New Customs Rules Affect Licensing Fees Royalties

New Customs Rules Affect Licensing Fees Royalties

The World Customs Organization (WCO) has released new Advisory Opinion 4.19 on customs valuation, addressing the complex valuation issues related to royalties and license fees under Article 8.1(c) of the Customs Valuation Agreement. This opinion clarifies the valuation principles for single royalties encompassing both patents and trademarks. It assists businesses in accurately calculating import costs, reducing valuation disputes, and promoting the healthy development of international trade. This guidance aims to provide clarity and consistency in the application of customs valuation rules related to intellectual property rights.

01/26/2026 Customs Knowledge
Read More
Cambodias Public Bank SWIFT Codes Ease Global Transfers

Cambodias Public Bank SWIFT Codes Ease Global Transfers

This article provides a detailed explanation of the SWIFT/BIC code CPBLKHPPXXX for Cambodian Public Bank, outlining its purpose, applicable scenarios, and offering information about the bank's headquarters along with helpful remittance tips. It emphasizes the importance of verifying the code to ensure accuracy and efficiency in international money transfers. The aim is to assist readers in conducting international remittances more precisely and effectively.

09/03/2025 International Settlement
Read More
Xian Workshop Aims to Ease Public Speaking Anxiety

Xian Workshop Aims to Ease Public Speaking Anxiety

This Xi'an public speaking workshop aims to help professionals overcome expression challenges and enhance communication skills. The course focuses on issues such as unclear logic and stage fright. Through practical exercises, participants will learn to build a clear expression framework, boost confidence, and master effective communication techniques. Ultimately, it aims to enhance personal charisma and professional competitiveness. Limited spots available, advance booking is required.

01/15/2026 Customs Knowledge
Read More
Energyefficient Lighting Retrofits Cut Carbon in Public Buildings

Energyefficient Lighting Retrofits Cut Carbon in Public Buildings

Energy-saving lighting retrofits in public buildings are poised to unlock a trillion-dollar market opportunity. Supported by favorable policies, upgrades to lighting systems can benefit from carbon trading, transforming smart lighting from a “cost center” into a “value engine.” Lighting companies, building owners, and energy service companies are presented with significant growth opportunities. High-efficiency G-LEDs are emerging as a crucial technology for energy conservation and carbon reduction, driving sustainable development within the sector.

01/15/2026 Logistics Industry Insights
Read More
Tencent Launches AI Platform for Wechat Public Accounts

Tencent Launches AI Platform for Wechat Public Accounts

Tencent Yuanqi is a one-stop AI agent creation platform launched by Tencent, based on the Hunyuan large model. It supports zero-code construction of exclusive AI assistants. By importing materials such as WeChat official account articles to build a knowledge base, it enables intelligent Q&A and improves operational efficiency. The platform is available for free, providing an ideal choice for small and medium-sized teams and individual creators to quickly implement AI applications.

01/23/2026 Logistics Industry Insights
Read More
Wenzhou Workshop Helps Locals Overcome Public Speaking Fears

Wenzhou Workshop Helps Locals Overcome Public Speaking Fears

Wenzhou Public Speaking and Elocution Training Camp offers offline experiential courses designed to help participants overcome communication barriers and boost their confidence. The curriculum combines theory and practice, covering core modules such as overcoming fear, language organization, communication techniques, improvisation, and body language. Limited spots are available, and advance reservation is required.

01/30/2026 Logistics Encyclopedia
Read More
Trump Administration Probes Foreign Influence on US Food Supply Chain

Trump Administration Probes Foreign Influence on US Food Supply Chain

The Trump administration initiated an investigation into price manipulation within the US food supply chain, focusing on key sectors like meat processing, seeds, fertilizers, and equipment, as well as the potential impact of foreign companies. This action aims to address rising food prices, maintain fair market competition, and protect consumer interests. The investigation's findings may reshape the US food industry landscape, prompting the government to strengthen regulations and improve relevant laws. The goal is to ensure a stable and competitive food market for American consumers.

01/08/2026 Logistics Industry Insights
Read More
Logistics Experts Warn of Peak Season Challenges Amid Amazons Influence

Logistics Experts Warn of Peak Season Challenges Amid Amazons Influence

Transportation Insight's John Haber provides insights into key trends in the peak season parcel market on a podcast, covering rate pricing, service levels, and the impact of Amazon Logistics. He emphasizes the importance of refined management and enhanced customer experience for businesses. He stresses proactively addressing market shifts to optimize supply chains and gain a competitive edge. Companies should focus on strategies to navigate the complexities of peak season and improve overall performance in the face of increasing demand and evolving industry dynamics.

01/26/2026 Logistics Industry Insights
Read More
Public Bank Malaysia SWIFT Codes Guide for Global Transfers

Public Bank Malaysia SWIFT Codes Guide for Global Transfers

This article provides a detailed explanation of Public Bank Berhad's SWIFT codes in Malaysia, offering a guide to cross-border remittances. It covers the appropriate use cases and methods for finding the SWIFT codes for the head office and branches. The guide also includes important considerations and solutions to common problems encountered during international transfers. The aim is to assist users in avoiding remittance errors and ensuring the secure and efficient arrival of funds into the recipient's account.

09/03/2025 International Settlement
Read More
Kuwait Announces 2026 Public Holidays for Business Travel Planning

Kuwait Announces 2026 Public Holidays for Business Travel Planning

This article details Kuwait's important holidays in 2026, including New Year's Day, Isra and Mi'raj, National Day, Liberation Day, Eid al-Fitr, Eid al-Adha, Islamic New Year, and Prophet's Birthday. It provides a detailed introduction to the background, celebrations, and precautions for each holiday, offering practical reference information for those traveling to Kuwait for tourism or business. This guide helps travelers understand local customs and plan their trips accordingly, ensuring a smooth and respectful experience during these significant cultural events.

01/23/2026 Logistics Encyclopedia
Read More