Uzbekistan Boosts Customs Audits with International Support

Uzbekistan Boosts Customs Audits with International Support

Uzbekistan Customs is actively building a post-clearance audit system within the World Customs Organization framework, drawing on international experience to enhance regulatory efficiency and improve the business environment. Through virtual study exchanges with German Customs, they are learning advanced methods and technologies. With recommendations from WCO experts, Uzbekistan Customs has made significant strides in building its post-clearance audit capabilities, injecting new momentum into trade facilitation in Central Asia. This progress contributes to a more efficient and transparent trade environment in the region.

Mirxes Raises 90M to Expand Cancer Early Detection Globally

Mirxes Raises 90M to Expand Cancer Early Detection Globally

Mirxes secured over HKD 700 million in financing eight months after its IPO, with a placement price nearly 40% above the issue price, demonstrating investor confidence in its early screening technology. The funds will be used for R&D, commercialization, and global expansion. As a leading early screening company in Asia, Mirxes boasts a diverse product pipeline and AI partnerships, positioning it for further breakthroughs in precision medicine. Amidst tightening IPO regulations in Hong Kong, its compliance and growth potential make it a scarce and valuable asset.

East Coast Port Strike Threatens Supply Chains Retailers Seek White House Aid

East Coast Port Strike Threatens Supply Chains Retailers Seek White House Aid

The National Retail Federation (NRF), along with 177 industry associations, has sent a letter to the White House urging government intervention in the labor negotiations between the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX). They are seeking to avert a potential port strike on October 1st, emphasizing the devastating economic impact it would have. The letter highlights the urgency of the situation and implores retailers to proactively address supply chain risks in anticipation of potential disruptions. The NRF underscores the need for a swift resolution to avoid further exacerbating existing supply chain vulnerabilities.

DHL Expands EV Logistics in Asiapacific with New Hub

DHL Expands EV Logistics in Asiapacific with New Hub

DHL Group has established an Electric Vehicle (EV) Center of Excellence in Asia Pacific to strengthen its end-to-end EV logistics and supply chain solutions, addressing the rapidly growing Asian EV market. These centers offer comprehensive services ranging from capital equipment to aftermarket logistics, connecting to a global network to tackle industry challenges like battery recycling. DHL views the new energy sector as a key area for future growth, investing in infrastructure and expertise to support the expanding EV ecosystem across the region and globally. The focus is on providing sustainable and efficient solutions.

11/03/2025 Logistics
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Fedex Boosts Asiapacific Ecommerce with Australia NZ Upgrades

Fedex Boosts Asiapacific Ecommerce with Australia NZ Upgrades

FedEx expands its International Connect Plus (FICP) service to Australia and New Zealand, aiming to enhance the international competitiveness of e-commerce businesses in both countries. FICP, a day-definite international shipping service, will provide local SMEs with faster and more efficient cross-border logistics solutions, helping them seize the significant growth opportunities in the Asia-Pacific e-commerce market. This expansion offers improved transit times and reliability for shipments between these regions and key global markets, benefiting businesses seeking to expand their reach and improve customer satisfaction.

11/03/2025 Logistics
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Dongguan Launches Trial Operation of China-europe Railway Express (guangdong-manzhouli-russia): Opening a New Logistics Channel

Dongguan Launches Trial Operation of China-europe Railway Express (guangdong-manzhouli-russia): Opening a New Logistics Channel

On September 25, 2023, the Dongguan Shilong officially launched the trial operation of the China-Europe Railway (Guangdong-Manzhouli-Russia), marking the opening of this international logistics channel. The train is expected to cover over 11,000 kilometers in just 15 days, linking trade between China and Russia. Since its operations began in 2013, the Shilong Logistics Center has continuously provided efficient logistical services for trade with Central Asia and Central Europe. The launch of this route will enhance the construction of the Sino-Russian trade industrial park and promote regional economic development.

09/26/2023 Logistics
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Yingkou Port: Supporting the Belt and Road Strategy, Creating a New Landscape for Container Transportation

Yingkou Port: Supporting the Belt and Road Strategy, Creating a New Landscape for Container Transportation

Yingkou Port actively participates in the Belt and Road initiative, with a 4% increase in throughput in the first three quarters. Both foreign trade and container volumes have significantly risen, and new international trains to Europe have been launched, establishing a sea-rail intermodal network that enhances its role as a key transit hub in Northeast Asia. Domestic trade routes cover over 30 ports with 420 flights, promoting the port's digital transformation and integration into cross-border e-commerce. Yingkou Port demonstrates great development potential, contributing to regional economic growth.

11/21/2023 Logistics
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The Changing Landscape of Air Travel Through the Arctic Route

The Changing Landscape of Air Travel Through the Arctic Route

The Arctic Route refers to the airways that fly over the North Pole or the Arctic Circle, connecting Asia, Europe, and Africa. Due to the Earth's spherical shape, this route offers the shortest flight path. Flights from China to North America via the Arctic significantly reduce travel distance and time, decrease fuel consumption and emissions, and enhance passenger experience. Flights are required to obtain overflight permits from Russia and Canada. In recent years, an increasing number of airlines have launched services on this route, indicating its rising importance.

Temu Adjusts Ad Strategy As Ecommerce Sellers Adapt

Temu Adjusts Ad Strategy As Ecommerce Sellers Adapt

Temu is adjusting its global strategic layout, shifting its traffic investment budget towards emerging markets like Europe, Asia, and the Middle East. Sellers should avoid direct competition in the US and European markets and instead focus on these new opportunities. Strategies include using the fully managed model for product testing and the semi-managed model for profit generation. Data-driven, refined operations are crucial. Sellers should also closely monitor platform policy changes and market trends to adapt their business strategies accordingly and achieve business growth in the new market environment.

WCO Chief Praises Uzbekistans Growing Trade Prospects

WCO Chief Praises Uzbekistans Growing Trade Prospects

In 2010, the WCO Secretary-General visited Uzbekistan, meeting with the President to focus on regional customs cooperation and economic development. As a double-landlocked country, Uzbekistan faces unique challenges but remains committed to trade liberalization, emphasizing the importance of the private sector and education. The WCO pledged its support, highlighting the role of customs in facilitating trade. A Memorandum of Understanding was signed with the Asian Development Bank (ADB) to jointly promote regional economic development. The visit underscored the importance of customs cooperation in fostering economic growth in Central Asia.