Customs

MatrixSpace Further Strengthens International Defense and Industry Engagement

Retrieved on: 
Thursday, September 7, 2023

BURLINGTON, Mass., Sept. 7, 2023 /PRNewswire/ -- Further strengthening its industry advisory board,  MatrixSpace announces the addition of three highly accomplished military and security leaders: Vice Admiral (VADM) Rich Brown (R); Brigadier General Peter L. Jones (R); and Tom Bush, retired Department of Homeland Security executive.

Key Points: 
  • Vice Admiral (VADM) Rich Brown (R) is a senior defense operations leader with over 35 years of experience leading transformation throughout the Navy, retiring in 2020.
  • "Excited to be part of the MatrixSpace team, focused on providing lightweight cutting-edge AI enhanced radar solutions that solve today and tomorrow's border security challenges."
  • Combining industry leading sensing, AI edge processing and RF communication in real-time is a major technology breakthrough that will reinvent business models across multiple vertical market applications, in particular the defense and public safety industry.
  • "These are three extraordinary leaders with deep insights and experience of the challenges faced by industry, defense and national security forces around the world.

DHL Express launches its first network flight to Argentina

Retrieved on: 
Tuesday, September 5, 2023

Operated by DHL Aero Expreso, the Boeing B767-300 aircraft will provide a gross payload capacity of 52 tons per flight.

Key Points: 
  • Operated by DHL Aero Expreso, the Boeing B767-300 aircraft will provide a gross payload capacity of 52 tons per flight.
  • The new, dedicated network flight will improve service reliability and increase capacity to support DHL's international shipping customers.
  • This is the first DHL dedicated network flight serving Argentina.
  • The new flight to Argentina marks a significant milestone for DHL Express, as it continues to expand its dedicated network capacity in the region.

Italy: Oral Tobacco, Nicotine Pouch and Heated Tobacco Regulation - ResearchAndMarkets.com

Retrieved on: 
Monday, August 21, 2023

The "Italy: Oral Tobacco, Nicotine Pouch and Heated Tobacco Regulation" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Italy: Oral Tobacco, Nicotine Pouch and Heated Tobacco Regulation" report has been added to ResearchAndMarkets.com's offering.
  • The Tobacco Products Directive (TPD)-implementing decree, Legislative Decree 6/2016, defines heated tobacco products as novel smokeless tobacco products, which are subject to more lenient regulation than cigarettes in terms of public place usage and taxation.
  • This report provides a detailed overview of Italy's regulatory framework for heated tobacco and herbal heated products, covering all policy areas from product and packaging requirements to taxation and sanctions
    A ban on all oral tobacco products except chewing tobacco is established in the Tobacco Products Directive (TPD)-implementing decree, Legislative Decree 6/2016.
  • Nicotine pouches do not fall under the TPD-implementing decree, and so are not considered either tobacco or tobacco-related products.

Superdry plc: DSH-Director/PDMR Shareholding*

Retrieved on: 
Tuesday, August 22, 2023

On 14 August 2023, the following transactions by PDMRs took place in relation to Superdry’s Share Incentive Plan (SIP).

Key Points: 
  • On 14 August 2023, the following transactions by PDMRs took place in relation to Superdry’s Share Incentive Plan (SIP).
  • The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy shares in the Company of 5 pence each (Ordinary Shares), using deductions from salary in each calendar month (Partnership Shares), and receive allocations of matching free Ordinary Shares (Matching Shares).
  • Details of the number of Partnership Shares purchased by the PDMRs at a price of £0.653 per Ordinary Share, and the number of Matching Shares allocated by the SIP Trustees to the PDMRs for no consideration, are set out against their names in the table below.

Britvic plc Director/PDMR Shareholding

Retrieved on: 
Tuesday, August 22, 2023

Britvic plc (the “Company") was notified on 21 August 2023 that the following transactions have taken place in relation to the Britvic Share Incentive Plan (“SIP”).

Key Points: 
  • Britvic plc (the “Company") was notified on 21 August 2023 that the following transactions have taken place in relation to the Britvic Share Incentive Plan (“SIP”).
  • The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company of 20 pence each (“Shares”), using deductions from salary in each monthly pay period, and receive allocations of matching free Shares (“Matching Shares”).
  • The following Directors purchased the number of Shares set out against their names below, at a price of 840.84 pence per Share, and were allocated for no consideration the number of Matching Shares (purchased by the SIP trustees at a price of 840.84 pence per Matching Share) set out against their names below:

LightLab 3 Cannabis Analyzer Chosen by FDA to Enhance Consumer Safety and Regulation in the Cannabis Industry

Retrieved on: 
Friday, August 18, 2023

This move comes after numerous international and state regulatory agencies have successfully implemented LightLab 3 HS to support consumer safety and business licensure.

Key Points: 
  • This move comes after numerous international and state regulatory agencies have successfully implemented LightLab 3 HS to support consumer safety and business licensure.
  • US Food and Drug Administration (FDA) selects LightLab 3 Cannabis Analyzer by Orange Photonics.
  • The FDA's decision to deploy LightLab 3 HS Cannabis Analyzer stems from its commitment to address consumer safety concerns associated with food-related products containing CBD and Delta-8 THC.
  • State regulatory agencies have successfully relied upon the LightLab 3 Cannabis Analyzer technology for years," states Stephanie McArdle, President of Orange Photonics.

Biden's answer to Mexican border crisis might slow crossings but is not winning support

Retrieved on: 
Friday, August 4, 2023

President Joe Biden has been negotiating a new deal with Mexico in the hope of mediating the long-running immigration crisis on the US southern border.

Key Points: 
  • President Joe Biden has been negotiating a new deal with Mexico in the hope of mediating the long-running immigration crisis on the US southern border.
  • According to Customs and Border Protection, border crossings from Mexico to the United States have recently fallen from 10,000 a day to approximately 3,500 a day.

Mexico’s role

    • Alex Miller, director of the advocacy group Immigration Justice Campaign, called the changes “a stark reversal of the administration’s stated commitment to restoring access to asylum”.
    • Former Democrat Representative for Texas 16th congressional district Beto O’Rourke tweeted that the ruling was “the right decision”.
    • Both immigration advocates and those calling for stricter guidelines have attacked the Biden administration’s immigration policy since the president took office.
    • Vice President Kamala Harris, who was tasked with finding a solution to the border crisis, has been the subject of much Republican criticism.
    • Whether the supreme court upholds the San Francisco ruling or not, the White House seems to be in a no-win position.

Immigration attitudes

    • Recent polls show that significantly more Americans that identified as Republicans (70%) felt that immigration was a major problem than Democrats (25%).
    • Inflation (65%), affordable healthcare (64%) and partisanship (61%) are thought by all parties as the top national problems and outweigh illegal immigration (47%).
    • The border crisis is unlikely to cost Biden the election, but it will remain a thorn in the administration’s side beyond 2024.

MYEG COLLABORATES WITH PHILIPPINES BUREAU OF CUSTOMS FOR DEPLOYMENT OF CHINA CUSTOMS CLEARANCE SYSTEM

Retrieved on: 
Thursday, July 27, 2023

KUALA LUMPUR, Malaysia, July 27, 2023 /PRNewswire/ -- MY E.G. Services Berhad ("MYEG" or "the Group") has entered into a collaboration and secured regulatory approval to deploy its blockchain-based customs clearance and processing services for trade flows between the Philippines and China.

Key Points: 
  • Services Berhad ("MYEG" or "the Group") has entered into a collaboration and secured regulatory approval to deploy its blockchain-based customs clearance and processing services for trade flows between the Philippines and China.
  • TS Wong, Group Managing Director of MYEG, said: "At MYEG, we are pleased that the advantages of deploying a Web3 + AI-based solution i.e.
  • Ztrade in offering faster, secure, more intelligent and more cost-effective processing of cross-border trades are now also being recognised in the Philippines, besides in Malaysia and China.
  • Since commencing operations in 2017, the Group has gone on to establish itself as a leading provider of e-government services in the Philippines.

Post-Brexit commodity codes increase export times and red tape by at least 30%, says international shopping expert.

Retrieved on: 
Tuesday, July 25, 2023

myUKmailbox , a leading package forwarding service, reports at least a 30% increase in export times and red tape.

Key Points: 
  • myUKmailbox , a leading package forwarding service, reports at least a 30% increase in export times and red tape.
  • The World Customs Organisation changed the codes earlier this year, and the impact on UK businesses is significant.
  • "The changes in commodity codes have led to longer export times and more bureaucracy.
  • "The government site for finding commodity codes is a bit of a minefield, and ensuring you've got the right code takes time.

Post-Brexit commodity codes increase export times and red tape by at least 30%, says international shopping expert.

Retrieved on: 
Tuesday, July 25, 2023

myUKmailbox , a leading package forwarding service, reports at least a 30% increase in export times and red tape.

Key Points: 
  • myUKmailbox , a leading package forwarding service, reports at least a 30% increase in export times and red tape.
  • The World Customs Organisation changed the codes earlier this year, and the impact on UK businesses is significant.
  • "The changes in commodity codes have led to longer export times and more bureaucracy.
  • "The government site for finding commodity codes is a bit of a minefield, and ensuring you've got the right code takes time.