ACT Admin
Malaysia’s customs, revenue collecting agency to co-audit all firms
The Royal Malaysian Customs Department and the Inland Revenue Board (IRB) will jointly undertake an audit of all companies in Malaysia in an effort...
ASEAN, HK conclude free trade talks
The Association of Southeast Asian Nations (ASEAN) and Hong Kong have concluded negotiations on their free trade agreement (FTA) at the second ASEAN Economic...
WTO chief: China’s commitment to openness will continue to drive economy...
World Trade Organization Director-General Roberto Azevêdo recently visited Beijing, China to participate in the “1+6” roundtable meeting hosted by Chinese Premier Li Keqiang, together...
China Customs supports WCO’s Revenue Package program
The World Customs Organization (WCO) Secretariat recently conducted a short mission to study the China Customs valuation control system as part of Phase III of...
Use of green lane on hold in PH
Philippine Customs commissioner Isidro Lapeña has temporarily suspended the green lane while the Bureau of Customs’ (BOC) selectivity system is undergoing review.
All shipments now...
Vietnam to cut out pre-import inspection for over 100 goods
The Vietnamese government is removing beginning October the pre-import quality inspection for more than a hundred products to facilitate the entry of certain imported...
India’s customs board to allow self-seal for export cargoes
The customs department of India will allow self-sealing for export containers from October 1 in a move to promote a “trust based compliance environment”...
New PH customs chief dismantles central command center
In his first directive as new Philippine Customs commissioner, Isidro Lapeña has abolished the Command Center (ComCen), a special unit created by former customs...
Better trade facilitation could cut trade costs in Asia by 9%...
Improving trade facilitation by simplifying, modernizing, and harmonizing export and import processes can reduce trade costs by up to 9% in Asia-Pacific, according to...
Regional FTAs giving intra-APEC trade a big boost
Trade among Asia-Pacific Economic Cooperation (APEC) member countries has increased by more than 170% over a 16-year period, spurred by regional trade agreements (RTAs)...
