Indonesia’s President Joko Widodo unveiled plans this week for a "big bang" loosening of restrictions on foreign investment covering nearly 50 sectors of the economy - including the logistics sector - in order to stimulate economic expansion to reach a 7.0 per cent year-on-year gross domestic product (GDP) growth rate by 2019. The changes to Indonesia's Negative Investment List (Dafter Negatif Investasi) - the document that stipulates to what extent foreign investors can own businesses in … [Read more...] about Indonesia announces “big bang” opening up including logistics, e-commerce sectors
Logistics
BDP expands in Egypt with new Cairo office
BDP International, a leading privately held global logistics and transportation services company, is opening an office in Cairo, Egypt this month. The Cairo office will serve the chemical/ petrochemical, healthcare, energy, retail and automotive sectors with a range of services, including ocean/ air export and import, import/ export customs clearance, project logistics, ground transport and warehousing/ distribution. In addition to the Cairo location, BDP plans to open a second Egypt-based … [Read more...] about BDP expands in Egypt with new Cairo office
CEVA Logistics’ new US Customs Brokerage System up and running
CEVA Logistics has announced it has successfully completed the implementation of a new Customs brokerage system across its US operation. CEVA initiated the move to introduce state-of-the-art systems following a mandate from US Customs which requires all forwarders to file their entries using ACE (the Automated Commercial Environment) by the end of February this year. At that point, ACE becomes the primary system through which the trade community – including forwarders – must report all imports … [Read more...] about CEVA Logistics’ new US Customs Brokerage System up and running
Hactl, CKS join forces to further tap Pearl River Delta cargo
Aiming to further tap the Pearl River Delta region, HACTL Development Holdings Ltd (HDHL) – the business development arm of the Hong Kong Air Cargo Terminal Ltd (Hactl) Group - has entered into a unique cargo logistics agreement with Chu Kong Shipping Enterprises (CKS). The objective of the Memorandam of Understanding (MoU) is to explore the joint development of logistics links and infrastructure in and around Hong Kong International Airport and the Pearl River Delta region, supporting the … [Read more...] about Hactl, CKS join forces to further tap Pearl River Delta cargo
DHL Supply Chain launches data science white paper
DHL Supply Chain has today launched its latest white paper highlighting the untapped power of data-driven insight for the supply chain. The white paper, titled 'The predictive enterprise: Where data science meets supply chain’, reveals that most companies are sitting upon a goldmine of un-utilised supply chain data that has the ability to give organisations a competitive edge. Data mining, pattern recognition, business analytics, business intelligence, and other tools are coalescing into an … [Read more...] about DHL Supply Chain launches data science white paper
DHL eCommerce launches new services in Thailand
DHL eCommerce, a division of global logistics company, Deutsche Post DHL Group, has expanded its operations into Thailand and is offering end-to-end domestic delivery service for Thai e-commerce merchants. With its new service, DHL eCommerce is offering a range of unique service options that caters to Thailand's burgeoning e-commerce market. "Thailand, with its tremendous growth potential, fast e-commerce adoption and high smartphone penetration rates, has been identified as the first … [Read more...] about DHL eCommerce launches new services in Thailand