ASEAN and EU’s new online Customs Transit System
JAKARTA – The private sector in ASEAN now has access to a powerful new online system, the ASEAN Customs Transit System (ACTS), which will reduce intra-ASEAN trading challenges and enable companies to benefit fully from the ASEAN Economic Community (AEC) … Continue reading ASEAN and EU’s new online Customs Transit System
Germany to Invest 10 Billion Euro in Start-Up Support
Berlin – The German parliament has approved a billion-euro “future fund” to help fledgling companies expand their business. Early on Friday, after a marathon 17-hour budgetary meeting, the German Bundestag approved a massive investment of state capital to promote start-ups … Continue reading Germany to Invest 10 Billion Euro in Start-Up Support
Resurgance of Japan’s domestic cruise market
Tokyo – Two Japanese ships have completed short cruises to nearby ports in recent weeks. Both were operated under limited capacity and strict new policies for passengers and crew to prevent the spread of Covid-19. Mitsui OSK Passenger Lines’ Nippon … Continue reading Resurgance of Japan’s domestic cruise market
IATA supports Sustainable Aviation Fuel
Geneva – The International Air Transport Association (IATA) called on governments worldwide to support the development of Sustainable Aviation Fuel (SAF) as a critical step to achieving its target to cut net emissions to half 2005 levels by 2050. This target … Continue reading IATA supports Sustainable Aviation Fuel
AirAsia collaborates with Tourism Malaysia
KUALA LUMPUR – AirAsia applauds the Ministry of Tourism, Arts and Culture (MOTAC) for taking proactive steps in announcing a detailed Stimulus Recovery Plan to reinvigorate the national economy through domestic tourism, which involves the Cuti-Cuti Malaysia campaign and cooperation … Continue reading AirAsia collaborates with Tourism Malaysia
TravelRevive to bring back the physical MICE
Singapore – TravelRevive, powered by ITB Asia and Singapore Tourism Board (STB), will be held at the Marina Bay Sands Expo & Convention Centre, Singapore, from 25-26 November. The first pilot trade show to trial the newly developed ‘hybrid event’ … Continue reading TravelRevive to bring back the physical MICE
China will consider joining Trans-Pacific-Partnership
BEIJING/SINGAPORE – Chinese President Xi Jinping on Friday said he will give “positive consideration” to joining the Trans-Pacific Partnership trade pact, likely in a move to bolster the country’s presence in Asia while the U.S. focuses on its presidential transition. His … Continue reading China will consider joining Trans-Pacific-Partnership
U.S. adds four more Chinese firms to Pentagon blacklist
WASHINGTON – Washington is poised to designate four more Chinese companies as backed by the Chinese military, sources said, curbing their access to U.S. investors as the Trump administration seeks to cement its hawkish China legacy in its waning days. … Continue reading U.S. adds four more Chinese firms to Pentagon blacklist
China to cut tariffs, boost imports
BEIJING – China will continue to cut its tariffs and expand imports of high-quality goods and services, Chinese President Xi Jinping said on Thursday, while vowing to push reforms and promote an innovation-driven growth model. “We will further reduce tariffs … Continue reading China to cut tariffs, boost imports
Daimler, Geely see China as production hub
FRANKFURT – Daimler AG and Geely Holding on Friday said China could emerge as a manufacturing and export hub for hybrid powertrains jointly developed for Volvo and Mercedes-Benz cars. Earlier this week the German car maker said it will cooperate with … Continue reading Daimler, Geely see China as production hub