Banks Boost Loss Management to Maximize Asset Value

Banks Boost Loss Management to Maximize Asset Value

This article explores how to effectively manage damaged goods in warehousing by establishing standardized processes and strategic disposal to maximize asset value. It aims to transform the traditional perception of damage from a consumption perspective to a value-creating approach.

07/31/2025 Warehousing
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WCO Workshop Enhances Panama Customs Valuation Practices

WCO Workshop Enhances Panama Customs Valuation Practices

With the support of the China Customs Cooperation Fund, the World Customs Organization (WCO) held a virtual workshop on customs valuation for Panama Customs, aiming to enhance its capacity to implement the WTO Agreement on Customs Valuation. The workshop covered key concepts, latest developments, and post-clearance audit applications of the Agreement. Through a combination of theory and practice, it improved participants' skills in document review, customs clearance, and risk management. The WCO will continue to deepen cooperation to support global customs capacity building and promote trade prosperity.