Maersk Opens Largest Southeast Asia Logistics Hub in Philippines

Maersk Opens Largest Southeast Asia Logistics Hub in Philippines

Maersk has opened its largest distribution center in the Philippines, named 'Optimus.' Covering 100,000 square meters, it aims to be a logistics hub for Southern Luzon. Equipped with advanced technology, the center supports multiple industries and is committed to sustainability. Optimus will enhance the Philippines' import and export operations, fostering local economic growth. This strategic investment by Maersk underscores the Philippines' growing importance in the global supply chain and its potential as a key player in Southeast Asian logistics.

11/03/2025 Logistics
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Exploring the Charm and Potential of Zamboanga Port

Exploring the Charm and Potential of Zamboanga Port

Zamboanga Port is a significant international trade hub in southern Philippines with a rich history. The port facilities are continuously improving, featuring deep-water berths that serve as a major export center for products such as copra and timber. With an annual passenger volume exceeding 5.5 million, it connects Southeast Asia to global markets, and its potential for future development is highly anticipated.

07/24/2025 Port Encyclopedia
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East West Bank Philippines SWIFT Codes Essential Guide

East West Bank Philippines SWIFT Codes Essential Guide

This article provides the SWIFT code information for East West Bank in the Philippines. It explains the importance of SWIFT codes, their applicable scenarios, and how to ensure smooth cross-border transfers. It also addresses frequently asked questions, helping readers easily navigate international money transfers. Learn how to use the SWIFT code for East West Bank to send and receive money internationally efficiently and avoid potential delays or errors in your transactions. This guide simplifies the process of international banking with East West Bank.

09/03/2025 International Settlement
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East West Bank Philippines SWIFT Codes Guide for Global Transfers

East West Bank Philippines SWIFT Codes Guide for Global Transfers

This article details the SWIFT code of East West Bank in the Philippines, emphasizing the importance of using the correct SWIFT code for cross-border transfers. It provides practical tips to ensure accurate remittances. The article also explores cost-effective alternatives for international money transfers and how to safely receive funds into an East West Bank account. The aim is to help readers navigate cross-border remittances with ease and avoid unnecessary complications. It offers guidance on sending and receiving money internationally through East West Bank.

09/01/2025 International Settlement
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Uzbekistan Enhances Trade Via WTO Pact with SECOWCO Backing

Uzbekistan Enhances Trade Via WTO Pact with SECOWCO Backing

The SECO-WCO Global Trade Facilitation Programme continues to support Uzbekistan in implementing the WTO's Trade Facilitation Agreement. Through workshops and other initiatives, the program focuses on key areas such as advance rulings, risk management, and cooperation between border agencies. Uzbekistan is actively responding, dedicating efforts to process optimization and capacity building to improve trade efficiency and integrate into the global economy. The country aims to streamline procedures and enhance its capabilities to facilitate smoother and faster trade flows, ultimately boosting its economic competitiveness.

01/05/2026 Customs Knowledge
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Cbps New Regulations Reshape US Tariff Policies Imports

Cbps New Regulations Reshape US Tariff Policies Imports

On May 15, CBP updated the terms regarding reverse tariffs under IEEPA, stating that tariff eligibility is determined by the final loading date of the shipping vessel. Goods loaded after the deadline will no longer qualify for duty exemption or the 10% reverse tariff, increasing the burden on importers. This change necessitates that importers promptly adjust their declarations and strategies to address the challenges posed by the new policy.

05/20/2025 Customs Knowledge
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Global Fishing Gear Trade Faces Shifting Tax Rates

Global Fishing Gear Trade Faces Shifting Tax Rates

This article provides a detailed analysis of the HS code 9507900000, covering product descriptions, export and import tax rates, and the impacts of international trade agreements. It offers practical market insights and strategic recommendations for industry chain participants.

04/06/2025 HS Code Query
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