Company Blog
Navigating Challenges and Charting a Resilient Path Forward: Overcoming Shipping Delays in the Spare Parts Business During COVID-19
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The COVID-19 pandemic has ushered in a new era of uncertainty, with industries worldwide grappling with unforeseen challenges. Among those feeling the impact are spare parts businesses, which have been navigating the rough waters of shipping difficulties and delays. Yet, amidst these trying times, there is reason for optimism as companies adapt, innovate, and persevere, setting their sights on a brighter future. The Shipping Conundrum As the pandemic disrupted global supply chains and brought about restrictions, the shipping landscape experienced significant upheavals. Lockdowns, reduced workforce capacities, and increased safety measures at ports have led to congestion and a backlog...
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- Tags: covid, Shipping, social impact
Bangladesh Bank introduces online submission of 'EXP Form' for exports
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EXP Form is a vital document while exporting goods from Bangladesh. Recently Bangladesh bank introduces online generation and submission of EXP form documents which is explained well in this document:
What is HS Code?
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Export Registration Certificate (ERC)
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The Export Registration Certificate (ERC) is a pivotal document in the context of Bangladesh's international trade. It serves as an official authorization for businesses to engage in exporting goods from Bangladesh to foreign markets. The ERC is a manifestation of the government's commitment to facilitating and regulating exports, stimulating economic growth, and fostering international trade relationships. The ERC holds immense significance for businesses involved in export activities in Bangladesh. It serves as a gateway to global markets and symbolizes a business's compliance with export regulations and trade policies. This document provides several key benefits. Download our ERC Certificate
What is INCOTERM and why it is important?
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The Incoterms® rules feature abbreviations for terms, like FOB (“Free on Board”), DAP (“Delivered at Place”) EXW (“Ex Works”), CIP (“Carriage and Insurance Paid To”), which all have very precise meanings for the sale of goods around the world.