Hong Kong to Rename Virtual Banks As Licensed Digital Banks

Hong Kong to Rename Virtual Banks As Licensed Digital Banks

The Hong Kong Monetary Authority (HKMA) plans to rename "Virtual Banks" to "Licensed Digital Banks" to eliminate public misconceptions about the term "virtual" and enhance trust. This move aims to further promote the development of digital banking in Hong Kong and align with international trends. Currently, digital banks in Hong Kong have 2.2 million customers and deposits of HK$37 billion. The rebranding reflects the growing maturity and acceptance of digital banking services in the region, signaling a commitment to innovation and financial inclusion.

02/12/2026 International Settlement
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Maritime Industry Adapts to Postpandemic new Normal

Maritime Industry Adapts to Postpandemic new Normal

This paper delves into the challenges and opportunities facing the current maritime industry, focusing on the impact of factors such as weak demand, overcapacity, and policy risks on the market. Through the perspective of the Chief Operating Officer of the South Carolina Ports Authority, it explores how shipping companies and ports can respond to change and embrace the future through excellent service, innovative technologies, and infrastructure development. The analysis highlights strategies for navigating market volatility and ensuring long-term sustainability in the evolving global trade landscape.

02/12/2026 Logistics
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Barbara Melvin Leads Innovation in South Carolina Ports Ocean Shipping

Barbara Melvin Leads Innovation in South Carolina Ports Ocean Shipping

An interview with Barbara Melvin, COO of the South Carolina Ports Authority, in *Logistics Management* magazine discusses the evolution of the ocean shipping industry. Melvin shares insights on port operations, intermodal transportation, and the Charleston Harbor deepening project. She emphasizes addressing supply chain challenges, sustainable development, and the importance of women in leadership. SCPA is committed to technological innovation and talent development to build an efficient logistics network and facilitate international trade. The port's strategic investments aim to enhance capacity and improve overall supply chain resilience.

02/12/2026 Logistics Industry Insights
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Aidriven GEO Transforms Ecommerce SEO Strategies

Aidriven GEO Transforms Ecommerce SEO Strategies

The rise of AI search is transforming traffic acquisition for cross-border e-commerce websites. GEO (Generative Engine Optimization) emerges, not to replace SEO, but to upgrade it, emphasizing brand credibility and recommendation value within AI. Cross-border sellers should seize opportunities in AI recommendation pools, trust assets, and content compounding to reduce platform dependence and embrace the GEO era. This involves focusing on building authority and creating content that AI algorithms favor for recommendations, ultimately driving organic traffic and reducing reliance on traditional SEO tactics.

02/02/2026 Logistics Industry Insights
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Lesotho Enhances Tax Efficiency with Wcobacked Training

Lesotho Enhances Tax Efficiency with Wcobacked Training

The Lesotho Revenue Authority, with the support of the World Customs Organization (WCO), successfully held a workshop on "Competency-Based Human Resource Management" through the "Human Resource Management Competency Building - WCO-UNCTAD Cooperation Project." This initiative aimed to enhance the professional skills of the human capital management team and representatives from various departments. The goal is to build a scientific and rational human resource management system, create an efficient and ethical tax workforce, and provide a solid guarantee for the economic and social development of Lesotho.

02/02/2026 Customs Knowledge
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Zimbabwe Enhances Customs Oversight with WCO Assistance

Zimbabwe Enhances Customs Oversight with WCO Assistance

The World Customs Organization (WCO) supported the Zimbabwe Revenue Authority (ZIMRA) in enhancing its capabilities to effectively implement the Trade Facilitation Agreement by hosting a customs project management training workshop in Zimbabwe. This training aimed to strengthen ZIMRA's capacity in project management and human resources to address trade facilitation challenges and promote economic development in Zimbabwe. The initiative also serves as a model for other developing countries. The workshop focused on practical skills and knowledge transfer to improve ZIMRA's efficiency and effectiveness in customs operations.

02/03/2026 Customs Knowledge
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Malawis Customs Talent Strategy Wins World Praise

Malawis Customs Talent Strategy Wins World Praise

The World Customs Organization (WCO) successfully assessed the talent development foundation of the Malawi Revenue Authority (MRA), aiming to help build a stronger human resource system to address the challenges posed by the WTO Trade Facilitation Agreement. The assessment covered key areas such as strategic orientation, capacity building, and training systems. A national e-learning platform was also launched to support the MRA in enhancing customs professional capabilities. This initiative is crucial for Malawi to effectively implement trade facilitation measures and improve its overall customs efficiency.

02/03/2026 Customs Knowledge
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Gambia Advances Tax Reform with WCO to Boost West African Standards

Gambia Advances Tax Reform with WCO to Boost West African Standards

With the support of the WCO, the Gambia Revenue Authority (GRA) has initiated strategic management reforms aimed at enhancing organizational project management capabilities and strategic monitoring and evaluation frameworks. This collaboration aims to position the GRA as a strategic management role model in West Africa, ultimately increasing fiscal revenue and promoting economic development. The reforms focus on building internal capacity and establishing robust mechanisms for tracking progress and ensuring accountability in achieving strategic objectives. The expected outcome is a more efficient and effective revenue collection system.

02/03/2026 Customs Knowledge
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Malicks the Tree of Life Explores Existence and Cosmos

Malicks the Tree of Life Explores Existence and Cosmos

"The Tree of Life" is a film exploring the meaning of life, interweaving micro-level family life with macro-level cosmic imagery. It showcases the conflict between paternal authority and maternal love, as well as the origin and evolution of the universe. Through the protagonist Jack's growth, the film explores themes of love, forgiveness, and redemption, prompting viewers to deeply contemplate their own existence. It's a profound meditation on life, death, and the search for meaning within the vastness of the cosmos and the intimacy of family.

02/03/2026 Logistics Encyclopedia
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Amazon Sellers Boost Growth with Organic and Paid Traffic Synergy

Amazon Sellers Boost Growth with Organic and Paid Traffic Synergy

Successful Amazon advertising strategies rely not only on paid promotion but also on the synergy between organic search and paid ads. By optimizing keywords through data analysis, we can improve organic rankings, reduce dependence on advertising, and build a solid foundation for traffic. This ultimately leads to sustainable brand growth on Amazon, creating a balanced approach that leverages both paid and unpaid channels for optimal visibility and long-term success. Focusing on organic search strengthens brand authority and reduces reliance on costly advertising campaigns.

12/31/2025 Logistics Industry Insights
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