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schrijverr · 7 months ago

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What Happens in Hong Kong…

What if the fight in 1x19: Unfinished Business had gone a little differently and Tommy learned about Oliver kidnapping him in Hong Kong?

On AO3.

Ships: none

Warnings: mentions of canonical violence and canonical character death

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Oliver is still off balance about today as he wanders back into the club. Seeing the Count like that, deciding not to kill him, it’s strange. There was a time where he wouldn’t have hesitated to put that arrow in his brain, but today he couldn’t do it.

He wonders how he’s changing. There is so much darkness inside of him that he ripped out and put into this persona, transmitting it from Kapyushon to the Hood. But now that darkness is leaving the Hood and he isn’t sure if it’s leaving him all together, or if Oliver Queen is reabsorbing that darkness.

A movement catches his eyes and he instinctively focuses on it, assessing it as a threat.

It’s Tommy and he immediately feels guilty about putting Tommy in the threat category, even though he knows his brain just works that way. He spots the folder in Tommy’s hand and sees an opportunity to make up, calling out a “Hey,” that stops Tommy in his tracks.

“How are we doing?” Oliver asks. He knows the other man is mad at him, but he doesn’t know how much. The question feels neutral enough to get a gauge on where they stand, before making his next move.

“In the black,” Tommy answers curtly, not meeting his eyes. Still mad then. It’s confirmed when Tommy coolly asks: “Did the Hood get his man?”

“Well,” Oliver lets out a breath, “we won’t have any problems with Vertigo anymore.” He isn’t sure if the question was genuine, but he’d rather not risk it. Plus, maybe showing he did some good will make Tommy less mad.

It doesn’t seem to work. Tommy keeps his back turned to him and is now counting money. If he wants to make it right, he’s going to have to do better than pretending it didn’t happen. It’s difficult for him, but Oliver manages to start: “Look, Tommy, I’m sorry-”

“I’ve caught up the bookkeeping and all my notes on the inventory are in there, along with the list of supplier that we use,” Tommy cuts him off.

An uncomfortable feeling crawls down Oliver’s throat and constricts his chest, but he doesn’t want to read into the situation. Doesn’t want to believe what his brain clicks together. Doesn’t want to assess all possibilities and plan. He doesn’t want to let Tommy go. So, he falls into an easy pattern that has always come to him and plays dumb, saying: “Okay? I don’t see why you’re telling me that.”

Tommy turns around, meeting his gaze with eyes he barely recognizes. He has never seen Tommy upset with him like this.

“This club is important to me,” Tommy tells him, then walks forward accusingly. “But for you it’s just a front. You want me to keep your secret, help you be this thing you’ve become, but you refuse to see me for what I’ve become. I’ve got just a bit more self-respect for that.”

Each and every word hits him in his chest and he watches helplessly as Tommy walks away. His brother in all but blood is leaving his club – their club – with nothing more than an, “I quit,” thrown over his shoulder.

Oliver can’t let that happen.

Tommy is his rock, always has been. Being able to work with him is one of the best thing that has happened to him. Tommy is such a joy, so innocent and untainted by all the darkness Oliver carries inside him. When he’s with him, he can almost forget his own darkness.

There is a truth to Tommy’s words. He doesn’t see Tommy for who he has become, not entirely at least, and that hurts. Because Tommy isn’t the same. He has gotten more mature. Oliver just saw that same happiness and mistook it for immaturity, because his own happiness has been beaten out of him so he could survive and he can’t fathom surviving while being happy, can’t fathom living instead of surviving.

“Wait,” he calls out, before Tommy can open the door, needing him to stay.

A relief washes over him when Tommy pauses, however, he doesn’t turn around, just stills as he waits to see what will come out of Oliver’s mouth next. It’s terrifying, because he has lost the way he would charm himself out of trouble, replaced it with beating the problem until it’s gone. But now he has to talk and hope it’s enough to keep his friend.

“It’s not-” he starts, then realizes that saying it’s not you, but me, probably isn’t the best idea. He bites his lips, then starts again: “When I was on the island, I- I wasn’t alone.”

Tommy makes a confused noise and turns just a bit, throwing a glance Oliver’s way. He knows everyone wants him to open up about what happened there, talk to them. Whether it’s concern or morbid curiosity. Tommy isn’t immune either.

He could talk about Slade, how he turned in a matter of minutes due to drugs in his system. How he’s had friends turn against him. But he doesn’t. It won’t work. Because it’s not Tommy, who is the problem; it’s him.

“There were these group of mercenaries, who were trying to set up a base of operation there. Off the grid,” Oliver twists the truth. He’s sure Amanda Waller won’t like him talking about her involvement there and he doesn’t fancy A.R.G.U.S. showing up on his doorstep any time soon.

“I ran into a special ops, who’d been trying to stop them, but got stranded on the island when his plane was shot down. He helped me survive and get away from these men, but he’d gotten shot. We had targets on our back,” Oliver says, watching as Tommy turns around fully now, listening intently, though with a confused frown on his face.

“There were these herbs in a previous hideout we’d used and we needed them to treat his wound, so I went to get them,” Oliver explains, glad he found a good way to present this, though a little sick for what he was about to admit next.

“When I got there, I found a man. He was tied up, beaten bloody,” Oliver says, swallowing thickly as he remembers him. “He told me he was on a school trip on a fishing boat and it went down, that he washed up here and was found by those mercs, who were about to kill them until they’d been called away for a scuffle. Me and my friend, probably.”

Tommy is now letting go of the handle. Oliver has successfully convinced him to stay and listen, interesting him enough to not want to leave. A part of him wishes he would have failed, so he doesn’t have to actually get to telling this part.

“He begged me to cut him free, terrified those men would come back and finish what they started,” he says, dragging it out, because he doesn’t want to say it, until he has to. He is quiet for a beat, taking a harsh breath, before he rips the band aid off: “I didn’t cut him free. I left him there.”

Oliver looks at the ground, determined not to see Tommy’s expression and glad for that determination when an outraged Tommy exclaims: “What the hell, man! Why not?”

He looks up, his eyes filled with emotions that are warring in his chest as he admits: “Because I didn’t know him, Tommy. I left him there to die, because I couldn’t confirm his story and we couldn’t use a liability.”

Tommy is quiet for a moment, then scoffs: “So what? Am I the liability? Is that what you’re saying?”

He had a whole point with the story, about how he doesn’t know anyone anymore. That he knows they’ve all changed, but he doesn’t know how and he can’t risk it. But having Tommy think that… it’s the worst. Tommy has always been too good. Oliver must rectify it immediately.

“No!” the word comes out quick and harsh, followed by a waterfall of words that had been trapped inside him and now come rushing out: “It’s me. Can’t you see that? For five years, I had to mistrust everyone, try to find their masks, before it got me. Because that guy? He wasn’t a student on a field trip at all. He was one of them. When we got captured, he was there, manning their equipment. It was a trap. I made the right call by leaving someone to die, Tommy.”

His breathing is harsh now and Tommy has recoiled from him when he started talking, his voice getting louder and louder.

When he opens his mouth again, his voice is softer, almost a whisper and coated in shame: “I see that you’ve changed. I see it, Tommy, I do. But a part of my brain can’t help but wonder if it’s a mask, a ruse. When it’s gonna drop and how it’s going to screw me over. Mistrusting everyone comes so much easier to me now.”

He swallows and admits: “It’s not you, it’s everyone. I don’t trust my mom when she says that I’m home, that I’m safe and she loves me. Don’t trust Thea when she hugs me, afraid she’ll have a knife at my back. And that’s on me. Not them.”

He meets Tommy’s eyes, tears in his own, though he valiantly fights them down. He has turned off his emotions for years now, he can manage not crying, no matter how hard it is. Across from him, Tommy looks shocked and a little heartbroken. Oliver wishes he wasn’t used to getting that expression from people, confirming how fucked in the head he is.

“I am so sorry that I thought you dealt those drugs. I know you better than that- I should know you better than that. It’s not a mask with you, it couldn’t have been. Anyone who’d fly across the world to find me, wouldn’t be going behind my back,” Oliver says, needing Tommy to understand.

At first it looks like it’s going to work, like opening up is actually going to help. Which is great, because he’ll keep his friend, but horrible, because then he might have to do it more.

However, then Tommy frowns and suspicious he asks: “How did you know I’d flown across the world to try and find you?”

“Uhm, Laurel mentioned it,” Oliver says, kicking himself for bringing it up.

“No, she couldn’t have. No one knew, except my dad. I didn’t want to give anyone false hope,” Tommy shakes his head. “You couldn’t have known, unless- unless you were there.”

Oliver’s heart stops. He never should have let that slip, how could he have been so stupid. Now, he needs to do damage control as quickly as he can. Tommy can never – never – end up on Amanda’s radar.

“Tommy, look at me, look at me right now,” Oliver snaps, moving towards the other as fast as he can to grab his face to force him to meet his eyes, having to force himself to not care about how Tommy flinches back and struggles. “You cannot tell anyone, and I mean anyone, about Hong Kong.”

“So you were really there?” Tommy asks, his voice distorted by Oliver’s grip, which would have been funnier were it not for the betrayal that’s in there too.

“Promise me you won’t tell,” Oliver insists.

“Did you see me?” Tommy demands, not replying to Oliver.

Oliver lets go of his face to shake his shoulders, repeating: “Promise me you won’t tell.”

“Not until you tell me how you know,” Tommy says angrily.

After quickly running through all his options, Oliver admits: “I was the one that kidnapped you. Now promise me.”

“What the hell, man!”

“Promise me,” Oliver yells.

“You just said you kidnapped me! You were not on that island. Why the hell would you not come home? Why would you lie about that? Why would you hide that?”

“Just promise me you won’t tell, it’s important.”

“Why?”

“Because they might come for you,” Oliver explodes.

“Who?” Tommy explodes right back.

“The- the people that got me from the island,” Oliver says, quietly, looking around as if he expects Amanda to appear from the shadows.

“Oliver, tell me what happened,” Tommy asks. He isn’t angry anymore, but confused and obviously hurt, as well as concerned. He’s so Tommy. So like his mother. Oliver has never been good at saying no to Tommy, it’s how they got into so much trouble together.

He sighs, looks around, then drags Tommy down to the basement, making sure to close the door behind him and sweep the room.

“Uhm, you’re- you’re kind of scaring me, dude,” Tommy chuckles nervously.

“Good,” Oliver says, giving him a glare. Before taking a centering breath. He doesn’t want to be mad at Tommy. It’s not his fault.

“The wrong kind of people heard about what happened on the island. We stopped those mercs. Not because it was the right thing to do or some noble reason or whatever. They were a threat to me, so they had to go, and they had a possible way off the island, which was good. We took them down, because of selfish reasons,” Oliver says.

“We? Your friend, the spy dude?” Tommy asks.

“Yes,” Oliver says, seeing no reason in mentioning Shado… or Sara. “He- He didn’t make it. I did.” It still hurts to say that, no matter how many years have passed and how it ended between them. He still misses his friend, despite what he turned into.

“I’m sorry.”

“It’s okay.”

“So, uhm, the wrong people heard? What does that mean?” Tommy says, an obvious prompt to get him to talk and get the uncomfortable silence to end. Oliver misses the time their silences were never uncomfortable.

“At first I actually thought they rescued me,” Oliver says bitterly. “But they just needed me to break in somewhere. As a dead man, no one would notice if I didn’t come back. And no one would suspect it was me. Perfect fall guy.”

“That’s seven kinds of fucked up.”

“Tell me about it,” Oliver grins, though it’s more a quirk of his lips these days. “I tried to escape, logged into my email, before I was recaptured.”

“It was really you,” Tommy breathes, still a little disbelieving.

“It was,” Oliver confirms. “A few days later, I find myself on a rooftop with a gun pointed at your head.”

“What?” Tommy chokes.

“They needed me inconspicuous. You can’t be that if there is someone going around town with your picture. They needed you off the board. I didn’t want to shoot you.”

“And you didn’t, because I would have known that.”

Oliver smiles at the reaction, a bit of his guilt alleviated by Tommy’s ability to make a joke about the whole situation. “No, I didn’t,” he agrees. “The kidnapping you was necessary to get you out, because if I didn’t take you off the board, someone else would have. And they wouldn’t have hesitated in pulling that trigger.”

Tommy pales and swallows heavily, retroactively scared for his life, which had been in danger without him even knowing. Oliver wishes he could take that fear, that Tommy would have never known that he had a gun pointed at him, that he tranquilized him and took him to a warehouse where he scared the shit out of him.

“So you saved my life?” Tommy squeaks after a second. And Oliver’s heart lets out a rush of warmth while breaking. Of course Tommy would see that as saving his life, not endangering it.

“I made sure you weren’t killed, sure,” Oliver agrees, because he doesn’t feel like flaying himself open more than he already has. This is why he doesn’t open up to anyone, it just invites questions and feelings.

“Did you do the break in for them?” Tommy asks.

Oliver nods tightly. “Not much else I could do,” he says, trying to forget seeing everyone here, being home, as well as the devastation in Hong Kong. Akio dying, General Shrieve tortured. Both by his hands.

“And what then, this was years ago. Did they keep you captive?” Tommy demands to know, which is valid, since he did say he was on the island for five years when he obviously wasn’t.

The more Tommy knows, the more danger he’s in, he doesn’t need to know about the Bratva and he probably wouldn’t believe the magic bit. Yeah, if he tells him about the magic bit, he’ll probably end up right next to the Count.

So he tells another half truth, pretending to be sincere, because that’s his entire life at this point. At least he doesn’t have to fake the bitterness when he says: “When it was done, they drugged me and dropped me right back on that god forsaken island. Covering up their tracks. I suppose I should be grateful they kept their end of the bargain and didn’t kill me.”

Tommy has wide disbelieving eyes and he staggers to the chair Felicity usually sits in as he processes everything Oliver just told him.

Oliver gives him a minute or so, before he softly says: “You’re free to walk away, Tommy. You’re free to hate me for lying to you about it, or suspecting you for the drugs. I’m fine with that. But, please, promise me you won’t tell anyone I was off that island.”

“You think they’re still watching you?” Tommy hisses, looking around now too, much like Oliver did earlier.

“I don’t think they have someone trailing me, but they likely will show up if rumors about this start going around,” Oliver says honestly. Amanda likes her status quo, she won’t let Oliver risk her operation.

“Fuck, man,” Tommy says, letting out a deep breath. He leans back in the chair and rubs his face, while Oliver studies him nervously.

Tommy hasn’t retracted his quitting, nor has he reacted beyond telling Oliver how fucked it all was, which is nice and strange. Oliver does know what happened to him was kind of fucked up, but fucked up has become his normal that he didn’t even realize until he saw Tommy react to what he told him.

“Are you still going to quit?” Oliver asks after a bit, unable to take the silence that is interspersed with mutterings of that’s so fucked up from his friend.

“I’m still a bit mad at you,” Tommy says and Oliver feels his gut churn, so much for opening up to people. “However,” Tommy goes on, “I would also be a suspicious fuck if that shit happened to me, so when I- when I process all… this, uhm, I’ll- I’ll get back to you.”

“…So I shouldn’t look for your replacement?” Oliver inquires shyly, unable to stop the bit of hope that creeps into his chest.

“Nah, man, this is our club, right?” Tommy smiles. “Just gimme a few days and we’ll be cool.”

“Thank you,” Oliver says and he has never meant two words more.

Tommy is still kind, not hardened by the world the way Oliver is. He still forgives easily, forgets just as quick. It will get him killed some day, but Oliver doesn’t want him to stop. Learning that the world is unforgiving is not fun and he doesn’t want Tommy to have to learn it, doesn’t want him to loose that innocence.

His darkness is forever a part of him, no matter how much he puts it into the Hood, it still haunts his every interaction. Today has shown him that much. However, not everyone is like him and that’s good. That’s the best actually. He hates who he is, he wouldn’t want anyone to be like him.

Oliver vows to keep an eye on Tommy, make sure he’s not being too kind to the world that will never be kind back and will never deserve that kindness. Because Oliver is being given that kindness now, and he cherishes it. He’ll preserve it in Tommy, keep the darkness as far away from him as possible.

At that point, Oliver couldn’t have known how hard that promise would be to keep. How Tommy would hurt due to the sins of his father, much like Oliver does. How Oliver would wish, he hadn’t tried to preserve that kindness, because it’s the lack of kindness that has helped him survive regardless and it’s the excess Tommy has of it, that gets him killed.

But that’s the future. Right now, he’s happy that his friend is still there with him, that he didn’t royally screw up everything he touches. That despite the darkness of the Hood, Oliver Queen still has enough humanity to have people like Tommy in his life.

A/N:

Do I think Oliver – especially season 1 Oliver – would ever open up like this? No. But I like him talking about Lian Yu, so he will here for my entertainment.

#rr writing #green arrow #arrow #cw arrow #arrowverse #arrowverse fanfiction #cw arrow fanfic #oliver queen #tommy merlyn #arrow 2012 #oliver queen talks about the five years he was gone #dc #dc comics #detective comics

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head-post · 5 months ago

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British MI5 issues alert on Chinese spy to divert attention from PM scandal

The UK’s domestic spy agency MI5 issued an alert calling a woman a Chinese agent to allegedly divert attention from a COVID lockdown party scandal involving former prime minister Boris Johnson, according to Reuters.

In January 2022, MI5 issued an alert about lawyer Christine Lee. The agency claimed she was “involved in political interference activities” in the United Kingdom on behalf of the ruling Chinese Communist Party.

The warning was circulated among lawmakers by the Speaker of the House of Commons, who stated MI5 discovered that Lee had “facilitated financial donations to serving and aspiring parliamentarians on behalf of foreign nationals based in Hong Kong and China.”

Lee is now suing MI5 for unspecified damages. She claimed the agency acted unlawfully and unreasonably. At an Investigatory Powers Tribunal hearing on Monday, her lawyer Ramby de Mello read out a message sent to Lee from Barry Gardiner, an MP for the opposition Labour Party. Gardiner claimed he had received hundreds of thousands of pounds worth of donations from her.

He also stated “many people” believed that the timing of the alert was intended to divert attention from Johnson’s admission of an unlawful gathering at Downing Street during the first COVID lockdown. The day before the notice was issued, Johnson had apologised to parliament for attending a “bring your own booze” gathering that had been held at his official residence.

I had never believed that the Security Services would be overtly party political in that way. What has been suggested to me is that the Security Services may have wished to ‘pick a fight’ or to ‘detract attention’ from something else and that we were simply collateral damage.

De Mello stated that MI5 did not have the authority to issue an “unprecedented” notice alleging that Lee had engaged in political interference on behalf of the United Front Work Department of the Chinese Communist Party.

In their written statements, MI5’s lawyers claimed the alert (IA) was announced on national security grounds. It also aimed to protect parliamentary democracy from foreign interference.

The respondent assessed that (Lee) posed a risk of this nature, and its judgment was that the issuing of the IA was the most effective and proportionate means to address that risk. Those assessments were rational and lawful.

The hearing continues on Tuesday.

Read more HERE

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businesspromoting · 1 month ago

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Hong Kong Companies Database

In today’s hyper-competitive business environment, staying ahead of the competition is crucial for success. Companies databases provide access to valuable competitive intelligence, allowing businesses to benchmark their performance against industry peers, track competitor movements, and identify areas for improvement. By analyzing key metrics such as market share, revenue growth, and customer satisfaction, businesses can develop strategies to gain a competitive edge and drive growth. Hong Kong Companies Database are indispensable tools for businesses of all sizes and industries. Whether you’re conducting market research, generating leads, assessing risks, or gaining competitive intelligence, companies databases provide the data-driven insights needed to make smarter decisions and achieve business success. With access to accurate and comprehensive data at your fingertips, the possibilities are endless. Unlock the power of companies databases and take your business to new heights.

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crypto-badger · 1 month ago

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Gamified Options Protocol Hits $500k in Trade Volume in 5 Days: A New Era for Options Trading:

Options trading is often perceived as complex and intimidating, even for those with a theoretical understanding of option pricing. Successfully navigating this market requires not only an accurate assessment of market direction but also the patience to master often confusing user interfaces. This intricacy can deter potential traders from exploring the opportunities that options offer, creating significant barriers to entry.

Recognizing these challenges, PokPok is breaking new ground by offering a gamified approach to options trading. This platform opens up the world of options for communities of NFT enthusiasts, gamers, and newcomers who may have previously been hesitant to engage. Unlike traditional platforms such as Deribit or Bybit, PokPok blends gaming with finance in an innovative way, making options trading accessible and engaging.

In PokPok’s ecosystem, users participate in high-stakes "chicken farming," where each action mirrors key steps in real options trading. By "raising" profitable chickens—essentially executing successful trades—players are rewarded with $PEGG (Golden Eggs), an in-game currency that represents both a gaming asset and a financial tool. With an initial APR of 10,000% for the first 1,000 chickens staked, $PEGG is not just a reward mechanism but a valuable element within the growing PokPok ecosystem.

Players can begin trading with as little as $20, and trades are paid for in installments, allowing users to gradually increase their stake and risk at their own pace. This unique model offers full control over risk management, empowering traders to decide daily whether to keep their trades active or let them expire.

PokPok’s approach is helping to demystify options trading, making it not only accessible but also educational and fun. By lowering the barriers to entry, PokPok brings people from NFT communities, gaming, and retail finance closer to the world of options, offering them a simplified yet effective way to participate in the market.

As financial education evolves, platforms like PokPok are playing a vital role in making options trading more inclusive, bridging the gap between gaming and traditional finance.

About PokPokPokPok combines interactive gameplay with financial education, offering users an engaging way to learn about options trading. PokPok recently won first place at the WOW Summit in Hong Kong, 2024.

Website: https://pokpok.io

Game: https://game.pokpok.io

Twitter: https://x.com/pokpok_io

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inkovsky · 2 months ago

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After opening 56 points higher at 18,069 points, the Hang Seng Index once rose 341 points to 18,355 points. It rose 245 points or 1.36% to 18,258 points for the whole day, rising for the sixth consecutive trading day. The Technology Index rose 52 points or 1.43% to 3,703 points. Main board transaction volume was HK$176.8 billion.

For the whole week, the Hang Seng Index rose by 889 points or 5.12%.

It retreated after reaching the resistance zone last Friday and may consolidate in the short term. It is expected that the 100-DMA (17,883) will provide support. U.S. stocks rose across the board overnight, which was positive for the market sentiment. However, the recent rise in Hong Kong stocks has been mainly driven by technology stocks. The performance of heavyweight stocks such as HSBC Holdings (00005) and China Special Assessment has been sluggish. In addition, the market is still concerned about the mainland economy and corporate profitability. The market lacks upward momentum. The Hang Seng Index will continue to trend in the future. The situation is rampant between 17,200 and 18,400 points. However, if the U.S. 10-year Treasury bond yield is 3.7 to 3.8% and the risk premium falls back to the historical average, the Hang Seng Index is expected to break through the dilemma and cross 18,500 points, looking towards the May high of 19,706 points. This sharp rise requires the mainland to increase its stimulus policies and promote the restoration of fundamentals. It is recommended to continue to pay attention to the Internet, non-Chinese high-dividend stocks and real estate stocks.

European stock markets came under pressure, with British, French and German stocks falling 1.19%, 1.51% and 1.49% respectively.

Friday is the "fourth settlement day" for U.S. stocks, which is the settlement day for futures and options on indexes and individual stocks, involving an expiring contract value of US$5.1 trillion. According to past records, market conditions on this day are generally volatile. After the Dow opened 65 points lower, the decline once expanded to a maximum of 159 points, reaching a low of 41,865 points, and then rose by 113 points to a high of 42,138 points; the S&P 500 fell by as much as 0.69%, and the Nasdaq once fell by 0.99%.

At the close of the U.S. stock market, the Dow Jones Industrial Average rose 38 points, or 0.09%, to 42,063 points; the S&P Index fell 0.19% to 5,702 points; and the Nasdaq Composite fell 0.36% to 17,948 points.

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l-in-c-future · 2 months ago

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To understand which assumed transshipment points could be used to facilitate trade with Russia, it is important to first understand the impact sanctions have had on Russia’s ability to import goods from other countries. S&P Global Market Intelligence extracted data from customs agents and national statistical authorities to highlight individual country exports to Russia.

To date, Hong Kong has not sanctioned Russia and remains one of Russia’s key trade partners for goods relating to electronic and communications equipment, specifically semiconductors and microchips

The largest exponential increase in exports of Tier 1 items to Russia came from Armenia, India, Turkey and Kazakhstan. In 2023, Armenia and Kazakhstan exported approximately $25.5 million and $18.3 million worth of Tier 1 items, respectively, whereas in 2021, there was almost no reported trade. Goods classified under "HS Code 854239: Electronic integrated circuits" were the most exported in 2023.

#Russian sanction #illicit trade flows #ukraine war #dual purpose items

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sunnyworldwidelogistics · 2 months ago

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Shipping to Colombia, Mateo Didn’t Choose Us at First, but Later Regretted It

On May 29th, I received an inquiry from Mateo, a customer from Colombia, about shipping a batch of dishwashing sponges (5.4 CBM/450 KG) to Colombia.

It was late Friday, almost closing time, and the airline office had already closed. I gave Mateo a quote, but he didn’t respond immediately, likely because he was still looking for other logistics companies or maybe busy with other matters.

The following Monday, Mateo told me he found a lower price and asked if we could match it. Mateo is the type of customer who only looks at price, not service. Many people shipping to Colombia focus solely on cost, but price is just one part of the equation. Price, speed, and service all matter—each plays a crucial role. If there are no issues, it’s fine, but when problems arise, that’s when you see the real difference in how logistics companies handle issues and take responsibility. Many of our customers shipping to Colombia come back to us because of the quality of our service.

We’ve worked with industry giants like Huawei, Costco, and SF Express, along with over a hundred other major companies. Partnering with such large firms is proof of our reliability and cost-effectiveness. Big companies are very thorough when choosing a logistics partner; they assess the company's strength, scale, service capabilities, background, and history of disputes, and they even conduct site visits before signing contracts.

So, I regretfully informed Mateo that we couldn't match the price, and he understood. The next day, Mateo told me he found an airline service flying from Hong Kong to Colombia and needed help with the Shanghai to Hong Kong leg. To save costs for him, I suggested options including direct flights from Shanghai to Hong Kong or a route via Shenzhen. Later, it seemed his supplier and Mateo coordinated, so they handled delivery to Shenzhen, and then from Shenzhen to Hong Kong.

Everything was going smoothly until Mateo’s Hong Kong logistics agent became unreachable. I was worried! My WhatsApp messages were being read but not answered, and calls weren't going through. Due to the time difference, I left a message for Mateo asking him to help sort it out. When we finally got in touch with the agent, their responses were painfully slow.

Normally, you need a warehouse number or entry paper for delivery, but the Hong Kong agent took forever to provide these, so the goods sat in Shenzhen without moving to Hong Kong. If items aren't delivered promptly at the port, extra charges rack up, which isn't cost-effective for the customer. I explained this to Mateo. After many back-and-forths, we finally got all the necessary documents and arranged the cross-border delivery.

This experience shows why some logistics companies can offer lower quotes—because they cut corners on service. You get what you pay for. To maintain operations with low prices, they have to compromise on efficiency and service quality.

Just when things were at their peak, Mateo’s payment agent informed us there was an issue with their account, and all payments would be delayed. This made me a bit anxious, as it violated the contract terms and could pose risks. However, not arranging delivery due to delayed payment would incur even more costs.

I didn’t hide my concerns and explained them directly to Mateo. He understood and reassured me by sharing his details and promising that payment would be made before delivery. I chose to trust him. Luckily, the payment arrived on the same day I delivered the goods. A few days later, Mateo told me that he received everything intact.

Even though we only handled a small part of the shipping to Colombia, Mateo felt our genuine service throughout. He was touched and said we were one of the few truly responsible logistics companies. We didn’t shirk responsibility when issues arose; instead, we actively found solutions, which is what a responsible logistics company should do. Mateo mentioned he has another shipment coming in a week, and he will definitely work with us again.

Opening up to customers, offering solutions, and wholeheartedly resolving issues when they occur leaves a lasting impression, paving the way for future cooperation.

We have our dedicated foreign trade warehouse at Yantian Port, one of only three among 60,000 peers in Shenzhen. We also own an 1,800-square-meter A-grade office space, ranking us among the top three in the industry. Plus, we have our own fleet of container trucks, which only 10% of our peers possess. Feel free to contact me if you need any assistance!

#Shipping to Colombia

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computer430 · 2 months ago

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How to Maximize Your Investment When Buying Intel Pentium E5800 CPUs in Bulk

Buying Intel Pentium E5800 processors in bulk can be a strategic move for businesses and tech enthusiasts looking to save costs and streamline operations. However, to truly maximize your investment, it’s essential to approach the purchase with careful planning and strategic thinking. Here’s a guide on how to make the most of your bulk purchase of Intel Pentium E5800 processors.

1. Understand Your Needs

Before making a bulk purchase, it’s crucial to assess your actual needs. The Intel Pentium E5800 is known for its solid performance in budget-friendly computing tasks, but understanding how many processors you need and for what applications will help you avoid overbuying. Are you stocking up for a series of projects, or is this for long-term inventory? Clarifying your requirements will guide your purchase and prevent unnecessary expenditure.

2. Research Reliable Suppliers

Finding a trustworthy supplier is key to securing a good deal. Look for suppliers with a solid reputation and positive reviews. In Hong Kong, where the market is competitive, you can leverage online platforms and industry networks to identify reliable sources. Evaluate their credentials, check for certifications, and ask for references if necessary. A reputable supplier will offer not only competitive prices but also assurance of product quality and support.

3. Negotiate Terms

Bulk purchases often come with room for negotiation. Don’t hesitate to discuss terms with your supplier. Negotiate for discounts on large orders, flexible payment terms, and favorable shipping arrangements. Some suppliers might offer better rates or additional perks if you’re willing to commit to a larger volume or a long-term partnership.

4. Check Product Authenticity

Ensure that the processors you’re buying are genuine and come from legitimate sources. Counterfeit or substandard products can lead to performance issues and potential losses. Request certificates of authenticity and verify serial numbers if possible. Reliable suppliers should be transparent about the origin and condition of their products.

5. Consider Storage and Handling

Proper storage and handling are essential to maintain the quality of your processors. Ensure that you have suitable facilities for storing bulk quantities of electronics. Keep them in a cool, dry environment to prevent damage. Proper handling procedures will also minimize the risk of physical damage during storage and transportation.

6. Plan for Inventory Management

Buying in bulk requires effective inventory management. Implement a system to track your stock levels and manage usage efficiently. An inventory management system can help you avoid shortages or overstock situations, ensuring that you always have the right amount of processors on hand when needed.

7. Evaluate Future Needs

While buying in bulk can be cost-effective, it’s important to consider your future needs. The technology landscape evolves rapidly, and newer processors may become available. Assess how the Intel Pentium E5800 fits into your long-term strategy and whether it will continue to meet your needs as technology advances.

8. Build a Relationship with Your Supplier

Establishing a good relationship with your supplier can be beneficial for future purchases. A strong partnership might lead to better deals, priority support, and more favorable terms in subsequent transactions. Communication is key — keep in touch with your supplier and provide feedback to foster a positive working relationship.

9. Stay Informed About Market Trends

Keep yourself updated on market trends and price fluctuations. Understanding the market dynamics can help you make informed decisions and time your purchases strategically. Being aware of new product releases or changes in demand can also help you adjust your buying strategy accordingly.

10. Assess Post-Purchase Support

Finally, consider the level of post-purchase support provided by your supplier. Good customer service and support can be invaluable if you encounter any issues with your processors. Ensure that your supplier offers reliable after-sales support and warranty options to safeguard your investment.

By following these strategies, you can effectively maximize your investment when buying Intel Pentium E5800 processors in bulk. Careful planning, research, and management will ensure that your purchase is both cost-effective and beneficial in the long run.

Want to buy Intel Pentium E5800 processors in bulk from vstl?

If you’re looking to purchase Intel Pentium E5800 processors in bulk, consider sourcing from VSTL. Renowned for their competitive pricing and reliable service, VSTL provides a robust supply of these processors, ideal for various computing needs. Their bulk purchasing options are designed to offer significant cost savings while ensuring product authenticity and quality. With VSTL’s expertise, you can confidently meet your bulk procurement requirements and support your projects effectively.

#vstl #Intel Pentium E5800 processors #buy #bulk #supplier

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onlinecompanynews · 2 months ago

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Everbright Grand China Announces 2024 Interim Results - Journal Important Web https://www.merchant-business.com/everbright-grand-china-announces-2024-interim-results/?feed_id=180554&_unique_id=66ce906934eeb HONG KONG, Aug 27, 2024 – (ACN News... BLOGGER - #GLOBAL HONG KONG, Aug 27, 2024 – (ACN Newswire) – Everbright Grand China Assets Limited (“Everbright Grand China” or the “Group“; HKEX stock code: 03699.HK), a subsidiary of China Everbright Group, principally engaged in the businesses of property leasing, property management and the sales of properties held for sale, announced its interim results for the six months ended 30 June 2024 (“Reporting Period”).During the Reporting Period, the Group’s revenue amounted to approximately RMB23.9 million, representing an increase of approximately RMB1.8 million as compared to the same period of last year (2023: RMB22.1 million). The increase in revenue was mainly attributable to the increase in revenue from management services. Profit attributable to equity shareholders of the Company amounted to approximately RMB11.4 million (2023: RMB13.3 million), representing a decrease of approximately RMB1.9 million as compared to the same period of last year, which was attributable to the decrease in valuation gains on investment properties. Basic earnings per share was approximately RMB0.03 (2023: RMB0.03). Considering that the current operating environment remains relatively challenging, the Board declared an interim dividend of RMB0.78 cents (equivalent to HK$0.85 cents) (2023: RMB1.06 cents (equivalent to HK$1.16 cents)) per ordinary share for the six months ended 30 June 2024 as a token of appreciation to shareholders for their continuous support. In the second half of the year, the Company will decide on dividend distribution taking into account factors such as business development needs, financial performance and capital position, as well as performance growth, in order to bring the best return to the Company’s shareholders and investors.In 2024, following two consecutive years of slowdown, the global economy is in the process of returning to a “normal” state, although growth remains relatively subdued with weakening momentum. Challenges such as interest rate hikes in Europe and the United States, decreasing inflation, and geopolitical risks have added uncertainties to the outlook for recovery. Despite this, the Chinese economy began the year positively in the first half of 2024. While growth momentum has softened, economic operations have remained relatively stable, showing signs of gradual improvement. The Group primarily manages commercial properties and has been attentively monitoring market developments and actively deploying strategies to carefully assess market conditions, adjust rental rates reasonably and seize opportunities to develop new tenants.Property LeasingThe continued recovery in consumer spending is set to become the core driver of economic growth in China in 2024, boosting demand for leasing in the commercial property sector. During the Reporting Period, rental income amounted to approximately RMB16.3 million (2023: RMB16.2 million), representing an increase of approximately RMB0.1 million as compared to the same period of last year. During the period, the average occupancy rate of the properties was approximately 77% (2023: 73%).Property Management ServiceFollowing unprecedented economic challenges, the development strategy of property management enterprises has undergone a significant transformation. Their strategic direction has become more prudent, shifting away from blind pursuit of scale expansion. The Group emphasizes the refinement and enhancement of service quality while adopting a “stabilize before expand” approach, aiming to maintain stable cash flow and business growth. During the Reporting Period, revenue from property management services amounted to approximately RMB7.6 million (2023: RMB5.9 million), representing an increase of approximately RMB1.7 million

as compared to the same period of last year, which was mainly attributable to the increase in revenue from value-added management services.Investment PropertiesAs at 30 June 2024, the fair value of investment properties amounted to RMB962.3 million (31 December 2023: RMB959.5 million). The valuation gain on investment properties for the six months ended 30 June 2024 amounted to RMB1.0 million (2023: RMB5.4 million), representing a decrease of approximately RMB4.4 million as compared to the same period of last year.As at 30 June 2024, the Group held cash and bank balances of approximately RMB223.3 million (31 December 2023: RMB222.2 million). The Group’s gearing ratio (measured as the Group’s total liabilities divided by total assets) was 18.1% (31 December 2023: 18.6%) with a solid liquidity position.In the first half of 2024, the Group’s tenant and leasing contracts and occupancy rates continued to remain stable. Meanwhile, the Group maintained a healthy financial position with zero debt and strong cash flow during the period under review. In light of the promising domestic and international environment, the Group will continue to focus on property investment in the future, and prudently identify suitable new investment projects with potential for long-term returns.ProspectsAs innovation in the digital economy continues to progress, China is actively driving its digital transformation. Property management companies are undergoing hardware upgrades and software enhancements to leverage intelligent technologies for operations simulation, optimized staffing, and the proactive advancement of industrial transformation. These enterprises have successfully implemented digital operations across various scenarios. With the ongoing evolution of technologies like artificial intelligence, it is anticipated that property management companies will soon experience the practical application of these advanced technologies, potentially elevating their service quality and management capabilities to new levels.Looking forward, the Group intends to uphold a prudent business strategy, emphasizing quality and steady progress. In additon, it will actively align with national policies, carry out effective initiatives to maintain market value, prioritize risk management and internal controls, and strive to generate long-term and sustainable value for shareholders. By actively adapting to national policies and industry shifts, the Group aims to expand its brand influence within the property management sector, ultimately creating greater societal value.– End –Topic: Press release summarySectors: Real Estate & REIThttp://www.acnnewswire.comFrom the Asia Corporate News NetworkCopyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.“HONG KONG, Aug 27, 2024 – (ACN Newswire) – Everbright Grand China Assets Limited (“Everbright Grand China” or the “Group”; HKEX stock code: 03699.HK), a subsidiary of China Everbright Group,…” http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/08/grand-tang-dynasty-ever-bright-city-kaiyuan-age-sculpture-group-768.jpg #GLOBAL - BLOGGER HONG KONG, Aug 27, 2024 – (ACN Newswire) – Everbright Grand China Assets Limited (“Everbright Grand China” or the “Group“; HKEX stock code: 03699.HK), a subsidiary of China Everbright Group, principally engaged in the businesses of property leasing, property management and the sales of properties held for sale, announced its interim results for the six … Read More

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orlessioi · 3 months ago

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How To Maintain Rooftop Garden Design and Maintenance in Your Home

Rooftop gardens have become a popular trend in urban settings, providing a green oasis amidst the concrete jungle. They not only enhance the aesthetic appeal of your home but also offer environmental benefits, such as improving air quality and reducing heat. However, maintaining a rooftop garden requires careful planning and regular upkeep, especially in a bustling city like Hong Kong. In this blog post, we'll explore the best practices for rooftop garden design and maintenance in your home, with a focus on Professional Gardening Care in Hong Kong.

1. Assessing Your Space and Environment

Before diving into the creation of a rooftop garden, it's essential to assess your space. Understand the structural capacity of your roof to support the weight of plants, soil, and containers. The climate in Hong Kong is subtropical, so consider plants that can thrive in high humidity and varying temperatures.

Consult with a professional gardening service, like Orlessioi, which specializes in Professional Gardening Care in Hong Kong. Their expertise can help you determine the right plants, soil types, and irrigation systems that will best suit your rooftop garden. Orlessioi's team can also evaluate whether your space needs additional waterproofing or insulation before you begin planting.

2. Selecting the Right Plants

Choosing the right plants is crucial for the success of your rooftop garden. In Hong Kong, opt for native species or plants that are known for their resilience in urban environments. Some popular choices include succulents, herbs, and small trees that can withstand the heat and humidity.

To ensure your garden thrives, consider integrating a mix of ornamental plants and edible herbs. This not only adds visual interest but also provides fresh ingredients for your kitchen. When selecting plants, always keep in mind the amount of sunlight your rooftop receives. Shadier areas might require shade-tolerant plants, while sunnier spots are perfect for sun-loving species.

3. Creating a Sustainable Watering System

Water management is one of the most critical aspects of rooftop garden maintenance. Overwatering or underwatering can both lead to plant stress and failure. Installing an efficient irrigation system, such as drip irrigation, can ensure that your plants receive the right amount of water without wastage.

For those seeking Professional Gardening Care in Hong Kong, a service like Orlessioi can design and install a sustainable watering system tailored to your garden's needs. This might include rainwater harvesting systems or automated irrigation that adjusts based on weather conditions. Regular monitoring and maintenance of these systems are vital to avoid leaks or blockages.

4. Soil Management and Fertilization

Healthy soil is the foundation of a thriving garden. For rooftop gardens, it's essential to use lightweight, well-draining soil mixes that won't put too much strain on the building's structure. Additionally, regular fertilization is necessary to replenish nutrients in the soil.

In urban environments like Hong Kong, where pollution can affect soil quality, consider using organic fertilizers and compost. These natural options promote healthy plant growth without the risk of harmful chemicals leaching into the environment. Professional gardening services can test your soil and recommend the best fertilization schedule for optimal growth.

5. Routine Maintenance and Care

Maintaining a rooftop garden requires ongoing attention. Regular tasks include pruning, weeding, and checking for pests or diseases. Mulching is another critical practice that helps retain soil moisture and reduces weed growth.

To ensure that your garden remains vibrant and healthy year-round, consider scheduling regular maintenance with a Professional Gardening Care in Hong Kong provider. They can handle more complex tasks like pest control, seasonal planting, and structural inspections. Regular check-ups by professionals can prevent small issues from becoming major problems.

6. Seasonal Adjustments

Hong Kong's climate varies throughout the year, with hot, humid summers and cool, dry winters. It's important to adjust your gardening practices accordingly. During the rainy season, ensure that your garden has proper drainage to prevent waterlogging. In the drier months, increase watering and consider using shade cloths to protect plants from harsh sunlight.

Seasonal adjustments also include rotating crops or introducing new plants that are better suited to the current weather conditions. This keeps your garden dynamic and resilient.

Conclusion

Maintaining a rooftop garden in your home is a rewarding experience that offers numerous benefits, from improved air quality to a peaceful retreat in the heart of the city. By following these tips and enlisting the help of experts in Professional Gardening Care in Hong Kong, like Orlessioi, you can create and sustain a thriving green space that enhances your living environment. With the right care and attention, your rooftop garden can flourish year-round, bringing a slice of nature into your home.

#garden maintanance #garden tips #roof top garden maintanance

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trendingreportz · 3 months ago

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On Shelf Availability Solution Market - Forecast(2024 - 2030)

On Shelf Availability Solution Market Overview

The global On Shelf Availability Solution market size is forecast to reach $4.7 billion by 2027, growing at a CAGR of 7.2% from 2022 to 2027. The on-shelf availability solutions are deployed in various end user industry verticals, such as Warehouses, E-Commerce Websites, Digital transformation, Response Time Analysis, Internet of Things, Retailers and more to enhance the overall inventory management of the organization. Therefore, on shelf availability solutions eliminate the risk of out-of-stock situations by monitoring and tracking each and every Stock Keeping Unit (SKU) in real-time position. In addition, the solutions can also help identify if an item is misplaced within a facility, thereby further improving the overall efficiency of the end user’s operations. The rapid surge in the adoption of online shopping after the COVID-19 pandemic is anticipated to play a major role in driving the market as the sudden growth in demand faced by e commerce websites is increasing the need for enhancing supply chain efficiency. Through the use of on shelf availability supply chain management solutions and radio frequency identification technology, key players in the e commerce sector will be able to reduce the time and cost necessary for monitoring inventories.

Report Coverage

The report: “On Shelf Availability Solution Industry Outlook – Forecast (2022-2027)”, by IndustryARC covers an in-depth analysis of the following segments of the On Shelf Availability Solution Industry.

By Component: Hardware, Software, Services By Technology: Fixed Cameras, Mobile Applications, Others By Deployment: On-Premise, Cloud By Application: Equipment Condition Monitoring, Store Performance Assessment, Customer Pattern Analysis, Product Identification, Detection of Misplaced Products, Planogram Compliance Verification, Inventory Management, Others By End Users: Warehouses, Suppliers, Retailers, E-commerce Websites, Consumer Packaged Goods (CPG) Manufacturers, Others By Geography: North America (US, Canada, Mexico), Europe (Germany, U.K, France, Spain, Italy, Others), APAC (China, Japan, Malaysia, Thailand, South Korea, Philippines, Hong Kong, Others), South America (Brazil, Argentina and others), RoW (Middle East and Africa)

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Key Takeaways

The hardware segment in the on shelf availability solution market segmented by component accounted for the largest market share in terms of revenue with 46.03%, in 2021.

North America accounted for the largest market share in on shelf availability solution market in terms of revenue with 37.5%, in 2021. Surge in the North American E- commerce sector after the COVID-19 pandemic and the presence of a highly developed retail and supply chain sector are some of the key factors contributing to the growth of the segment.

Growing instances of supply chain disruptions is anticipated to be a key factor driving the market for on shelf availability solutions for inventory management applications as such solutions provide end users with automatic inventory monitoring using technologies such as sensors, cameras and Radio-frequency identification (RFID).

On Shelf Availability Solution Segment Analysis- By Component

The shelf availability solution market by component has been segmented into hardware, software and services. The hardware segment accounted for the largest On Shelf Availability Solution market share in terms of revenue with 46.03%, in 2021. The rapid growth of the segment can be attributed to the large volume of various hardware systems necessary for the implementation of on shelf availability solutions in retrial stores and warehouses. For instance, sensors are required to be placed at the back of each individual shelf of retail outlets in order to accurately determine shelf availability. Hardware can help with inventory management in situations where ceiling and shelf-mounted cameras cannot. SmartSight machines, for example, can automate the process of identifying misplaced items on shelves and sales floor quantities, as well as alerting employees when certain items are running low. Amazon goes a step further with its Amazon Go Grocery model stores, which are powered by Just Walk Out. Deep learning, sensor fusion, and computer vision are all used in this project. The store's extensive network of cameras and IoT sensors can detect when a customer removes an item from the shelf and places it in their shopping cart. When a customer leaves the store, their credit card is charged for the items they purchased. Amazon.com alone has increased its monthly traffic from 2 billion in 2019 to 2.3 billion in 2020 and a record 2.8 billion in February 2021.

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On Shelf Availability Solution Segment Analysis- By Application

The on shelf availability solution market by application has been segmented into equipment condition monitoring, store performance assessment, customer pattern analysis, product identification, detection of misplaced products, planogram compliance verification, inventory management and others. The product identification segment accounted for the largest On Shelf Availability Solution market share in terms of revenue with 25.9%, in 2021. The higher share of the segment is attributed to the growth in the use of laser sensors, RFID tags and shelf monitoring cameras in the retail sector. Such devices monitor and identify individual products within the store shelves, thereby ensuring that out of stock situations does not take place. The retail business will be greatly impacted by implementing automatic product recognition in grocery stores using photos. Businesses are increasingly focusing on how to employ artificial intelligence technology to transform the retail industry's ecology and connect online and offline experiences as retail evolves at a rapid rate. Merck KGaA, a German pharmaceutical company, is pioneering the use of AI and predictive analytics across its entire supply chain. They're also conducting research on Aera Technology Inc. analytics software to "predict demand spikes, identify bottlenecks, and alleviate supply shortages for 100 products." According to Retail TrendsPlaybook2020, "the software collects supply chain data from Merck KGaA's various planning systems and, after the data is uploaded to Aera's cloud infrastructure, is analyzed by machine learning algorithms.“

On Shelf Availability Solution Segment Analysis- By Geography

By Geography, On Shelf Availability Solution Market has been segmented into North America, Europe, APAC, South America and Others. North America accounted for the largest market share in terms of revenue with 37.5%, in 2021. Surge in the North American E- commerce sector after the COVID-19 pandemic and the presence of a highly developed retail and supply chain sector are some of the key factors contributing to the growth of the segment. For instance, according to Forbes, the US E-commerce sales in 2021 increased by approximately 14.2% and represented around 13.2% of all retail sales in 2021. However, Asia pacific region is projected to be the fastest growing market over the forecast period 2022 to 2027, owing to the rapid rise in the implementation of new digital infrastructure such as 5G networks in emerging economies such as China and India. In addition, robust growth in development of AI Research and Development in China is another key factor contributing to the market growth.

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On Shelf Availability Solution Market Drivers

The growing number of supply chain disruptions is expected to the drive the market growth for the on shelf availability solution market

Growing instances of supply chain disruption is anticipated to be a key factor driving the market for on shelf availability solutions for inventory management applications as such solutions provide end users with automatic inventory monitoring using technologies such as sensors, cameras and Radio-frequency identification (RFID). This enables organizations to accurately account for existing inventory and forecast when reorders need to be placed to eliminate out of stock situations. Besides, the accurate data provided by such systems give end user industries more time to switch suppliers in case supply chain disruptions take place, thereby reducing the risk of out-of-stock situations. Some of the major causes of supply chain disruptions that took place in 2021 include COVID-19 pandemic, the blockage of Suez Canal and extreme weather events. For instance, numerous companies were left without inventories owing to the shutting down of Vietnam’s major manufacturing hub due to rising COVID-19 cases. Meanwhile, large scale lockdowns in China to combat COVID-19 and the Russia-Ukraine conflict were some of the major factors that disrupted the global supply chain in 2022. Furthermore, on shelf availability solutions enable suppliers and retailers to manage and account for safety stock more efficiently. Safety stock management is a proactive approach to inventory management that establishes a minimum volume of inventory to keep on hand. This inventory acts as a buffer to compensate for demand surges or supply shortages. The real time visibility provided by on shelf availability solutions also significantly reduce the time taken for decision making processes.

The growing application of AI in a wide range of end use industries is driving the on shelf availability solution market

Rapid growth in the adoption of AI technologies among end user industries such as retail stores and e commerce websites is anticipated to boost the adoption of AI enabled on shelf availability equipment and software during the forecast period. According to a recent study conducted by KPMG international limited, around 90% of retail business leaders stated that their employees are prepared and have the skills for AI adoption in 2021, up from only 47% in 2020. An estimated 53% of retail business leaders believed that the COVID-19 pandemic increased their company’s pace of adoption. Such growth in positive outlook towards implantation of AI in the retail sector is acting as a major boost for on shelf availability solutions. Furthermore, with advancements in AI technology, numerous retail chains are implementing autonomous retail outlets and checkout free stores. For instance, In January 2022, Aldi opened its first checkout-free supermarket where people can shop without having to scan a product.

On Shelf Availability Solution Market Challenges

The decline in global retail sales is a key challenge for the on shelf availability solution market players

Reduction in customer footfall into retail stores and overall decline in sales through retail outlets in several regions is projected to be a key factor challenging growth opportunities during the forecast period. The decline in retail shopping can be attributed to the high inflation levels in regions such as the US and Europe. For instance, according to the US Bureau of Labor Statistics report, the consumer price index (CPI) increased by 8.5% for the 12 months ending March 2022. The CPI was the largest 12-month increase since the period ending December 1981. In addition, the two categories that had the largest impact on the rising price index were food at 8.8% and energy at 6.9%. Such growth in the prices of essential items meant that spending on other non-essential items were greatly reduced, thereby directly impacting the retail sector. For instance, according to Forbes, department stores sales in March declined from that of February by approximately 0.3% in the US. Meanwhile, according to data from the British Retail Consortium (BRC), retail footfall in the UK decreased by 15.4% year-on-three-years (Yo3Y) in March 2022.

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On Shelf Availability Solution Market Landscape

Product innovations, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the On Shelf Availability Solution Market. On Shelf Availability Solution top 10 companies include:

ATLAS Technology Group

SAP SE

IBM Corporation

Retail Solutions Inc.

Mindtree Limited

Retail Velocity

BeMyEye Holdings Ltd

Shelfie Pty Ltd

Enterra Solutions LLC

Recent Developments

In January 2019, Retail Solutions Inc. Entered into a partnership with CROSSMARK, a key sales and marketing services company, to develop a new On shelf Availability solution, called the OSA 360. The solution is an Industry first, and combines RSi's proven on-shelf alerting technology with CROSSMARK's unparalleled in-store services and execution support.

In July 2021, BeMyEye Holdings announced the release of a new upgrade for their Compass App. The new upgrade comes in the form of a real-time image recognition tool, for store audits. The tool can scan shelves for products and provide related store insights for sales representatives, thereby cutting down audit times.

In April 2022, Retail Velocity announced an Upgrade for their VELOCITY Pro platform. The VELOCITY Pro 10 comes with new improved dashboards as well as an improved user interface and control centre. The new version is also capable of Item price history management and management of item hierarchies in shelves.

In April 2022, Retail Velocity announced the launch of its VELOCITY Essential platform, which is a toned-down version of the VELOCITY Pro platform. VELOCITY essential provides consumer goods manufacturers with an alternative to the more robust and expensive VELOCITY Pro. The new platform provides on shelf availability solutions to SMEs with less brands and geographical presence.

#On Shelf Availability Solution Market #On Shelf Availability Solution Market size #On Shelf Availability Solution industry #On Shelf Availability Solution Market share #On Shelf Availability Solution top 10 companies #On Shelf Availability Solution Market report #On Shelf Availability Solution industry outlook

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socialvinod · 4 months ago

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Import Toys from China to India: Challenges and Solutions

Introduction

Are you thinking about how to import toys from China to India? At OyeExpress, we understand the vast opportunities and potential profits that come with bringing a diverse range of toys to the Indian market. However, the journey from a Chinese factory to your storefront can be complex and challenging. From navigating intricate regulations to ensuring top-notch product quality, the hurdles can seem overwhelming.

The process to import toys from China to India offers lucrative opportunities but also presents several challenges. This blog will delve into these challenges and provide practical solutions to overcome them. Whether you’re a small business owner, an e-commerce seller, or a toy retailer, understanding these complexities is crucial for a successful import operation.

In this blog, we'll explore the common obstacles faced when you import toys from China to India and offer actionable strategies to address them. By the end of this guide, you'll be well-equipped to tackle these challenges head-on and streamline your import process. So, let’s dive in and make the process to import toys from China to India as smooth and efficient as possible with OyeExpress by your side!

Challenge 1: Finding Reliable Suppliers

Identifying Trustworthy Suppliers

When you're thinking about import toys from China to India, one of the first challenges you'll face is finding reliable suppliers. The market is vast, and not all suppliers will meet your quality and reliability standards. Issues with finding reliable suppliers can lead to delays, subpar products, and a lot of unnecessary stress.

Issues:

Quality Concerns: Not all suppliers adhere to the same quality standards, which can result in receiving toys that don't meet your expectations or safety regulations.

Communication Barriers: Language differences and time zone variations can make communication challenging, leading to misunderstandings and delays.

Trustworthiness: Without proper verification, you risk dealing with suppliers who might not be legitimate or reliable.

Solution: Tips on Vetting Suppliers

Finding trustworthy suppliers when importing toys from China to India is crucial for a smooth and successful import process. Here are some tips to help you identify reliable suppliers:

Use Reputable Platforms: Platforms like Alibaba and Global Sources have built-in verification processes to help ensure suppliers are legitimate. Look for suppliers with high ratings and positive reviews.

Attend Trade Shows: Trade shows like the Canton Fair and Hong Kong Toys & Games Fair are excellent places to meet suppliers in person, see their products, and establish direct relationships.

Request Samples: Before placing a large order, always request product samples. This allows you to assess the quality of the toys and ensure they meet your standards.

Check Certifications: Verify that suppliers have the necessary certifications for quality and safety standards. This is especially important for toys, which must meet strict regulations.

Third-Party Inspections: Hire third-party inspection companies to check the goods before they are shipped. This ensures that the products meet your specifications and quality standards.

Communicate Clearly: Establish clear communication channels and maintain regular contact with your suppliers. Use tools like email, WeChat, or WhatsApp to stay in touch and address any issues promptly.

Conduct Background Checks: Perform thorough background checks on potential suppliers. Look for any red flags in their business history or customer feedback.

Small Initial Orders: Start with a smaller initial order to test the supplier's reliability and the quality of their products. Once you're confident in their capabilities, you can place larger orders.

By following these tips, you can significantly reduce the risks associated with finding reliable suppliers and make the process of importing toys from China to India much smoother and more efficient.

Remember, at OyeExpress, we're here to assist you every step of the way, ensuring that your importing experience is as seamless and hassle-free as possible.

Challenge 2: Ensuring Product Quality

Maintaining High Quality Standards

When you're importing toys from China to India, one major concern is ensuring that the products you receive meet high-quality standards. The risk of receiving subpar products is real and can lead to customer dissatisfaction, returns, and even legal issues if the toys do not meet safety regulations.

Risks:

Poor Quality Materials: Toys made from low-quality materials can break easily, posing safety hazards.

Non-compliance with Standards: Toys might not adhere to Indian safety regulations, leading to legal complications.

Inconsistent Quality: Without proper checks, the quality of toys can vary greatly between shipments.

Solution: Implementing Quality Control Measures

To mitigate these risks, implementing robust quality control measures is essential when importing toys from China to India. Here’s how you can ensure high quality:

Conduct Product Inspections: Regularly inspect the products during different stages of production. This helps in identifying issues early and ensures that the final product meets your quality standards.

Hire Third-Party Inspection Services: Employ third-party inspection companies to conduct thorough checks on your behalf. They can verify the quality, safety, and compliance of the toys before they are shipped.

Request and Test Samples: Always request product samples before placing large orders. Test these samples for durability, safety, and compliance with Indian standards.

Set Clear Quality Standards: Clearly communicate your quality expectations to your suppliers. Provide detailed specifications and standards that the products must meet.

Perform Factory Audits: Conduct audits of the supplier’s manufacturing facilities. This ensures that they have the necessary processes and controls in place to produce high-quality toys.

Use Quality Control Checklists: Develop detailed checklists that cover all aspects of quality control. These checklists can be used during inspections to ensure nothing is overlooked.

Monitor Production: Keep a close eye on the production process. Regular updates and communication with the supplier can help you address any issues promptly.

Certification and Compliance: Ensure that the toys comply with relevant safety certifications and standards. This includes BIS certification for toys sold in India.

By implementing these quality control measures, you can significantly reduce the risks associated with importing toys from China to India and ensure that your products meet the highest standards.

Remember, at OyeExpress, we're committed to helping you navigate these challenges and ensuring that your importing experience is smooth and successful.

Challenge 3: Compliance with Safety Standards

Navigating Compliance Requirements

When importing toys from China to India, one of the most crucial steps is ensuring compliance with safety standards. Adhering to both international and local toy safety standards is vital to protect consumers and avoid legal issues. Non-compliance can lead to product recalls, fines, and damage to your brand's reputation.

Importance of Adhering to Safety Standards:

Consumer Safety: Ensures that the toys are safe for children, preventing accidents and injuries.

Legal Compliance: Avoids legal penalties and ensures that your products can be legally sold in India.

Market Acceptance: Builds trust with consumers and retailers, who are more likely to purchase and stock your products.

Solution: Understanding and Meeting Standards

To successfully navigate compliance requirements when importing toys from China to India, it’s essential to understand and meet the relevant safety standards. Here are the key standards to focus on:

ASTM F963: This is the standard set by the American Society for Testing and Materials for toy safety. It covers various aspects such as mechanical and physical properties, flammability, and chemical composition. Ensuring compliance with ASTM F963 helps in maintaining high safety standards.

EN71: This European standard specifies safety requirements for toys. It includes parts on mechanical and physical properties, flammability, and migration of certain elements. Compliance with EN71 is essential if you plan to export toys to European markets or if the standard is adopted in India.

Indian Standards (BIS): The Bureau of Indian Standards (BIS) has specific regulations for toys sold in India. Ensure that your toys meet these standards, including obtaining BIS certification if required.

Test and Certification: Arrange for third-party testing and certification of your toys to ensure they meet all safety standards. Accredited laboratories can provide the necessary certification and documentation.

Documentation: Maintain proper documentation of compliance, including test reports, certificates, and supplier declarations. This documentation is crucial for customs clearance and regulatory checks.

Continuous Monitoring: Regularly review and update your compliance procedures to stay aligned with changing regulations and standards.

By understanding and meeting these safety standards, you can ensure that your toys are safe for children and comply with all relevant regulations. This not only protects your customers but also enhances your brand's reputation and market acceptance.

At OyeExpress, we’re here to help you navigate these complex requirements and ensure that your importing process is smooth and compliant with all safety standards.

Challenge 4: Navigating Import Regulations

Understanding Customs and Import Procedures

Importing toys from China to India involves navigating a complex web of import regulations and customs procedures. Ensuring that you meet all legal requirements is crucial to avoid delays, penalties, and additional costs. Understanding these regulations can help streamline the import process and prevent potential issues.

Common Issues:

Customs Delays: Incorrect or incomplete documentation can lead to delays in customs clearance.

Import Duties and Taxes: Misunderstanding the applicable duties and taxes can result in unexpected costs.

Regulatory Compliance: Failing to comply with import regulations and standards can lead to fines and penalties.

Solution: Mastering Import Regulations

To successfully navigate import regulations when bringing toys from China to India, follow these steps:

Research Regulations: Familiarize yourself with Indian import regulations, including those specific to toys. This includes understanding the applicable tariffs, duties, and any restrictions or requirements for toy imports.

Prepare Documentation: Ensure that all required documentation is complete and accurate. This includes commercial invoices, packing lists, bills of lading, certificates of origin, and compliance certificates.

Work with a Customs Broker: Hire a reputable customs broker who can assist with navigating customs procedures and ensuring compliance with import regulations. They can help with documentation, tariffs, and communication with customs authorities.

Understand Tariffs and Duties: Research the tariff classifications for toys and understand the associated duties and taxes. Accurate classification of your products can help avoid overpayment of duties.

Stay Updated: Keep up-to-date with changes in import regulations and customs procedures. Regulatory changes can impact your import process, so staying informed is essential.

Pre-Clearance: Consider pre-clearing your goods through customs to expedite the import process. This can help you address any potential issues before your shipment arrives.

Customs Bond: Ensure you have a customs bond if required. This bond guarantees payment of duties and taxes and can prevent delays in the import process.

Review Import Policies: Regularly review your import policies and procedures to ensure they align with current regulations and best practices.

By mastering import regulations and procedures, you can ensure a smooth and efficient import process. Proper preparation and understanding of customs requirements can help you avoid common pitfalls and ensure timely delivery of your toys.

At OyeExpress, we're here to support you in navigating these regulations and ensuring that your import process is seamless and hassle-free.

Challenge 5: Managing Logistics and Shipping

Handling Shipping and Logistics

Effectively managing logistics and shipping is a critical challenge when importing toys from China to India. Ensuring that your products are shipped efficiently, on time, and in good condition requires careful planning and coordination. Issues in logistics can lead to delays, increased costs, and potential damage to your products.

Logistics Challenges:

Shipping Delays: Unforeseen delays in shipping can disrupt your supply chain and impact your inventory levels.

Cost Management: Managing shipping costs and ensuring that they fit within your budget can be challenging.

Product Damage: Improper handling and packaging can result in damage to your products during transit.

Solution: Streamlining Logistics and Shipping

To effectively manage logistics and shipping when importing toys from China to India, consider the following strategies:

Select Reliable Shipping Partners: Work with reputable shipping and logistics companies that have experience handling toy imports. They can provide reliable services and help you navigate any challenges.

Optimize Shipping Routes: Plan efficient shipping routes to minimize transit times and reduce costs. Consider factors such as shipping method, port of entry, and potential delays.

Use Proper Packaging: Ensure that your toys are packaged securely to prevent damage during transit. Proper packaging also helps in complying with shipping regulations and standards.

Track Shipments: Implement shipment tracking systems to monitor the progress of your shipments. Real-time tracking helps you stay informed and address any issues promptly.

Manage Inventory Levels: Coordinate shipping schedules with your inventory needs to avoid stockouts or overstocking. Effective inventory management helps in maintaining a steady supply of products.

Negotiate Shipping Rates: Work with shipping partners to negotiate favorable rates and terms. Bulk shipping or long-term partnerships may offer cost-saving opportunities.

Prepare for Customs: Ensure that all customs documentation is complete and accurate to prevent delays at the border. Properly prepare for customs clearance to avoid disruptions.

Plan for Contingencies: Have contingency plans in place for potential shipping disruptions or delays. This helps in minimizing the impact on your supply chain.

By streamlining your logistics and shipping processes, you can ensure that your toys are delivered efficiently and in good condition. Effective management of these aspects helps in maintaining smooth operations and customer satisfaction.

At OyeExpress, we’re here to assist you with logistics and shipping challenges, ensuring that your import process is as smooth and cost-effective as possible.

Challenge 6: Dealing with Language and Cultural Barriers

Overcoming Communication Hurdles

Hey there, savvy importer! When you import toys from China to India, one of the unexpected challenges you might face is dealing with language and cultural barriers. These differences can impact negotiations, create misunderstandings, and potentially disrupt transactions. But don't worry, with the right strategies, you can overcome these hurdles and ensure smooth communication.

Language and cultural differences impacting negotiations and transactions:

Miscommunication: Language barriers can lead to misunderstandings about product specifications, pricing, and delivery terms.

Cultural Misunderstandings: Differences in business etiquette and practices can create friction and affect relationships with suppliers.

Negotiation Challenges: Without a clear understanding of cultural norms, negotiating terms can become more difficult and less effective.

Solution: Hiring Bilingual Staff or Using Professional Translation Services

To tackle these challenges effectively, consider hiring bilingual staff or using professional translation services. Here’s how you can overcome language and cultural barriers when you import toys from China to India:

Hire bilingual staff:

Fluent Communication: Bilingual staff can bridge the language gap, ensuring clear and accurate communication with your suppliers.

Cultural Insight: Employees who understand both cultures can navigate cultural differences and advise on appropriate business practices.

Better Negotiation: With bilingual staff, you can negotiate more effectively, ensuring both parties fully understand and agree on the terms.

Use professional translation services:

Accurate Documentation: Professional translators can ensure all your import documents are accurately translated, reducing the risk of errors and misunderstandings.

Clear Contracts: Translation services can help draft clear, bilingual contracts that protect your interests and ensure mutual understanding.

Real-Time Interpretation: For important meetings and negotiations, consider using real-time interpretation services to facilitate smooth communication.

Learn basic Mandarin:

Personal Effort: Learning a few key phrases in Mandarin can show your suppliers that you value their language and culture, strengthening your business relationship.

Cultural Respect: Demonstrating respect for your supplier's culture can go a long way in building trust and cooperation.

Cultural Training:

Workshops and Seminars: Provide cultural training for your team to help them understand Chinese business etiquette and practices.

Customs and Traditions: Familiarize yourself with Chinese customs and traditions to avoid unintentional offenses and build a positive rapport with your suppliers.

Use Technology:

Translation Apps: Utilize translation apps for quick and easy communication. Apps like Google Translate can be handy for basic translations.

Communication Platforms: Use platforms that support multiple languages and provide translation features to facilitate smoother communication.

By implementing these strategies, you can effectively manage language barriers and cultural differences, making the process to import toys from China to India much smoother. Clear communication is key to building strong, reliable relationships with your suppliers, ensuring that your import operations run without a hitch.

At OyeExpress, we’re committed to helping you navigate these challenges with ease. Our team is here to support you every step of the way, ensuring your importing experience is seamless and successful.

Challenge 7: Understanding Import Duties and Taxes

Navigating Financial Implications

Hey there! When you import toys from China to India, understanding and managing import duties and taxes is crucial for maintaining a healthy bottom line. The financial implications can be complex, but with the right tools and knowledge, you can navigate them effectively.

Calculating and Managing Import Duties and Taxes:

Import Duties: These are the taxes imposed by the Indian government on goods brought into the country. They can vary based on the type of goods and their value.

Tax Regulations: Staying updated on the latest tax regulations is essential to avoid unexpected costs and ensure compliance.

Solution: Using Customs Duty Calculators and Staying Updated on Tax Regulations

To tackle the complexities of import duties and taxes when you import toys from China to India, use these practical solutions:

Use customs duty calculators:

Accuracy: Customs duty calculators help you accurately estimate the duties and taxes you'll need to pay. This allows for better financial planning and budgeting.

Convenience: Online tools like the Indian Customs Duty Calculator make it easy to input details about your shipment and get instant results.

How to Use a Customs Duty Calculator:

Gather Information: Collect all necessary details about your shipment, including the value of the goods, shipping costs, and insurance.

Input Data: Enter the information into the customs duty calculator. Make sure to use the correct HSN (Harmonized System of Nomenclature) code for your toys.

Review Results: The calculator will provide an estimate of the import duties and taxes you’ll need to pay.

Stay updated on tax regulations:

Regular Updates: Tax regulations can change frequently. Keep yourself updated by regularly checking the Central Board of Indirect Taxes and Customs (CBIC) website and subscribing to industry newsletters.

Professional Advice: Consult with customs brokers or tax advisors who specialize in import duties and taxes. They can provide expert advice and keep you informed about any regulatory changes.

Understand the Components of Import Duties:

Basic Customs Duty (BCD): The primary duty levied on imported goods.

Integrated Goods and Services Tax (IGST): Applied to all imports and calculated on the value of goods plus BCD.

Social Welfare Surcharge: An additional charge on the BCD to fund welfare schemes.

Additional Duties: These can include anti-dumping duties, safeguard duties, and more, depending on the specific circumstances of your import.

Plan for Financial Implications:

Budgeting: Include a buffer in your budget to account for any unexpected costs related to import duties and taxes.

Cash Flow Management: Ensure you have sufficient cash flow to cover the upfront costs of duties and taxes when your goods arrive.

By using customs duty calculators and staying updated on tax regulations, you can effectively manage the financial implications of importing toys from China to India. This helps in avoiding unexpected costs and ensuring that your business remains profitable and compliant.

At OyeExpress, we’re here to support you in navigating these financial challenges. Our team of experts can provide guidance and tools to help you manage import duties and taxes seamlessly.

Conclusion:

import toys from China to India can be a highly rewarding venture, but it requires thorough planning and strategic partnerships. From finding reliable suppliers and ensuring product quality to navigating compliance and managing logistics, each step presents its own challenges. However, with the right approach and tools, you can overcome these obstacles and achieve smooth, successful imports. At OyeExpress, we emphasize the importance of detailed planning and building strong relationships with reliable partners. These elements are crucial to managing the complexities of importing and ensuring that your business runs efficiently and profitably. We encourage you to share your experiences and seek further assistance from OyeExpress. Your insights can help fellow importers navigate these challenges more effectively.

For those needing professional assistance, OyeExpress is here to help. Our team of experts is dedicated to providing you with the support and guidance you need to make your importing experience seamless and successful. Contact OyeExpress today for tailored assistance with all your import needs.

FAQ’s:

1. What are the key documents required to import toys from China to India?The key documents required include:

Commercial Invoice

Bill of Lading

Packing List

Import Declaration

HSN Code Documentation

Certificate of Origin

Proof of Compliance with Safety Standards

2. How can I ensure the quality of toys when importing from China to India?To ensure quality:

Request product samples

Conduct third-party inspections

Set clear quality standards with your supplier

Perform regular factory audits

Use quality control checklists

3. What are the safety standards I need to comply with when importing toys from China to India?The key safety standards include:

ASTM F963 (American standards)

EN71 (European standards)

ISI (Indian Standards Institute) certification for toys in India

4. How can I manage the logistics effectively when importing toys from China to India?Effective logistics management includes:

Partnering with reliable logistics providers

Using real-time tracking systems

Implementing inventory management software

Maintaining buffer stock

Regularly communicating with all parties involved

5. What are the common import duties and taxes when importing toys from China to India?The common duties and taxes include:

Basic Customs Duty (BCD)

Integrated Goods and Services Tax (IGST)

Social Welfare Surcharge

Any additional duties such as anti-dumping or safeguard duties