The implementation of Product Specific Rules (PSR) in HS 2017 for ASEAN-Korea Free Trade Area (AKFTA) has taken into effect beginning 1 January 2020.

Starting 23 December 2019, The Lao People’s Democratic Republic and Republic Of The Philippines is ready to join the other eight (8) participating member states (Malaysia, Brunei, Cambodia, Indonesia, Myanmar, Singapore, Thailand and Vietnam).

Starting 9 December 2019, The Republic Of The Union Of Myanmar is ready to join the other seven (7) participating member states (Malaysia, Brunei, Cambodia, Indonesia, Singapore, Thailand and Vietnam)

Please be informed that there will be a service disruption in Port Klang Authority eDCFZ services during the simulation time.

Cyberjaya, 20 November 2019 – 1Trade Thailand Company Limited (“1Trade Thailand”), a joint venture company of Dagang NeXchange Berhad (“DNeX”), has inked a memorandum of understanding (“MoU”) with CAT Telecom Public Company Limited (“CAT Telecom”) to provide a comprehensive cargo and trade management system in Thailand.

Dagang NeXchange Berhad (“DNeX”) through subsidiary company Innovation Associates Consulting Sdn Bhd (“iAC”) has been awarded a contract to re-engineer the tax self-assessment system by the Inland Revenue Board of Malaysia (“IRB”).

Dagang NeXchange Berhad (“DNeX”) has announced its results for the third quarter ended 30 September 2019 (“3Q FY2019”), and the nine months period ended 30 September 2019 (“9M FY2019”).

Dagang Net Technologies Sdn Bhd, a wholly-owned subsidiary of Dagang NeXchange Berhad (“DNeX”), has signed a Memorandum of Agreement (MoA) with four universities in Indonesia to implement Dagang Net eScroll, a blockchain-powered Web application to authenticate certificates.

Digitalisation push in Trade Facilitation

Digitalisation remains a key component in trade facilitation to generate improvements in trade processes. Players in trade facilitation thus must continue to embrace digitalisation to offer better services towards enhanced efficiency in cross border trade.