World Bank WCO Aid Philippines in Customs Modernization

World Bank WCO Aid Philippines in Customs Modernization

With support from the World Bank and the World Customs Organization (WCO), the Philippine Customs is undertaking a reform and modernization program. The project aims to create a smart and efficient new customs administration by strengthening its IT infrastructure, revitalizing human resource management, and establishing a customs academy. The WCO provides expert tools and analysis to assist the Philippine Customs in its strategic transformation, improve service delivery, and contribute more significantly to national economic development.

Madagascar Boosts Trade with Wcosupported AEO Program

Madagascar Boosts Trade with Wcosupported AEO Program

A World Customs Organization (WCO) expert team visited Madagascar to assist its customs administration in implementing the Authorized Economic Operator (AEO) program. The goal is to enhance supply chain security and efficiency, thereby promoting trade facilitation. The mission covered AEO simplified procedures, customs support measures, standards and benefits, and international best practices. This initiative aims to bring new highlights to Madagascar's customs management and lay the foundation for the country's sustainable economic development.

Lithuanias Taurag County Emerges As Ecommerce Hub

Lithuanias Taurag County Emerges As Ecommerce Hub

Taurage County in Lithuania, an emerging market for cross-border e-commerce, offers new opportunities for global sellers due to its unique geographical advantages, distinctive products, and developing e-commerce environment. This article provides an in-depth analysis of Taurage County's economic overview, e-commerce scale, and urban characteristics. The aim is to help cross-border e-commerce sellers better understand this market and develop effective market strategies to tap into the Lithuanian market.

Latvias Valmiera Emerges As Baltic Ecommerce Hub

Latvias Valmiera Emerges As Baltic Ecommerce Hub

Valmiera, a significant city in northern Latvia, presents new market opportunities for cross-border e-commerce sellers due to its unique geographic location, abundant local products, and economic development potential. The integration of traditional and emerging industries, coupled with consumer interest in overseas goods, makes Valmiera a promising e-commerce landscape ripe for development. This untapped market offers potential for growth and expansion for businesses looking to capitalize on the evolving consumer preferences in Latvia.

Payoneer Adds Indonesian Rupiah Mexican Peso for Crossborder Payments

Payoneer Adds Indonesian Rupiah Mexican Peso for Crossborder Payments

Payoneer has upgraded its payment platform to support local collections in Indonesian Rupiah (IDR) and Mexican Peso (MXN), simplifying cross-border payment processes, reducing transaction costs, and accelerating cash flow. This initiative aims to empower e-commerce businesses to expand into Southeast Asian and Latin American markets, enhancing their competitiveness in the global market. The new feature streamlines receiving payments in local currencies, making it easier for businesses to operate and grow internationally.

Amazon to Phase Out Shared Inventory for Sellers by 2026

Amazon to Phase Out Shared Inventory for Sellers by 2026

Amazon will officially terminate the 'Shared Inventory' feature on March 31, 2026, implementing a new principle of 'whoever's goods, whoever's responsible.' Brand sellers can directly use manufacturer barcodes for inbound shipments, while resellers/piggybackers must affix FNSKU labels. Amazon will discontinue FBA preparation and labeling services, promoting brand development and standardization for sellers. Sellers need to re-evaluate their business models and establish or optimize labeling and packaging processes to gain a competitive advantage.

OZON Emerges As Key Player in Russias Ecommerce Market

OZON Emerges As Key Player in Russias Ecommerce Market

This article provides an in-depth analysis of the opportunities and potential challenges offered by the Russian OZON e-commerce platform for new sellers looking to enter the market. It covers aspects such as the advantages of joining, logistical pitfalls, pricing strategies, product compliance, advertising risks, limitations of the store group model, and linguistic and cultural differences. The aim is to help sellers avoid risks, successfully launch, and effectively operate their OZON store.

China Boosts Crossborder Ecommerce Amid Trade Pressures

China Boosts Crossborder Ecommerce Amid Trade Pressures

The Ministry of Commerce, in conjunction with China Export & Credit Insurance Corporation (SINOSURE), issued a notice to increase support for foreign trade enterprises, especially new business forms like cross-border e-commerce. This support includes policy measures, data connection, and information sharing, aiming to help companies maintain stable development and cope with challenges such as the unstable global economic recovery. The goal is to ensure that foreign trade operates within a reasonable range.

Chinese Mobile Games Thrive Overseas Redefining Market Strategies

Chinese Mobile Games Thrive Overseas Redefining Market Strategies

This article, from the perspective of Grand View Capital, provides an in-depth analysis of the current situation, opportunities, and challenges of overseas game publishing. It explores the valuation logic of mobile games with monthly revenue of one million, and the new direction of overseas game publishing. The article emphasizes the importance of game selection, monetization, and team building, and looks forward to the future trends and opportunities of overseas game publishing.

Vietnams Vietcombank Adopts New SWIFT Code for Global Transfers note The Original Article Title Appears to Reference JOINT STOCK COMMERCIAL VICTORIABANK but vietcombank vietnam Joint Stock Commercial Bank for Industry and Trade Is a More Rec

Vietnams Vietcombank Adopts New SWIFT Code for Global Transfers note The Original Article Title Appears to Reference JOINT STOCK COMMERCIAL VICTORIABANK but vietcombank vietnam Joint Stock Commercial Bank for Industry and Trade Is a More Rec

This article introduces the SWIFT/BIC code VICBMD2XXXX of JOINT-STOCK COMMERCIAL VICTORIABANK, detailing its components and significance. Understanding this code helps users ensure the security and efficiency of funds during international transfers.