South Korea Tightens Rules on Overseas Ecommerce Firms

South Korea Tightens Rules on Overseas Ecommerce Firms

South Korea plans to revise the Electronic Commerce Act, requiring cross-border e-commerce platforms like Temu and AliExpress to appoint domestic agents in Korea to address consumer rights issues. The new regulations also cover consumer information protection and advertising standards, aiming to create a safer and more reliable cross-border e-commerce environment for Korean consumers. This may encourage cross-border e-commerce platforms to adopt a more localized approach in their operations within South Korea, enhancing consumer protection and ensuring compliance with local laws.

11/03/2025 Logistics
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Tiktoks Managed Model Boosts Crossborder Ecommerce Sellers

Tiktoks Managed Model Boosts Crossborder Ecommerce Sellers

TikTok's launch of the fully managed model presents new opportunities for cross-border e-commerce sellers. Merchants only need to focus on product development and supply, while the platform handles sales, operations, logistics, and after-sales service. This model reduces operational costs, improves efficiency, and expands sales channels, helping sellers easily enter the global market. However, success still depends on sellers having high-quality products and a robust supply chain. This streamlined approach aims to simplify the process of selling on TikTok Shop for international businesses.

Baltic Dry Index Surge Signals Rising Global Freight Costs

Baltic Dry Index Surge Signals Rising Global Freight Costs

The surge in the Baltic Dry Index (BDI) is a result of multiple factors including global economic recovery, tight shipping capacity, and port congestion. It reflects new trends in global trade and indicates growing demand for commodities. Geopolitical risks and changes in trade policies also significantly impact freight rates. The BDI serves as a barometer of the global economy and warrants close attention. Its fluctuations provide insights into the health of international commerce and the interplay of supply and demand in the dry bulk shipping sector.

Enhancing Passenger Travel Experience Urumqi International Airport's Intelligent Upgrade

Enhancing Passenger Travel Experience Urumqi International Airport's Intelligent Upgrade

Urumqi International Airport is enhancing the travel experience for passengers through the upgrade of intelligent facilities. The newly added automatic verification channels will significantly improve security check efficiency, allowing travelers to simply place their boarding passes into the channel, where the system will automatically read the information, speeding up the process. Over the past year, the airport has introduced new devices and service robots to further shorten security check times. The implementation of automatic verification channels will make travel more convenient and secure for passengers.

Lanzhou Dongchuan Railway Logistics Center Officially Opens: Promoting the Development of the Silk Road Economic Belt

Lanzhou Dongchuan Railway Logistics Center Officially Opens: Promoting the Development of the Silk Road Economic Belt

The Lanzhou Dongchuan Railway Logistics Center officially opened on December 31, marking its successful integration with domestic and international trade markets. This new project, which includes the Dongchuan Railway Freight Center and Lanzhou Railway Comprehensive Cargo Yard, lays the foundation for improved regional logistics efficiency. With a layout of 'two zones and five parks,' the expected cargo throughput by 2020 is projected to reach 7.08 million tons, with a forecast of 15.42 million tons by 2030, further promoting the development of the Silk Road Economic Belt.

12/31/2023 Logistics
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South Korean Shipping Companies Tackle Challenges: The Competitive Path of Large Container Ships

South Korean Shipping Companies Tackle Challenges: The Competitive Path of Large Container Ships

As competition intensifies in the global shipping market, South Korean shipping companies urgently need to acquire ultra-large container ships to reduce costs and enhance their market competitiveness. However, liquidity issues and financing difficulties complicate this goal. Additionally, overcapacity in the industry and falling freight rates pose challenges to profitability. Regulatory authorities oppose the merger of two companies, citing potential negative impacts on the overall economy. In the future, businesses must find a breakthrough between new ship investments and market adaptation, with hopes for a recovery.

07/21/2025 Logistics
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Transforming Customs Declarations Enhancing Trade Efficiency and Regulation in China

Transforming Customs Declarations Enhancing Trade Efficiency and Regulation in China

This article provides a detailed analysis of the key changes between the old and new customs declarations, emphasizing the impact of removed and added content on businesses. The removal of items like the original approval number and settlement certificate aims to simplify the declaration process. The addition of special relationship confirmation and a unified social credit code further enhances tax management and trade transparency. Changes in naming and optimization of product categories improve overall operational convenience, contributing to the continuous improvement of the trade environment.

Airlines Boost Profits with Rising Ancillary Revenue

Airlines Boost Profits with Rising Ancillary Revenue

This paper delves into the rise of airline ancillary revenue and its impact on industry profitability and passenger experience. By analyzing the growth drivers, composition, benefits, and the role of innovative startups in ancillary revenue, it reveals its increasing importance in airlines' financial stability and personalized services. The study also explores the future development trends driven by technology, highlighting how ancillary revenue is reshaping the aviation landscape and offering new opportunities for airlines to enhance revenue streams while improving the overall travel experience for passengers.

12/29/2025 Airlines
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Global Customs Intensifies Crackdown on Fake COVID Supplies in Southeast Asia

Global Customs Intensifies Crackdown on Fake COVID Supplies in Southeast Asia

The World Customs Organization (WCO) is strengthening cooperation with ASEAN to combat cross-border smuggling of counterfeit and substandard COVID-19 supplies. This collaboration aims to enhance customs control capabilities, strengthen intelligence sharing, and leverage technology to build a new framework for global customs cooperation. The initiative seeks to safeguard global health security by preventing the proliferation of illicit medical products and ensuring the integrity of supply chains. This partnership underscores the importance of international collaboration in addressing transnational threats and protecting public health.

WCO Launches Online Training for Strategic Trade Controls

WCO Launches Online Training for Strategic Trade Controls

The WCO STCE project held an online Train-the-Trainers workshop to enhance experts' remote teaching skills, enabling them to effectively deliver strategic trade control courses. The course was divided into two phases, covering online teaching techniques, new curriculum experience, and practical exercises. Participants from 14 customs administrations actively participated, improving their online teaching skills and contributing to global strategic trade control. The workshop strengthens the capacity of trainers to deliver high-quality STC training remotely, expanding the reach and impact of the STCE program.