After being shut for over two months, the Tatopani Customs Office along Nepal-China border resumed operations in April with the import of first lot of healthcare materials from China. A consignment of 7,500 units of N-95 masks and 500 bottles of sanitizer arrived through the customs point into Nepal. Tatopani and Rasuwagadhi are the main land routes for trade with China. Nepal closed both the border points on January 29, following the outbreak of coronavirus in China. Navaraj Dhakal, Joint Secretary, Ministry of Commerce and Supplies informed that Rasuwagadhi route will also be opened soon after finalizing the modality of procedures of Customs clearance, quarantine and preventive measures.
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GARMENT TRADE TRAMPLED
As retailers face a shutdown in US and Europe, the cascading affect has caused mass cancellation of orders in Bangladesh
TRADE RESUMES WITH CHINA
While India has allowed uninterrupted movement of imports into Nepal even during lockdown, China is reopening its borders as it emerges from the pandemic
LESS HUMAN INTENSIVE, MORE DATA DRIVEN
AI provides transformational opportunity for logistics industry by improving customer experience, operational efficiency, faster turnaround time and lower cost while ensuring security and transparency. Macro environment requires industry to transform to be less human intensive, agile and data driven, all of which can be accelerated by AI adoption, shares Gangadhar Gude, Founder & CEO, atai.ai
SHAKEN AND STIRRED
The COVID-19 pandemic has partially paralysed the logistics and supply chain, but the industry is still deterred to ensure supply of essentials continues
TRADE STUCK, ECONOMY SLOWS DOWN
Sri Lankan economy slows down as trade deficit widens and supply chain disrupts amidst lockdown
LENDING INTELLIGENCE TO SUPPLY CHAIN
If you’re shipping millions of dollars’ worth of pharmaceuticals, high-end electronics, expensive seafood, or precious metals, what would you be willing to pay for the ability to ‘ask’ your shipment where it is right now and whether it’s ok? What would you pay for a freight smart enough to raise an alarm before it spoils? Artificial Intelligence enables that and much more…
CONTAINER LINES SIGNAL ‘SOS'
As the per-unit cost of operations increases many lines are forced to blank sailings which has hit their bottom line real hard. The Government and Terminal Operators therefore need to actively consider reduction in Vessel Related Costs
Digital Platforms Defy Lockdown
Digital trading modules such as eNAM are enabling farmers to move their produce from farm to market even during the lockdown
Impact Of Covid-19 On Shipping And Logistics
Industry stalwarts discuss threadbare the prevailing logistics and supply chain scenario and issues in clearing cargo during the COVID-19 lockdown
MONGLA PORT ADDS MORE MUSCLE
Mongla Port is expanding its infrastructure and boosting connectivity to better handle the domestic exim traffic and transhipment of goods from India, Nepal and Bhutan
China to Send 3 Male Astronauts to Its Space Station in June
A three-man crew of astronauts will blast off in June for a three-month mission on China’s new space station, according to a space official who was the country’s first astronaut in orbit.
CHINA SAYS XIAOMI REMOVAL FROM U.S. BLACKLIST “BENEFICIAL”
China’s commerce ministry on Thursday welcomed the removal of Xiaomi Corp. from a U.S. government blacklist, a day after the U.S. reversed a ban on U.S. investments in the smartphone maker that was imposed under former President Donald Trump.
China's Next Export: Inflation
With prices rising at the factory gate, consumers abroad may wind up paying more
Reincarnation And Realpolitik
China, India, and the U.S. are vying to influence the selection of the next Dalai Lama
DEADLY WUHAN COVER-UP!
U.S. health officials untangling how virus escaped secret bio lab
US, CHINA CONSULTED ON SAFETY AS THEIR CRAFTS HEADED TO MARS
As their respective spacecrafts headed to Mars, China and the U.S. held consultations earlier this year in a somewhat unusual series of exchanges between the rivals.
CHINA CUTS TAXES TO SPUR SEMICONDUCTOR DEVELOPMENT
China announced tax breaks this week to spur growth of its semiconductor industry following U.S. sanctions that alarmed the ruling Communist Party by cutting offaccess to American processor chips for tech giant Huawei and some other companies.
CYBER ATTACK TIED TO CHINA BOOSTS DEVELOPMENT BANK'S CHIEF
The cyberattack crested just as finance officials from across Latin America were descending on Washington to commemorate the 60th anniversary of the Inter-American Development Bank.
ENCRYPTED MESSAGING APP SIGNAL BLOCKED IN CHINA
Encrypted messaging app Signal appears to have been blocked in mainland China, the latest foreign social media service to cease working in a country where the government tightly controls the flow of information.
An Industrial Policy With U.S. Characteristics
Biden’s $4 trillion Build Back Better plan faces plenty of hurdles beyond Republicans