Payoneer Adds Indonesian Rupiah Mexican Peso for Crossborder Payments

Payoneer Adds Indonesian Rupiah Mexican Peso for Crossborder Payments

Payoneer has upgraded its payment platform to support local collections in Indonesian Rupiah (IDR) and Mexican Peso (MXN), simplifying cross-border payment processes, reducing transaction costs, and accelerating cash flow. This initiative aims to empower e-commerce businesses to expand into Southeast Asian and Latin American markets, enhancing their competitiveness in the global market. The new feature streamlines receiving payments in local currencies, making it easier for businesses to operate and grow internationally.

02/12/2026 International Settlement
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Lazada Masan Launch O2O Retail Push in Vietnam

Lazada Masan Launch O2O Retail Push in Vietnam

Lazada partners with Vietnam's Masan Group to integrate offline retail resources, address e-commerce challenges, expand user base, and seize opportunities in the Vietnamese e-commerce market. This collaboration marks a significant step for Lazada in building an omnichannel retail ecosystem and potentially offers new insights for the Southeast Asian e-commerce landscape. By leveraging Masan's established retail network, Lazada aims to enhance its reach and customer experience in a rapidly growing market.

01/07/2026 Logistics Industry Insights
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Philippines Launches Blockchain Hub to Boost Fintech Growth

Philippines Launches Blockchain Hub to Boost Fintech Growth

The Philippines has launched its first blockchain space, a joint venture between UnionSPACE and SCI. This initiative aims to unite Southeast Asian fintech companies through collaborative events, offering co-working spaces, networking opportunities, training, and consulting services. The goal is to help the Philippines become a regional hub for fintech innovation. This launch emphasizes continuous learning and promotion to fully unlock the potential of blockchain technology within the country and the broader region.

01/19/2026 Logistics Industry Insights
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Vale Predicts Global Seaborne Iron Ore Demand Will Reach 1.4 Billion Tons Next Year

Vale Predicts Global Seaborne Iron Ore Demand Will Reach 1.4 Billion Tons Next Year

Vale predicts that global seaborne iron ore demand will reach 1.35 to 1.4 billion tons this year, as future new supply is limited, with prices expected around $50 per ton. Recently, due to declining steel demand in China, spot iron ore prices have fallen below $40, reaching a ten-year low. Despite pressure on global iron ore supply, increasing demand outside of China may offset this. Additionally, the reduction in new supply is one of the key factors.

12/30/2023 Logistics
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Qantas Freight Launches Direct Sydneyshanghai Cargo Route

Qantas Freight Launches Direct Sydneyshanghai Cargo Route

Australian air freight company announces a new direct cargo route from Sydney to Shanghai, enhancing international freight capabilities in the Asia-Pacific region. The route will operate twice weekly using Airbus A330-200 freighters, offering customers more flexible shipping solutions and expanding its influence in the neutral air freight market.

06/24/2025 Logistics
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Oakland Port A Hub Connecting Global Trade on the West Coast

Oakland Port A Hub Connecting Global Trade on the West Coast

Oakland Port is a key container terminal on the U.S. West Coast, strategically located and equipped with modern facilities. Over years of development, it has become a critical hub connecting North America with Asia-Pacific trade, dedicated to meeting intermodal transport needs and continually playing an important role in global trade.

07/24/2025 Port Encyclopedia
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Port Of Vancouver A Trade Hub On Canadas West Coast

Port Of Vancouver A Trade Hub On Canadas West Coast

Vancouver Port is a major commercial port on Canada's west coast, providing deep-water freight facilities and being the busiest export gateway for international trade in North America, handling 75% of its total throughput in bulk cargo. Its advantageous geographical location connects North America with Asia, promoting local economic development.

07/24/2025 Port Encyclopedia
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Future Shipping Network: Reshaping East-west Trade Dynamics

Future Shipping Network: Reshaping East-west Trade Dynamics

The East-West Shipping Network Initiative aims to enhance the reliability and efficiency of global trade transportation by reducing the number of ports along major shipping routes, optimizing shipping services, and introducing flexible regional shipping lines. Set to officially operate in February 2025, the initiative will effectively strengthen the resilience and responsiveness of supply chains.

01/30/2025 Logistics
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Transformative Potential of Blockchain in the Logistics Industry

Transformative Potential of Blockchain in the Logistics Industry

This article explores how blockchain technology enhances the transparency and efficiency of the logistics industry through a decentralized digital ledger. Despite its immense potential in the market, blockchain is still in the early stages of development with limited practical applications. While it garners interest from academia and the innovation sector, participation from the business realm remains insufficient. To drive large-scale adoption, more business-related cases are needed to promote the transformation and growth of the logistics sector.

07/22/2025 Logistics
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