Gambia Revenue Authority Adopts New Project Management System

Gambia Revenue Authority Adopts New Project Management System

The Gambia Revenue Authority, with WCO support, developed a project management methodology to improve project efficiency, standardize processes, reduce risks, and optimize resource allocation. This initiative aims to enhance the Authority's ability to effectively manage and deliver projects related to tax reform and revenue collection. By implementing a structured approach, the GRA seeks to improve accountability, transparency, and ultimately, its overall performance in achieving its strategic objectives. The project management framework will also facilitate better coordination and communication among different departments and stakeholders.

01/07/2026 Customs Knowledge
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Cambodia Faces Currency Challenges As Cashew Exports Grow

Cambodia Faces Currency Challenges As Cashew Exports Grow

Cambodia's foreign trade is diversifying by the end of 2025, with cashew exports expanding to the Middle East and growth in wire and cable exports. E-commerce taxation is becoming stricter, driving market expansion. However, the country faces challenges such as exchange rate fluctuations. The diversification efforts aim to reduce reliance on traditional markets and products, while the e-commerce tax aims to increase government revenue. Navigating the volatile exchange rates will be crucial for maintaining competitiveness and stability in the Cambodian economy.

12/31/2025 Exchange Rate Query
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WCO Helps Togo Increase Revenue by Tightening Customs Controls

WCO Helps Togo Increase Revenue by Tightening Customs Controls

The World Customs Organization (WCO) completed a three-phase capacity building assistance program for Togo Customs, aimed at helping the Togolese Revenue Office (OTR) reclaim outsourced customs valuation functions and enhance its valuation capabilities. The program, through diagnostic assessments, expert training, and the establishment of an electronic database, helped Togo Customs close tax loopholes and increase fiscal revenue, providing stronger financial support for national development. The initiative strengthened Togo's ability to accurately assess customs duties and improve overall customs administration.

01/20/2026 Customs Knowledge
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Asiapacific Adopts WCO Framework for Ecommerce Customs

Asiapacific Adopts WCO Framework for Ecommerce Customs

The WCO Asia-Pacific Regional E-commerce Seminar focused on the implementation of cross-border e-commerce standards frameworks. Key areas discussed included advance electronic data, data exchange, tax collection, AEO extensions, and technological applications. Participants actively engaged in addressing the challenges posed by the pandemic-accelerated e-commerce transformation. The aim is to build a secure and efficient new e-commerce ecosystem in the Asia-Pacific region by fostering collaboration and addressing emerging issues related to cross-border trade and customs procedures.

01/19/2026 Customs Knowledge
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Asiapacific Nations Unite on Ecommerce Rules During Pandemic

Asiapacific Nations Unite on Ecommerce Rules During Pandemic

The World Customs Organization (WCO) held an online workshop for Asia-Pacific members, focusing on the effective implementation of the E-Commerce Framework of Standards (E-Commerce FoS) to address challenges arising from the pandemic-accelerated growth of e-commerce. The meeting covered topics such as advance electronic data, data exchange, tax collection, cooperation & coordination, and technology applications. The aim was to promote trade facilitation, ensure effective customs control and revenue collection, and foster the healthy development of cross-border e-commerce.

01/19/2026 Customs Knowledge
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Global Firms Face Challenges in International Expansion

Global Firms Face Challenges in International Expansion

InCorp provides one-stop overseas investment solutions, covering company registration, tax & accounting services, and market entry research. Leveraging a global service network and professional team, InCorp assists companies in expanding into overseas markets and provides comprehensive support for foreign companies investing in China. We offer expertise in navigating complex regulatory landscapes and ensuring compliance, enabling businesses to achieve their international growth objectives efficiently and effectively. Our services are tailored to meet the specific needs of each client, providing a seamless and reliable experience.

01/21/2026 International Settlement
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CBP Alerts Importers to New Tariff Rules on Transshipment

CBP Alerts Importers to New Tariff Rules on Transshipment

CBP's updated policy on mother port transshipment specifies that certain goods must be shipped by specific deadlines to qualify for in-transit exemptions and a 10% countervailing duty. This change may result in higher tariffs and retroactive fees for many importers, necessitating careful handling of related declarations.

05/20/2025 Customs Knowledge
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Aviation Industry Faces Hurdles in Scaling Sustainable Fuel

Aviation Industry Faces Hurdles in Scaling Sustainable Fuel

This discussion addresses the challenges faced by Sustainable Aviation Fuel (SAF) in the aviation industry, including pricing, supply chain issues, and environmental benefits. Industry experts believe that through policy support and technological innovation, SAF could achieve widespread adoption, contributing to the green transformation of the aviation sector.

08/07/2025 Logistics
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MDL to USD Exchange Rate Fluctuations Stir Economic Concerns

MDL to USD Exchange Rate Fluctuations Stir Economic Concerns

This article analyzes the exchange rate fluctuations between the Moldovan Leu (MDL) and the US Dollar (USD), exploring various factors that influence the exchange rate, including economic conditions, policy changes, and market demand. It emphasizes the importance of managing exchange rate risks and making informed investment decisions.

08/11/2025 Exchange Rate Query
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