FAQs.... Is it compulsory to have DagangNet services in Malaysia? Yes, it is compulsory for local companies (the importers or exporters) who want to import/export goods into/from Malaysia, especially when the goods are subject for import/export permit. Otherwise, no import/export permit can be applied and no shipment clearance can be done by Customs Malaysia.
Dagang Net is an established e-commerce service provider in Malaysia authorized by most Malaysian government agencies like SIRIM, Custom Malaysia, MITI, etc. for import and export permit online processing (e-permit) and other related online business solutions in Malaysia.
....The Alibaba's e-hub with centralised customs clearance is expected to create top line gross merchandise sales of US$65bil by 2025 and this will 100% benefits Dnex as the sole eServices providers for gov....
FAQS...cont... Dnex's ePermitSTA is the permit application and approval system for sensitive trade items or dual use items including nuclear materials, sensors and telecommunications security under the purview of the Strategic Trade Act 2010 (STA 2010).
What is Strategic Trade Act (STA) Strategic Trade Act 2010* [Act 708] (“the Act”), which came into effect on 1 January 2011 is the legislation that controls the export, trans-shipment, transit and brokering of strategic items, including arms and related material, as well as activities that will or may facilitate the design, development, production and delivery of weapons of mass destruction. This Act is consistent with Malaysia’s national security and international obligations.
Dnex stands to 100% benefits for this... Export permit is the mandatory permit required for any strategic goods exported from Malaysia. It is an obligation for the exporter as stated in the STA 2010 Act. Otherwise, the exporters are subject to penalty of imprisonment and / or death sentence.
FAQs...cont.. What kinds of products that are considered as strategic items/goods? Strategic items refer to goods and technology that are controlled under the STA 2010 Act. A definitive and comprehensive list of strategic items are prescribed in the Strategic Trade (Strategic Items) Order 2010. The Order reflects the items currently required to be controlled under the global export control regimes as well as the relevant United Nations Security Council Resolutions. The items are categorized as follows:
Category ML : Military items
Category 0 : Nuclear materials,facilities and equipment;
Category 1 : Special materials and related equipment;
Category 2 : Materials processing;
Category 3 : Electronics;
Category 4 : Computers;
Category 5 : Telecommunications and information security;
Category 6 : Sensors and lasers;
Category 7 : Navigation and avionics;
Category 8 : Marine; and
Category 9 : Aerospace and propulsionFA
Above all these items are 100% benefits Dnex e-Permits/Services as more and more items being ship in/out for anticipating Alibaba's e-hub with centralised customs clearance is expected to create top line gross merchandise sales of US$65bil by 2025.
How many types of export permit available and which type is suitable for my company? There are 4 types of export permit; single-use permit, bulk permit, multiple-use permit, and special permit. When selecting these types of permit, you need to identify your business needs and activities that are more suitable for you. The following is the description of each permit:
•Single-use permit – is a one-off export permit and issued on a shipment basis.
•Bulk permit – is a multiple shipment export permit destined for one single country / destination.
•Multiple-use permit – is a multiple shipment export permit destined for multiple countries / destinations.
•Special permit – is a one-off export permit to export to a restricted end-user and issued on a shipment basis
All these permits stands to benefits Dnex 100% as the incoming of Alibaba's e-Hub and eWTP that expected to create top line gross merchandise sales of US$65bil by 2025 requires approvals, workings ACTS/LAWS for seamless robust transactions/prepossessing.
Communication and multimedia products and all Hybrid products sold in Malaysia must meet standards set by SIRIM, Malaysia’s most prestigious quality certification agency.
Apart from the necessary import permits, these products need to acquire the Certificate of Conformity (CoC) from SIRIM QAS International (SQASI), which is the appointed Communication Equipment Certification Agency.
Dagang Net, working together with SQASI, developed a one-stop hub called "e-ComM", that allows for easy and convenient application and approval process for SIRIM’s stamp of quality.
...above Dnex new "eComM" services tends to benefits 100% from DFTZ and Alibaba's e-hub and eWTP that will create top line gross merchandise sales of US$65bil by 2025.
DNeX is Malaysia’s leading e-commerce service provider, and a pioneer in initiatives aimed at creating paper-less, electronic Royal Customs-related services to ease the facilitation and streamlining of international trading processes for the import and export, trade and logistics industries. It is Malaysia One-Stop e-Hub services catering Business-to-Government transactions seamless and innovates Business-to-Business/Government offerings with the country’s most comprehensive cargo and trade in-house builtin systems.
It currently operates Malaysia’s first, largest and most established e-transaction exchange. The exchange serves over 13,000 users in the trade facilitation and logistics fraternity. More than 50 million electronic transactions and RM 1.8 billion worth of Customs duty payment are transacted annually through its robust infrastructure.
With DFTZ and Alibaba's e-Hub/eWTP setting a global foothold in Malaysia with projected gross merchandise sales of US$65bil by 2025, Dnex sets to reap in a 100% benefits as more and more trades/shipments/exports/imports/transactions/permits will integrates via Dnex seemless and innovative systems.
In line with the National Single Window (NSW) policy, the Government wants all permit applications from issuing agencies to be made online through the e-Permit module system developed by Dagang Net Technologies Sdn Bhd (DNEX) under the supervision of the Ministry of Finance. At the Suruhanjaya Tenaga (ST) level, the e-Appliance system will be integrated with the e-Permit system. Dnex's e-Permit integrates the e-Appliance Suruhanjaya Tenaga (ST), e-Permit (Dagang Net Sdn. Bhd) and SMK (Customs Information System – Customs) applications online. The e-Permit system acts as a one-stop-centre for each application for the certificate of approval. An application received from the importer online through e-Permit will be sent electronically to ST’s e-Appliance system for the process of obtaining approval and certification/permit. Approvals will be sent electronically to the Customs (SMK Systems) before the control item is released from their custody.
With DFTZ and Alibaba's e-Hub/eWTP setting a global foothold in Malaysia with projected gross merchandise sales of US$65bil by 2025, Dnex sets to reap in a 100% benefits as more and more trades/shipments/exports/imports/transactions/permits will integrates via Dnex seemless and innovative systems.
Dagang Net Technologies (DNEX) has been appointed by the Royal Malaysian Customs Department as the uCustoms Service Provider. DNeX will front the trade community including importers, exporters, shipping agents, traders, manufacturers, forwarders, and warehouse and depot operators, by providing access to the uCustoms trade services through DNeXPORT Trade Facilitation Portal as uCustoms gateway.
Dnex's myCargo2U, offers end-to-end services for cargo and trade management from the point of data entry to Pre-Declaration, Declaration and Post-Declaration services as well as a fully integrated, end-to-end, Customs modernisation solution that delivers Single Window for goods clearance, an initiative lead by the Royal Malaysian Customs Department.
...DNEX stands to benefits 100% for Alibaba’s regional warehousing and fulfillment facility for Malaysia and the region. The e-hub with centralised "customs clearance" is expected to create top line gross merchandise sales of US$65bil by 2025.
this little known DNEX (4456) is a hidden gem goes unnoticed..really after Bro cruz made some useful revelations from his posts....
DNEX stands to benefits 100% for Alibaba’s regional warehousing and fulfillment facility for Malaysia and the region. The e-hub with centralised "customs clearance" is expected to create top line gross merchandise sales of US$65bil by 2025.
no doubts all the electronics permits approvals from the DFTZ/Alibaba USD$50 billion digital economy will have to go thru Dnex developed platform.....wat a sure 100% guaranteed winner goes unnoticed from the big investors circles....thumb up.
Alibaba projected USD$50-60 billions digital economy for Malaysia and surrounding regions 100% winner belongs to DNEX (4456) as Dnex WAS and IS the ONLY e-permit issuer authorized by gov.
one have to imagined that this USD$50 billion or initial $10 billion e-trades permits approvals when start in end 2018 or early 2019 is COMPULSORY pass tru DNEX (4456) management software platform tat integrates with most gov agencies to get each items/goods pass on from shippers to consumers.
have a look at slide no.3...DNEX NSW all are wired/linked up from manufacturer all the way to all Gov approval agencies and then items/goods release to consumers... Now that DFTZ and Alibaba e-hub/eWTP setting a global foothold in Malaysia and surrounding regions worth USD$30-50 billion, imagine all these exported/imported items uses DNEX services....one can calculate how much the $$$$$ flows to Dnex bank accounts....???
Interesting fundamental fact about TA, sharing by Intellecpoint.com
Alibaba is also going big into consumer credit (micro) businesses - through AliPay. Jack Ma knows that he cannot buy a bank as it is not possible regulations wise. He hence looks out for companies that provide transaction services. In Malaysia, some of these companies holds credit lending license - and TA is one of them. TA is in fact ideal as it has the strong credit standing, reach and perhaps the owners are now more keen on doing properties than credit and stockbroking.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
king36
1,022 posts
Posted by king36 > 2017-03-25 14:08 | Report Abuse
Good Info.
TQ Mr Tan