News / Supply Chain Alerts
The Thai government has declared a state of emergency for Bangkok and surrounding areas amid anti-government protests. The affected areas are: Bangkok, Nonthaburi, Pathum Thani’s Lat Lum Kaeo district and Samut Prakan’s Bang Phli district. The state of emergency went into effect on Wednesday and will last 60 days (January 22-March 22).
Exempt International Transportation
The China Ministry of Finance (MOF) and the State Administration of Taxation (SAT) have jointly agreed to exempt international transportation from their recently implemented VAT regulations. The revised tax treatment is retroactive to August 1, 2013 when the nationwide regulations first came into effect. A joint circular (Caishui 2013 No 106) has been issued by the MOF and SAT explaining the exemption.
Please note the New York and New Jersey marine terminals will be closed Friday, January 3, 2014. A severe winter storm is expected in the northeastern USA and has the potential for dangerous working conditions.
Without the authority to spend money, the United States federal government started the process of temporarily mothballing facilities and suspending the many services the government provides. However, the federal government does not stop functioning completely, and by law, certain agencies must operate with unsalaried employees. They include those that deal with national security and the safety of people and property.