Guide to Japans AFR Filing Key Steps and Challenges

Guide to Japans AFR Filing Key Steps and Challenges

This article focuses on common issues in AFR (Advance Filing Rules of Japan Customs) filing, such as fee collection, handling omissions, and HS code completion. Through case studies and practical tips, it provides readers with a detailed practical guide. The aim is to help companies avoid risks, efficiently complete declarations, and improve customs clearance efficiency. It covers key aspects of the AFR process and offers actionable advice for businesses navigating the complexities of Japanese customs regulations.

Sumitomo Mitsui Trust Bank SWIFT Code Eases Global Transfers

Sumitomo Mitsui Trust Bank SWIFT Code Eases Global Transfers

This article provides a detailed explanation of the SWIFT code STBCJPJ2XXX for Sumitomo Mitsui Trust Bank in Japan. It analyzes the components and application scenarios of the code, emphasizing the importance of using it correctly. The article also highlights key considerations for cross-border remittances, aiming to help readers complete international transfers safely and efficiently. It serves as a guide for understanding the specific SWIFT code and navigating the complexities of international money transfers involving Sumitomo Mitsui Trust Bank.

WCOJICA Enhances Customs Valuation in Pacific Islands

WCOJICA Enhances Customs Valuation in Pacific Islands

The World Customs Organization (WCO), in partnership with the Japan International Cooperation Agency (JICA), launched a Customs Valuation Mentor Training Program for Pacific Island Countries, aiming to build a regional pool of experts and enhance customs valuation capabilities. The program promotes regional cooperation, enhances competitiveness, and achieves sustainable development by cultivating local experts and developing regional training materials. Recommended follow-up actions include strengthening training evaluation, establishing an information-sharing platform, and improving legal and regulatory frameworks.

East Africa Launches Customs Capacity Building Program

East Africa Launches Customs Capacity Building Program

The World Customs Organization (WCO) and Japan International Cooperation Agency (JICA) joint project, 'Train-the-Trainers Programme', has made significant progress in East Africa, enhancing customs capacity by developing a pool of post-clearance audit experts and creating training materials. The project innovatively adopted a 'virtual working group' model during the pandemic to ensure its smooth continuation. Moving forward, the project will further improve training skills and build a sustainable mechanism for customs capacity enhancement in the region.

Haneda Airport Data Reveals Japans Aviation Trends

Haneda Airport Data Reveals Japans Aviation Trends

Haneda Airport, a major aviation hub for Japan Airlines, is renowned for its extensive domestic transfer operations, surpassing Hong Kong and Singapore in annual passenger volume. This article analyzes Haneda's unique connectivity, emphasizing the importance of its domestic routes and exploring the development potential of its international transfer business, along with its challenges and opportunities. By learning from other Asian hubs, Haneda Airport has the potential to further enhance its position in the global aviation network.

Yen Hits Record Low As Euro Surges Amid Policy Concerns

Yen Hits Record Low As Euro Surges Amid Policy Concerns

The Euro's record high against the Yen highlights structural issues in the Japanese economy. Eurozone fiscal discipline and monetary policy independence support the Euro, while Japan's debt, demographics, and loose monetary policy weaken the Yen. Japan needs structural reforms, monetary policy adjustments, industrial upgrades, and strengthened international cooperation to address Yen depreciation risks and ensure sustainable economic development. These measures are crucial for mitigating the negative impacts of the weak Yen and fostering long-term economic stability.

GRIPS Announces 20252026 Scholarship Application Guidelines

GRIPS Announces 20252026 Scholarship Application Guidelines

This article provides a comprehensive guide for applicants to the Graduate Research Program at the National Graduate Institute for Policy Studies (GRIPS) in Japan. It covers program selection, eligibility criteria, fee details, scholarship opportunities, application material preparation, timeline planning, interview preparation, and strategies for dealing with application results. The aim is to help applicants fully understand GRIPS' application process and requirements, thereby increasing their chances of successful admission. The guide offers practical advice and insights to navigate the application process effectively.

WCO Asiapacific Seminar Enhances Customs Risk Management

WCO Asiapacific Seminar Enhances Customs Risk Management

The WCO Asia-Pacific Risk Management and Enforcement Analysis Workshop was held in Japan, aiming to enhance customs risk management capabilities in the Asia-Pacific region. The workshop covered topics such as risk assessment, target setting, and the establishment of national targeting centers. It emphasized the crucial role of data analysis in risk management and contributed to regional trade security and facilitation. Participants discussed best practices and strategies for identifying and mitigating potential threats to trade and supply chains within the region.

Ecommerce Sellers Turn to Japanese Warehouses for Higher Profits

Ecommerce Sellers Turn to Japanese Warehouses for Higher Profits

This article analyzes the drawbacks of Amazon FBA and promotes the advantages of Japan overseas warehouses, including cost reduction, efficiency improvement, and market expansion. It highlights key factors for selecting the right overseas warehouse to help sellers achieve profitability. By leveraging Japan's strategic location and efficient logistics network, businesses can overcome FBA limitations and optimize their cross-border e-commerce operations. The article aims to provide practical guidance for sellers seeking to enhance their competitiveness and expand their reach in the global market.

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SHEIN Opens First Permanent Store in Tokyos Harajuku

SHEIN Opens First Permanent Store in Tokyos Harajuku

SHEIN is opening its first permanent event space in Japan, located on Cat Street in Harajuku, aiming to strengthen brand presence through a physical location. The store will offer clothing browsing and try-on services, with consumers purchasing items online by scanning QR codes. Future plans include hosting fashion shows and designer events. This move follows SHEIN's previous experience in the Japanese market through pop-up and temporary stores, allowing them to gain valuable market insights before establishing a permanent retail presence.