WCO Establishes Global Ecommerce Trade Standards

WCO Establishes Global Ecommerce Trade Standards

The World Customs Organization (WCO) E-Commerce Working Group has finalized a comprehensive e-commerce package. This aims to promote the standardization, efficiency, and sustainability of global cross-border e-commerce through a standardized framework, technical specifications, and implementation strategies. The package covers various aspects, including terminology definitions, technical specifications, and tax collection. Following review by various committees, it is expected to be promoted and implemented globally, facilitating trade and harmonizing practices in the rapidly growing e-commerce sector.

Saudi Dropshipping Platform M5azn Transforms Middle East Ecommerce

Saudi Dropshipping Platform M5azn Transforms Middle East Ecommerce

M5azn is Saudi Arabia's first local dropshipping e-commerce platform, offering over 30,000 products and supporting integration with local self-built websites. It aims to lower the barrier to entry for e-commerce and promote its development in Saudi Arabia and the Middle East. Its zero-cost startup and no-inventory management model are particularly suitable for new sellers and have the potential to reshape the local e-commerce ecosystem.

Tokopedia Expands Into Indonesias Muslim Lifestyle Sector

Tokopedia Expands Into Indonesias Muslim Lifestyle Sector

Indonesian e-commerce giant Tokopedia launched Tokopedia Salam, a Muslim-focused channel offering Halal-certified products, Islamic financial services, and charitable donations. Future plans include the introduction of Hajj pilgrimage packages. This move aims to cater to the consumption needs of Indonesia's large Muslim population and capitalize on the growing trend of Southeast Asia's tech startup ecosystem. By launching this channel, Tokopedia seeks to gain a competitive advantage in the market.

Wenjiangs Badminton Court Fosters Crossborder VC Networking

Wenjiangs Badminton Court Fosters Crossborder VC Networking

The Qiaoxing Venture Capital Ecosystem hosted a unique cross-border event in Wenjiang, combining badminton with venture capital networking to create a relaxed and efficient platform for entrepreneurs and investors. Through sports, sharing, and resource matching, the ecosystem aims to break down traditional venture capital barriers and explore new models, providing entrepreneurs with more opportunities and support. This innovative approach fosters valuable connections and facilitates resource sharing within the startup community.

Singapore Tightens Employment Pass Rules for 2026 Business Guide

Singapore Tightens Employment Pass Rules for 2026 Business Guide

Singapore is implementing new EP/S Pass policies in 2026, raising salary thresholds, restricting foreign quotas, and strengthening job approvals. Companies need to focus on the compliance of contract texts, job matching, and supporting documents. Building a sound compliance system and planning ahead are crucial to adapt to the new regulations and smoothly attract talent. Businesses should proactively conduct compliance self-checks to ensure they meet the upcoming requirements and avoid potential penalties. Early preparation is key to navigating the evolving landscape of Singapore's foreign workforce regulations.