Global Trade Experts Gather at WCO Academy in Brussels

Global Trade Experts Gather at WCO Academy in Brussels

The 3rd WCO Knowledge Academy successfully took place in Brussels, gathering 155 customs and trade professionals from 50 countries. The two-week intensive training covered traditional customs topics, trade facilitation, security frameworks, and featured a special “Women in Leadership” workshop. The WCO Secretary General personally presented certificates, recognizing the participants' achievements. The Knowledge Academy promoted international exchange and cooperation in the field of customs and trade, contributing to global trade development.

12/30/2025 Customs Knowledge
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Iran Boosts Trade Efficiency with Wcobacked HS Code Reform

Iran Boosts Trade Efficiency with Wcobacked HS Code Reform

Iran, with the support of the World Customs Organization (WCO), held a national workshop focusing on the application and optimization of the Harmonized System (HS) Code. This initiative aims to enhance the professional skills of customs officials, optimize classification methods, and promote trade development. This will lead to faster customs clearance, lower trade costs, and clearer trade regulations for businesses, helping Iran play a greater role in the global trade arena.

01/20/2026 Customs Knowledge
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Guide to Using DBSPOSB SWIFT Codes for International Transfers

Guide to Using DBSPOSB SWIFT Codes for International Transfers

This article analyzes the SWIFT code of DBS Bank (formerly POSB) in Singapore, emphasizing its crucial role in cross-border remittances. It provides guidance on how to find and use the SWIFT code effectively, ensuring the safe and swift arrival of funds. Understanding the correct SWIFT code is essential for international money transfers involving DBS Bank, preventing delays and potential complications. The article aims to equip users with the knowledge needed for seamless and secure international transactions with DBS Bank.

09/03/2025 International Settlement
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Global Shipping Giants Merger Reshapes Market Landscape

Global Shipping Giants Merger Reshapes Market Landscape

The global shipping industry is undergoing significant mergers and restructuring. Following the merger of China Ocean Shipping and China Shipping, it has become the world's fourth-largest container shipping company. Meanwhile, the CMA CGM Group is also seeking to acquire Neptune Orient Lines in Singapore. The mergers of several shipping companies will reshape the current alliances and impact market competitiveness. Despite the challenging market conditions, shipping companies face pressures from overcapacity and declining demand, necessitating proactive measures to address future challenges.

07/18/2025 Logistics Industry Insights
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SE Asia Ecommerce Shifts Shopee Fees SIM Rules Vietnam Regulations

SE Asia Ecommerce Shifts Shopee Fees SIM Rules Vietnam Regulations

This article focuses on Shopee's Singapore shipping fee adjustments, the Philippines' SIM card registration deadline, and new e-commerce regulations in Vietnam. It provides an in-depth analysis of how these policy changes impact cross-border e-commerce sellers. The article also offers practical advice and strategies to help sellers adapt their approaches, mitigate risks, and ultimately achieve success in the Southeast Asian market. By understanding these changes, sellers can proactively adjust their strategies and navigate the evolving e-commerce landscape effectively.

01/07/2026 Logistics
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Southeast Asias Ecommerce Faces Disruption with Plugos D2C Push

Southeast Asias Ecommerce Faces Disruption with Plugos D2C Push

Singapore-based eCommerce SaaS platform Plugo has raised $9 million in Series A funding to help D2C brands build independent online stores in Southeast Asia, aiming to challenge Shopify. Plugo will initially launch in Indonesia before expanding across Southeast Asia. The platform provides tools and infrastructure for brands to create and manage their own online presence, offering an alternative to relying solely on marketplaces or existing eCommerce platforms. This funding will accelerate Plugo's growth and product development in the region.

01/06/2026 Logistics Industry Insights
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Global Aviation Leaders to Shape Data Strategy at IATA Summit 2026

Global Aviation Leaders to Shape Data Strategy at IATA Summit 2026

The International Air Transport Association (IATA) will host the World Data Summit (WDS) in Singapore in 2026, focusing on data, technology, and cybersecurity in the aviation industry. The summit will bring together industry leaders to discuss key issues such as data strategy, artificial intelligence, cybersecurity, and data sharing. It aims to promote the digital transformation of the aviation industry, improve operational efficiency, and enhance passenger experience. Data analysts can leverage this opportunity to understand industry trends, build connections, and drive innovation.

01/08/2026 Logistics Industry Insights
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Beijing Air Export: Key Customs Documentation for General Trade

Beijing Air Export: Key Customs Documentation for General Trade

This article details the key considerations for air freight customs clearance in general trade in Beijing, including required documents, invoice considerations, and important points for filling out customs declaration forms. Understanding this information can help businesses ensure smooth customs clearance, reduce trade risks, and promote development in international trade.

07/28/2025 Customs Knowledge
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WCO UNCTAD Aid Ghanas Trade Reforms Under Mercator Program

WCO UNCTAD Aid Ghanas Trade Reforms Under Mercator Program

The WCO and UNCTAD are supporting Ghana in enhancing its trade facilitation capabilities to implement the WTO Trade Facilitation Agreement, improve its trade environment, and promote economic development. Funding support is provided by the UK's HMRC. This initiative aims to streamline customs procedures, reduce trade costs, and boost Ghana's competitiveness in the global market. By strengthening institutional capacity and promoting international cooperation, the project contributes to sustainable economic growth and regional integration.

01/05/2026 Customs Knowledge
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Latin America Adopts Revised Kyoto Convention to Streamline Trade

Latin America Adopts Revised Kyoto Convention to Streamline Trade

The World Customs Organization (WCO) is promoting the Revised Kyoto Convention (RKC) in Brazil, encouraging Latin American countries to join. The WCO emphasizes the RKC's importance for trade facilitation and supply chain security. Joining the RKC can streamline customs procedures, reduce trade costs, and enhance the predictability of international trade. This initiative aims to improve the efficiency and security of trade flows within the region and globally by adopting international standards for customs procedures.

12/30/2025 Customs Knowledge
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