WCO Urges Modernization to Boost Sri Lankas Economy

WCO Urges Modernization to Boost Sri Lankas Economy

WCO Secretary General Kunio Mikuriya's speech at the Postgraduate Institute of Management, Sri Lanka, highlighted the importance of knowledge, communication, and integrity, exploring the role of customs modernization in post-conflict economic reconstruction. Through the Master of Customs Administration program, research seminars, and meetings with government officials and business representatives, the Secretary General emphasized the crucial role of knowledge-driven approaches, public-private partnerships, and international cooperation in building an efficient trade environment. These elements are vital for fostering economic growth and stability in the region.

Amazon Sellers Struggle As Funding Dries Up

Amazon Sellers Struggle As Funding Dries Up

The Amazon brand acquisition frenzy is cooling down, with funding plummeting by over 80%, leaving the industry facing internal and external challenges. Acquirers are transforming to survive, urging sellers to choose partners cautiously. The industry is undergoing a rational return and value reconstruction, emphasizing operations, brand building, and diversified channel expansion in the future. The focus shifts from rapid acquisition to sustainable growth and long-term brand value creation. Sellers need to carefully evaluate potential acquirers based on their operational capabilities and commitment to brand development.

Comprehensive Analysis of Shipping Surcharges

Comprehensive Analysis of Shipping Surcharges

This article explores various surcharges in the shipping process, including fuel surcharges and currency depreciation surcharges. These additional fees vary based on market conditions, port status, and cargo characteristics. Understanding their definitions and background aids in optimizing shipping costs and decision-making.