PAN ASIAN E-COMMERCE ALLIANCE steps into a new era with Pan Asia Exchange (PAE)
Macao, 21 August 2015 –The 50th Pan Asian e-Commerce Alliance (“PAA”) Steering Committee meeting, hosted by TEDMEV, was held from 20th to 21st August 2015 in Macao. The meeting brought the members from 11 member economies together to discuss the latest business development and initiatives to facilitate cross border transactions and enhance operation efficiency for international trade. The establishment of the PAE – an eMarketplace operated by PAA for overseas buyers to identify qualified sellers in Asia was the highlight of the meeting.
Mr. Ricky Sou, General Manager of TEDMEV, expressed a warm welcome to Mr. Vong Kuok Chong, the Assistant Director General of Customs Macao SAR as a guest of honor and all the PAA members. Mr. Sou also thanked all members and their expertise contributions over the last 15 years, to make PAA’s a
Putrajaya, 17 April 2015 –The 49th Pan Asian e-Commerce Alliance (“PAA”) Steering Committee meeting, hosted by Dagang NeXchange Berhad (“DNeX”) through its subsidiary company Dagang Net, started on a high note with key representatives of the alliance completing the meeting with productive deliberation and discussion during 16th to 17th April 2015 in Kuala Lumpur, Malaysia.
Continuing on the successful first day, the alliance announced the launch of its business-to-business (“B2B”) e-Marketplace, known as the Pan Asia Exchange (“PAE”) during the Welcome Dinner held in the evening. The honourable Dato’ Sri Khazali Ahmad, Director General of the Royal Malaysian Customs Department and Datuk Syed Ali Alattas, President of the National Chambers of Commerce and Industry, Malaysia were invited to the Welcome Dinner to launch the PAE.
Datuk Samsul Husin, Executive Deputy Chairman of DNeX shared the latest development on logistics and trade facilitation in Malaysia. “Malaysia is giving strong emphasis on
Putrajaya, 16 April 2015 – E-commerce in Asia can expect a boon especially in the area of business-to-business (“B2B”) e-Marketplace with the newly introduced Pan Asia Exchange (“PAE”).
Unlike other B2B e-Marketplace, the newly developed PAE is a trusted B2B platform that is able to verify Asian suppliers through their official trade transactions, giving global buyers a sense of confidence in the reliability of their partners. The PAE is available today, and both buyers and sellers can register online at www.panasiaexchange.net.
PAE is an initiative of the Pan Asian e-Commerce Alliance (”PAA”), an alliance formed by 11 service providers that are authorised by Customs and other trade regulatory agencies in their respective economies, and provide secure, trusted, reliable and value-adding IT infrastructure and services to facilitate trade globally.
Collectively, the 11 service providers already have an existing customer base of over 340,000 users who are potential subscribers of PAE, the first
18 ~ 21 August, 2014
50th PAA Working Group and Steering Committee meetings in Macau