7 Ways You Can Reduce Cost of Imports
7 Ways You Can Reduce Costs on Imports If your company is doing any cross-border trade, you have to carefully manage operational costs like transportation charges, insurance, duties, taxes and…
Stink bug measures in Australia
Stink bug measures in Australia are implemented by authorities to prevent the spread of the brown marmorated stink bug in the country. These bugs see seasonal increases in places like…
Getting an import license in Singapore
Singapore is located very strategically in Southeast Asia. Recognizing the geographical advantage it has, the government has worked hard to capitalize on it. Over the years, an elaborate transportation network…
Effective Compliance Training
Compliance training for the larger organization is an essential part of any compliance department's scope of work. Having colleagues throughout the supply chain who are familiar with concepts such as…
What is supply chain management and why is it important?
Supply chain management refers to the management of the flow of goods from the time of manufacture to the point they reach the end consumer. This can hence refer to…
What is anti dumping?
Anti-dumping duty is a measure implemented by governments to protect local industries and manufacturers. This is a form of protectionism against exporters in foreign countries who have priced their export…
What are non tariff barriers?
Non tariff barrier definition A non tariff barrier is used to control and restrict specific cross border trade activities without the imposition of import duty. Trade activities affected by non…
What is De Minimis?
In English, the Latin phrase "De Minimis" translates roughly to "about trifle things". Today, the term can mean different things in different context. In this article, we will look at…
What is the purpose of a Chamber of commerce?
A chamber of commerce is an association made up of a network of businesses (members). The purpose of a Chamber of commerce is to help businesses grow by looking into…
