WCO Urges Modernization to Boost Sri Lankas Economy

WCO Urges Modernization to Boost Sri Lankas Economy

WCO Secretary General Kunio Mikuriya's speech at the Postgraduate Institute of Management, Sri Lanka, highlighted the importance of knowledge, communication, and integrity, exploring the role of customs modernization in post-conflict economic reconstruction. Through the Master of Customs Administration program, research seminars, and meetings with government officials and business representatives, the Secretary General emphasized the crucial role of knowledge-driven approaches, public-private partnerships, and international cooperation in building an efficient trade environment. These elements are vital for fostering economic growth and stability in the region.

12/30/2025 Customs Knowledge
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HS Code 51 Key Rules for Wool Trade Globally

HS Code 51 Key Rules for Wool Trade Globally

This article provides an in-depth analysis of various wool and animal hair products under HS Code 51, including specifications, measurement units, export tax rebate rates, and regulatory conditions for uncombed wool. The aim is to assist traders in better understanding the core information related to merchandise trade.

08/05/2025 HS Code Query
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Tiktok Lowers Revenue Forecast Amid Slowing Ad Growth

Tiktok Lowers Revenue Forecast Amid Slowing Ad Growth

Affected by the global online consumption slowdown, TikTok has lowered its annual revenue target to approximately $10 billion, primarily due to hindered growth in advertising and e-commerce. The company is undergoing business restructuring, with the North American General Manager reassigned to oversee TikTok Shop. Despite facing challenges, TikTok leads in US advertising revenue and is actively developing its e-commerce business. Its future development is worth watching.

12/31/2025 Logistics Industry Insights
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Ohiggins Airport Emerges As Key Hub in Chiles Huilo Huilo Region

Ohiggins Airport Emerges As Key Hub in Chiles Huilo Huilo Region

General O'Higgins International Airport, located in Chillan, Chile, is a medium-sized aerospace hub featuring a 1,750-meter runway primarily serving regional flights. The airport provides real-time weather observations and NOTAM services, facilitating travel for both tourists and business travelers. It serves as a vital bridge for local economic development and cultural exchange.

08/08/2025 Airport Codes
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Aidriven Procurement Transforms Business Strategies

Aidriven Procurement Transforms Business Strategies

Adopting AI in procurement is not merely a technical issue but a cultural transformation. This article highlights the importance of corporate culture, clear objectives, data quality, and agile iteration in AI procurement transformation. It emphasizes a human-centric approach, viewing AI as an assistive tool rather than a replacement, to realize the true value of procurement. Successfully integrating AI requires aligning organizational values, ensuring data integrity, and embracing iterative development to adapt to evolving needs and maximize the benefits of AI-driven procurement.

11/03/2025 Logistics Industry Insights
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Robotic Cleaners Enhance Business Efficiency

Robotic Cleaners Enhance Business Efficiency

Robotic cleaning devices are transforming business operations. They create new opportunities for companies by boosting productivity, improving employee satisfaction, enhancing brand image, providing data-driven optimization, and reducing costs. Robotic cleaning is not just a cleaning tool; it's a strategic investment. It allows businesses to reallocate resources to more strategic tasks, ultimately leading to improved operational efficiency and fostering a culture of innovation. The data collected by these robots can also provide valuable insights for further optimization and decision-making.

01/07/2026 Logistics Industry Insights
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Datadriven Strategies Fuel Business Growth

Datadriven Strategies Fuel Business Growth

This article delves into three key strategies for enterprises to leverage data analysis to reshape decision-making and drive growth: building cross-departmental data alliances, embracing technological change, and expanding data influence. It emphasizes the continuous nature of data-driven transformation, helping companies stand out in the competition. The strategies cover how to foster collaboration, adopt new tools, and broaden the application of data insights across the organization, ultimately leading to more informed and effective business decisions.

01/19/2026 Logistics Industry Insights
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Leipzig-Altenburg Airport Adapts as Key Regional Hub in Thuringia

Leipzig-Altenburg Airport Adapts as Key Regional Hub in Thuringia

Leipzig-Altenburg Airport (AOC), located in Thuringia, Germany, is the second largest airport in the region after Erfurt-Weimar Airport. Established in 1868 and officially opened in 1913, it features a 2235-meter runway suitable for business and general aviation. However, since Ryanair's withdrawal in 2011, the airport has ceased all regular flights, although it continues to play a role in regional transport.

07/29/2025 Airport Codes
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