#asiatrade

Alibaba's Electronic World Trade Program to boost digital trade in China

GTDW FDI Trade & Supply Chain Digitalisation News

Jun 23, 2020
1 min

Alibaba's Electronic World Trade Program to boost digital trade in China

Alibaba Group on Thursday expanded its partnership with Yiwu, a city in China’s Zhejiang province that is home to the world’s largest wholesale market, with plans to digitize a new bonded zone to streamline the flow of cross-border goods in the city as well as provide innovative solutions to help small businesses offset the impact of Covid-19. The comprehensive bonded zone – a classification that offers companies engaged in trade with favorable taxation policies, eased admini

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UNCTAD: China's Trade Facilitation responses to the COVID-19 Pandemic

GTDW FDI Trade & Supply Chain Digitalisation News

Jun 11, 2020
1 min

UNCTAD: China's Trade Facilitation responses to the COVID-19 Pandemic

Written by: Pamela Ugaz and Sijia Sun With the unprecedented global spread of COVID-19 in only one month, the World Health Organization has declared the virus a pandemic. The COVID-19 poses a severe global threat, not only substantially impacting people and public health, but also disrupting global trade. Border agencies face the challenge of expediting imports, including donations and emergency relief while ensuring epidemic prevention and providing adequate Customs clearanc

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Shanghai's foreign capital inflows up 4.1 pct in first four months

GTDW FDI Trade & Supply Chain Digitalisation News

Jun 1, 2020
2 min

Shanghai's foreign capital inflows up 4.1 pct in first four months

Shanghai's foreign capital inflows rose 4.1 percent year on year to about 6.46 billion U.S. dollars in the first four months of 2020, officials said Friday at the Singapore-Shanghai Economic Cooperation Roundtable. A total of 15 regional headquarters of multinational companies and seven foreign-funded R&D centers were established in Shanghai in the Jan.-April period, raising the total numbers to 735 and 468 respectively, according to the Shanghai Municipal Commission of Comme

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Asia FDI & Economic Development Training Series Announced!

GTDW FDI Trade & Supply Chain Digitalisation News

May 28, 2020
2 min

Asia FDI & Economic Development Training Series Announced!

Due to the unparalleled success of Conway’s recent Training Webinars in Latin America, North America & EMEA we will be running our next series dedicated to the Asia Pacific Region in June as part of the Conway-KW Group partnership towards FDI, Trade & Economic Recovery. This series is developed for Investment Promotion Agencies (IPAs), National Development Organisations and Free Trade Zones to educate participants on how best to work effectively to promote their community dur

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DO YOU NEED ASIA TRADE & INVESTMENT SUPPORT?

GTDW FDI Trade & Supply Chain Digitalisation News

Apr 26, 2020
1 min

DO YOU NEED ASIA TRADE & INVESTMENT SUPPORT?

Lead Generation, Virtual Site Tours, Webinars, Sales & Marketing Representation, Training & Development across the APAC region? KW Group have a 10 year track record in market access, trade & investment across the Asia Pacific region from our HQ in Malaysia at the heart of Asia. We understand that to establish in the region you need a long term vision and commitment of the highest quality combined with local networks. We support governments, IPAs, free trade zones, technologie

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Myanmar: Customs Restrictions To Be Eased To Facilitate Trade

GTDW FDI Trade & Supply Chain Digitalisation News

Apr 23, 2020
1 min

Myanmar: Customs Restrictions To Be Eased To Facilitate Trade

The government will reduce trade restrictions and red tape to facilitate the import and export process during the COVID-19 outbreak. Starting April 20, the customs department will reduce customs duties for businesses operating with the Myanmar Automated Cargo Clearance System (MACCS). Paperwork will also be streamlined, with an electronic version of Form D for preferential tariff treatment in Asean to be issued to simplify procedures between all the Asean countries. VIEW ART

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Australia Border Force Launches Advisory Board on Customs & Border Modernisation

GTDW FDI Trade & Supply Chain Digitalisation News

Mar 4, 2020
2 min

Australia Border Force Launches Advisory Board on Customs & Border Modernisation

Industry leaders will give their perspectives on how to improve the Australian Customs System through the establishment of the Customs Advisory Board (the Board) The Board, whose ten members were selected from across Australian industry, will provide advice to the Australian Border Force (ABF) Commissioner as the ABF takes forward customs and border modernisation. “By creating a board of industry leaders with significant expertise in trade and travel, and seeking their advice

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China’s ports reach ‘turning point’ as Covid-19 backlog clears

GTDW FDI Trade & Supply Chain Digitalisation News

Feb 28, 2020
2 min

China’s ports reach ‘turning point’ as Covid-19 backlog clears

“The turning point has arrived … We are seeing that port congestion has eased and logistics start to revive,” said Xu Kai, director of the Shipping Information Research Institute at SISI. Crane operators, customs officers, tugboat pilots and other key logistics links have began to slot into place after lockdowns across the country had led to congestion. China is the largest container cargo handler – processing around 30 per cent of global traffic or around 715,000 containers

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How Can Trade Compliance Heads Leverage Data & Technology In Uncertain Times For Trade?

GTDW FDI Trade & Supply Chain Digitalisation News

Feb 28, 2020
2 min

How Can Trade Compliance Heads Leverage Data & Technology In Uncertain Times For Trade?

''Leveraging Data & Innovative Technologies to Comply with Trade Regulations, Mitigate Risks & Maintain Operating Margins in an Increasingly Uncertain Cross-Border Trade Environment" As part of the preparations for GTDW China Trade Development Forum, June, Shanghai we are pleased to announce the Trade Compliance Leaders Panel Discussion and welcome top international speakers; Dr Ali Salamat, Economic Adviser-Trade Economist, the Directorate of International Trade, Oceans and

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Indonesia Customs to Adopt TradeLens Blockchain Solutions

GTDW FDI Trade & Supply Chain Digitalisation News

Feb 19, 2020
2 min

Indonesia Customs to Adopt TradeLens Blockchain Solutions

Jakarta - 18 February 2020 - The Indonesia Customs and Excise Department, which sits under the Ministry of Finance, today announced the use of the blockchain-enabled TradeLens platform in Indonesia. The announcement follows several months of implementation since the department first announced it was joining the TradeLens ecosystem at the end of last year. Indonesia Customs and Excise Department is the third government agency in Southeast Asia to use the platform. TradeLens is

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Can the African Continental Free Trade Area succeed where previous initiatives have failed?

GTDW FDI Trade & Supply Chain Digitalisation News

Feb 6, 2020
2 min

Can the African Continental Free Trade Area succeed where previous initiatives have failed?

Africa heads into a historic year in which the long-awaited African Continental Free Trade Area (AfCFTA) finally becomes a reality, with trading under the scheme scheduled to begin on 1 July. The largest free trade zone to come into being since the launch of the World Trade Organisation in 1995, the AfCFTA is a bold venture, especially on a continent where intra-African trade is languishing at about 18% of total trade. And the political will behind it is unprecedented for a

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Indonesia Looks To New Special Economic Zones To Drive Trade

GTDW FDI Trade & Supply Chain Digitalisation News

Feb 3, 2020
2 min

Indonesia Looks To New Special Economic Zones To Drive Trade

In a bid to boost economic growth, Bank Indonesia (BI), the country’s central bank, cut in October 2019 its benchmark interest rate for the fourth time in four months. At its monthly meeting on Oct. 24, 2019, BI announced that the seven-day reverse repo rate would be cut by 25 basis points to 5 percent. The decision marked the fourth consecutive time the rate has been slashed since July 2019, with the central bank reducing its benchmark by 100 basis points over the period. Th

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GTDW News: Digitalization, Standardization & Interoperability of Trade Tech

GTDW FDI Trade & Supply Chain Digitalisation News

Jan 30, 2020
2 min

GTDW News: Digitalization, Standardization & Interoperability of Trade Tech

Making international trade safe, efficient & secure - The exclusive week dedicated to the best of trade technologies for legitimate electronic trade, secure supply chain and anti illicit trade technologies in the Asia Pacific region. We are excited to announce our partnership with Co-Host APMEN Operational Centre, Quality Brands Protection Committee of China (QBPC) and Shanghai Association of Enterprises With Foreign Investment (SAEFI) to introduce The 19th International Edit

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GTDW FDI Trade & Supply Chain Digitalisation News

Jan 17, 2020
3 min

Have You Seen The Program & Speakers?

Welcome back to the new year and a new decade for The 4th GTDW Anti Illicit Trade, Brand & IPR Protection Conference + GTDW Trade Facilitation, Compliance & Digitalisation Conference & Exhibition our biggest edition to date returns to Shanghai Pudong, China from 16-18 June, presented in English & Mandarin as part of the 19th Edition of Global Trade Development Week. Theme: Digitalization, Standardization & Interoperability of Technologies. 800 International delegates, 80 Spea

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Vietnam most promising Asian investment destination in 2020

GTDW FDI Trade & Supply Chain Digitalisation News

Jan 9, 2020
1 min

Vietnam most promising Asian investment destination in 2020

Vietnam has been tapped by Japanese firms as the most promising place in Asia to invest in 2020, with India and Southeast Asian countries dominating other top spots, a survey showed Wednesday. In the survey, conducted online from November to December 2019 by NNA Japan Co., a Kyodo News group company, Vietnam received 42.1 percent of the 820 valid responses, based on factors such as its potential as a growing market and large supply of skilled, low-cost labor. Other respondent

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Michael Ding, Chairman, Quality Brands Assurance Committee China (QBPC) Joins GTDW China Keynotes

GTDW FDI Trade & Supply Chain Digitalisation News

Jan 9, 2020
2 min

Michael Ding, Chairman, Quality Brands Assurance Committee China (QBPC) Joins GTDW China Keynotes

GTDW China Trade Development Week Welcomes Michael Ding, Chairman Quality Brands Assurance Committee China (QBPC) joining keynote speakers confirmed for the major program taking place Shanghai Pudong, 16-18 June 2020. With 800 international delegates, 80 speakers, 40 exhibitors and 2 major co-located conferences this years theme covers Digitalization, Standardization & Interoperability of Trade Technologies for legitimate & anti illicit trade. View Programme: http://bit.ly/2M

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Where Trade Facilitation Tech Leaders Meet - Bigger Than Ever GTDW China Trade Development Week 2020

GTDW FDI Trade & Supply Chain Digitalisation News

Jan 6, 2020
1 min

Where Trade Facilitation Tech Leaders Meet - Bigger Than Ever GTDW China Trade Development Week 2020

Networking with top leaders from governments, trade agencies, MNC's, supply chain, logistics, customs, tax, trade zones, ports & trade hubs, brand protection, IPR & enforcement. 800+ international delegates, 80 leading speakers, 40 exhibitors, 2 concurrent conferences, site tours & more. The future of legitimate trade and anti illicit trade technologies, interoperability, standardisation and digitalization - Shanghai Pudong, 16-18 June. View Programme: http://bit.ly/2Mjt7NW V

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Shanghai gets green light to set up duty-free customs area to facilitate direct global trade

GTDW FDI Trade & Supply Chain Digitalisation News

Dec 17, 2019
2 min

Shanghai gets green light to set up duty-free customs area to facilitate direct global trade

Shanghai gets green light to set up duty-free customs area to facilitate direct global trade, in a move that bypasses Hong Kong! A fenced customs area will be established at Shanghai’s Yangshan Deep Sea Port and at the Lingang free-trade zone (FTZ) Cargo inside the area will be exempted from import duties, according to the November 4 circular by the The General Administration of Customs China’s government has given the green light to set up a duty-free zone at Shanghai’s port

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GTDW China (FREE) Government Capacity Building Tickets Closing Dec 20th!

GTDW FDI Trade & Supply Chain Digitalisation News

Dec 9, 2019
1 min

GTDW China (FREE) Government Capacity Building Tickets Closing Dec 20th!

As part of The GTDW commitment to LDC's & emerging governments we provide a limited number of FREE capacity building tickets for government to expand capacity around interoperability, standardisation & digitalisation of trade technologies and anti illicit trade tech & innovations at GTDW China Trade Development Week 2020. The 19th International of Global Trade Development Week returns to Shanghai Pudong, 16-18 June, 2020. Co-hosted in partnership with Asia-Pacific Model E-Por

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Vietnam, US Ink Agreement on Customs Mutual Assistance

GTDW FDI Trade & Supply Chain Digitalisation News

Dec 9, 2019
2 min

Vietnam, US Ink Agreement on Customs Mutual Assistance

Vietnamese Deputy Finance Minister Vu Thi Mai and US Deputy Chief of Mission in Vietnam Caryn McClelland signed the Customs Mutual Assistance Agreement between the two Governments in Hanoi on December 6, in the presence of Vietnamese Deputy Prime Minister Vuong Dinh Hue. Speaking at the event, Mai said that Vietnam always attaches great importance to its comprehensive partnership with the US, reflected through the Vietnamese Government’s efforts to remove obstacles for bilate

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