ASEAN forwareders gets a boost in trade

The signatory of the MoU are: The Federation of Malaysian Freight Forwarders (FMFF), Federation of Forwarders Associations in the Philippines (FEDFAP), Vietnam Logistics Business Association (VLA) and Myanmar International Freight Forwarders’ Association (MIFFA)

hive (highly interconnected & vibrant e-trade), a freight forwarder community-centric platform powered by Global eTrade Services (GeTS, a subsidiary of CrimsonLogic, and a leading provider of eGovernment products and services headquartered in Singapore) is set to facilitate connectivity between freight forwarders, their business partners and Customs agencies.

hive makes trade easier, more accessible, and predictable by enabling businesses to meet trade compliance requirements for Customs authorities worldwide.

This trade facilitation platform is a collaboration of logistics and forwarder associations championed by ASEAN Federation of Forwarders Associations (AFFA), Federation of Malaysian Freight Forwarders (FMFF), and Taiwan Freight Logistics Association (TFLA) with pioneer members that include Indonesia, Singapore and Thailand.

Users will also be able to search and connect with tens of thousands of businesses from all over Asia using hive’s Partner Discovery Service.

“ASEAN is celebrating its 50th Anniversary this year and continuing to deepen ties and trade among its members, as well as across the region. What started off as US$10b in trade when ASEAN started out in 1967, has grown to US$2.219 trillion last year.

Strengthening logistics infrastructure will be the key to further growth across the region in the future. With hive, we will drive greater collaboration, enabling businesses to achieve greater efficiency, productivity and growth,” said Mr. Eugene Wong, Chairman of CrimsonLogic and GeTS.