South Korea Tightens Rules on Overseas Ecommerce Firms

South Korea Tightens Rules on Overseas Ecommerce Firms

South Korea plans to revise the Electronic Commerce Act, requiring cross-border e-commerce platforms like Temu and AliExpress to appoint domestic agents in Korea to address consumer rights issues. The new regulations also cover consumer information protection and advertising standards, aiming to create a safer and more reliable cross-border e-commerce environment for Korean consumers. This may encourage cross-border e-commerce platforms to adopt a more localized approach in their operations within South Korea, enhancing consumer protection and ensuring compliance with local laws.

11/03/2025 Logistics
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Thailands Q4 Ecommerce Surge Driven by Livestream Shopping

Thailands Q4 Ecommerce Surge Driven by Livestream Shopping

Thailand's e-commerce market in Q4 is driven by both seasonal and festive consumption. Live commerce is on the rise, with Generation Y becoming the main consumer group. Categories such as autumn and winter clothing, pet supplies, and school supplies have significant potential. Cross-border e-commerce businesses should seize the opportunity, optimize product structure, and win the year-end shopping season. This period presents a valuable chance to capitalize on evolving consumer preferences and maximize sales in the dynamic Thai e-commerce landscape.

01/06/2026 Logistics Industry Insights
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Standard Chartered Singapore Clarifies SWIFTBIC Code Usage

Standard Chartered Singapore Clarifies SWIFTBIC Code Usage

Understanding the SWIFT/BIC code SCBLSG22EQI for STANDARD CHARTERED BANK (Singapore) is crucial for ensuring safe and efficient international remittances. This article discusses the structure of SWIFT codes, key usage points, and the multiple advantages of choosing Xe for remittances, including better exchange rates, transparent fees, and fast transfer services.

08/13/2025 International Settlement
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Singapore Port Authority Bolsters Global Shipping Security

Singapore Port Authority Bolsters Global Shipping Security

The Maritime and Port Authority of Singapore (MPA) is responsible for regulating and licensing port services, ensuring navigational safety for vessels, and enhancing port efficiency. As a strategic hub for global shipping, MPA plays a significant role in promoting sustainable development and technological innovation to address the increasingly complex international trade landscape.

08/05/2025 Port Encyclopedia
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Stronger Singapore Dollar Opens New Trade Opportunities

Stronger Singapore Dollar Opens New Trade Opportunities

This article explores the currency conversion between the US Dollar and the Singapore Dollar, analyzing the latest dynamics and fluctuations in the exchange rate and their significance for consumers and investors. By focusing on exchange rate changes, readers can effectively make cross-border consumption and investment decisions.

08/10/2025 Exchange Rate Query
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