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PAA News

Pan Asia Exchange (PAE) Launched at the 49th PAA Steering Committee Meeting in Malaysia

  • April 17th, 2015

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

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Ground breaking Pan Asia Exchange expects to connect over 340,000 suppliers in Asia to global buyers

  • April 16th, 2015

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

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Pan Asian e-Commerce Alliance commits to contribute to WTO national single window initiative

  • December 5th, 2014

Pan Asian e-Commerce Alliance commits to contribute to WTO national single window initiative

Singapore, 5 December 2014 – The 48th Pan Asian e-Commerce Alliance (“PAA”) Steering Committee meeting, hosted by CrimsonLogic, was held from 4th to 5th December 2014 in Singapore.

The guest of honor, Mr. Ho Chee Pong, the Director-General of Singapore Customs, expressed warm welcome to PAA members from 11 member economies and praised PAA’s role as the bridge to connect the trading community with the respective government authorities in cross border transactions to push forward trade facilitation through bilateral and multilateral collaborations. Referring to the WTO Trade Facilitation Agreement, Mr. Ho called out the importance of national single windows in improving economic competitiveness.

PAA Chairperson, Mr. Michael Wu, in his speech drew attention to high logistics costs across Asia and the significant savings achieved in PAA member economies with private service providers complementing the government’s efforts

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event_directory2
18 ~ 21 August, 2014

50th PAA Working Group and Steering Committee meetings in Macau

Link Directory

  • www.afact.org
    Asia Pacific Council for Trade Facilitation and Electronic Business (AFACT)
  • www.unece.org/cefact
    United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT)
  • www.apec.org
    Asia-Pacific Economic Cooperation (APEC)
  • www.pecc.org
    Pacific Economic Cooperation Council (PECC)
  • www.asean.org
    Association of Southeast Asian Nations
  • www.unescap.org/unnext/
    The United Nations network of Experts for paperless trade in
    Asia and the pacific (UNNExT)