

WCO Speeds Up Disaster Aid After Earthquakes Floods

The World Customs Organization (WCO) expresses its deep sorrow regarding the recent earthquake in Morocco and the floods in Libya. The WCO emphasizes the crucial role of customs in disaster relief, offering tools and guidelines to streamline border procedures and expedite the cross-border movement of life-saving supplies. The WCO urges member customs administrations to prioritize the clearance of relief goods, implement simplified and advance declarations, and adopt flexible clearance procedures. It also calls for enhanced international cooperation to jointly respond to disasters and provide support and condolences to the affected communities.

Caribbean Customs Postal Services Strengthen Ecommerce Ties

Caribbean Customs Postal Services Strengthen Ecommerce Ties

A Caribbean Customs-Postal Cooperation Workshop was held in Guyana, focusing on the challenges and opportunities of e-commerce. The workshop emphasized the importance of electronic data interchange (EDI) and security measures to facilitate cross-border trade. Participants aimed to establish a regional cooperation framework to address the evolving needs of the e-commerce landscape within the Caribbean. The discussions highlighted the need for strengthened collaboration between customs and postal services to ensure efficient and secure handling of e-commerce shipments and to foster sustainable e-commerce development in the region.