The Bureau of Customs (BOC) surpassed its annual collection target for 2021 by five percent last year. By the end of 2021, it was reported that the BOC managed to collect a total of P645.77 billion in revenues, higher than the pre-pandemic collection of P630.31 billion in 2019. “I commend…
At the start of the IPoA, a key objective was for half of the countries in the LDC group to meet the graduation criteria by the end of the decade. However, only 20 countries achieved this objective and four countries graduated, including Maldives (2011), Samoa (2014) and Vanuatu (2020) among the Commonwealth members. Two Commonwealth LDCs – Solomon Islands (2024) and Bangladesh (2026) – are scheduled to graduate during the next programme of action. The CDP has recommended the extension of Bangladesh’s preparatory period from 2024 to 2026 in view of the impacts of the COVID-19 pandemic, and the simultaneous challenges created by the Rohingya crisis and the resulting influx of refugees, on the country’s progress towards graduation (ECOSOC, 2021b). The extension is intended to give Bangladesh more time to prepare for a smooth and sustainable transition. Bangladesh is the largest economy and exporter of all the LDCs scheduled for graduation and is likely to face greater challenges
The Covid-19 pandemic has brought into the limelight digital solutions to business challenges created by mobility restrictions. Paperless trade across borders became an effective way to mitigate disruptions, enabling commerce to continue while limiting physical contact. Cross-border paperless trade has great potential to enhance competitiveness, as it addresses new challenges…
Leaving no one behind | Borneo Bulletin Online borneobulletin.com.bn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from borneobulletin.com.bn Daily Mail and Mail on Sunday newspapers.
SOUTHEAST and East Asia are leading the world when it comes to cross-border paperless trade, a move that has reduced time and costs for movement of goods in the region, according to a recent report by the United Nations Economic and Social Commission for Asia and the Pacific (Unescap). In…