The SWIFT/BIC code for the Bank of Commerce and Development (L.J.S.C.) is CDBLLYLT015. It is essential to use the correct code and address information when making international remittances to ensure the security of funds.
Jetstar Australia has announced plans to launch direct flights between China and Australia by the end of the year, offering 35 flights weekly to attract more Chinese tourists. The airline will focus on the growth potential of second and third-tier Chinese cities to enhance travel convenience. Furthermore, by 2034, the number of outbound Chinese tourists is expected to reach 800 million, with 1% of Australian visitors translating to 8 million, further promoting economic development between China and Australia.
China-Russia trade is growing at an astounding rate, projected to reach nearly $170 billion by the end of this year. Key drivers include energy cooperation, diversified commodity trade, and the increasing adoption of RMB settlement. Despite sanctions challenges, both countries are actively seeking new trade routes and aim to increase trade to $200 billion by 2024, contributing to global economic stability. They are working to overcome obstacles and strengthen their economic partnership in the face of external pressures.
During the year-end peak season, cross-border sellers face multiple challenges including the risk of a US West Coast strike, Canadian port congestion, and Amazon warehouse overflow. Sellers should promptly adjust logistics and stocking plans, optimize inventory management, choose warehouses with better logistics conditions, and maintain communication with logistics providers and Amazon to ensure smooth logistics. This proactive approach is crucial for navigating the complex and volatile logistics landscape and mitigating potential disruptions to supply chains.
Amazon is gearing up for the peak season by announcing the hiring of 150,000 employees and increasing wages and benefits, demonstrating confidence in year-end sales growth. Simultaneously, the Vine program is launching limited-time discounts, providing sellers with opportunities to gain reviews. Sellers should rationally assess their situation, optimize product listings and promotion strategies, seize opportunities, and achieve sales goals. This period requires careful planning and execution to maximize potential gains during the busy holiday shopping season.
This article provides an in-depth analysis of the highlights and topics discussed at the Amazon Advertising Peak Season Summit. It focuses on the latest advertising features and practical ad campaign strategies. Furthermore, it offers important logistics considerations for the peak season. The aim is to help sellers efficiently prepare for the end-of-year shopping season and boost sales performance. By leveraging these insights, sellers can optimize their advertising efforts and ensure smooth operations during this crucial period.
Container shipping market freight rates are plummeting, with HSBC predicting a potential bottoming out at 2019 levels by year-end. Shipping companies like Evergreen have already renegotiated freight rate terms with shippers. A combination of factors, including capacity recovery, weak demand, and geopolitical issues, poses challenges for container shipping companies. They need to actively adjust strategies to address market risks and ensure supply chain stability. The sharp decline highlights the volatility and complexities within the global shipping industry.
The Philippines has launched a National Time Release Study (TRS) in collaboration with the World Customs Organization (WCO) to optimize import and export clearance processes for sea cargo. The study aims to identify bottlenecks, enhance efficiency, and provide evidence-based recommendations for reforms, ultimately boosting the Philippines' trade competitiveness and fulfilling its obligations under the WTO Trade Facilitation Agreement. The final report is expected by the end of 2025, laying the groundwork for sustainable trade facilitation.
The slowdown in the Logistics Manager's Index at the end of 2023 reflects an 'adaptability crisis' in the logistics industry. This analysis examines the 'circular dilemma' faced by logistics managers and the triple challenges in warehouse operations. It emphasizes the importance of adaptive strategies such as building diversified supply chains, digital transformation, and resilient inventory management. The article calls for companies to shift from reactive responses to proactive adaptation, embracing change to navigate the evolving logistics landscape.
eBay has introduced enhancements to Promoted Listings Advanced, including a quick setup option, simplifying ad creation. This expands ad placements, provides keyword suggestions, introduces negative phrase matching, and optimizes reporting. These improvements are designed to help sellers efficiently increase product visibility and sales during the year-end peak season. The aim is to streamline the advertising process and provide more control and insights, ultimately empowering sellers to maximize their return on investment during this crucial period.
