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In a significant development in international trade relations, the Tariff Commission of the State Council of China has decided to extend the exclusion period for certain goods from the United States.
Extension Announced for Exclusion List of Tariffs on US Goods Read More »
The escalating supply chain crisis in the United States. Nearly 130,000 truck drivers have been banned due to “drug driving”, and a significant portion of those who failed the test did not participate in the return-to-work program.
US Supply Chain Crisis Intensifies: Truck Driver Shortage and Port Strikes Read More »
Brunei has become the 11th country to ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The agreement is expected to take effect in mid-July, 60 days after Brunei’s notification to New Zealand, the custodian country of the CPTPP.
Brunei Ratifies CPTPP, Boosting Trans-Pacific Trade and Investment Opportunities Read More »
The State Administration of Market Supervision and Administration has issued a notice requiring compulsory product certification management for lithium-ion batteries and other electronic and electrical products. This includes newly incorporated products such as battery packs, mobile power, and telecommunications terminal products. CCC certification will be mandatory from August 1, 2023, and without the certificate, products
Singapore and India have recently launched a cross-border retail payment system that connects PayNow, developed by the Association of Banks in Singapore, and the Unified Payments Interface (UPI) developed by the National Payments Corporation of India. This system allows retail customers to use the local payment system for real-time cross-border retail payments and remittances. This
Singapore and India Launch Cross-Border Retail Payment System with PayNow-UPI Linkage Read More »
