SINGAPORE
– Media OutReach – 14
April 2020 – Global eTrade Services (GeTS) Asia, a global trade platform
company, received Data Protection Trustmark (DPTM) and Asia-Pacific Economic
Cooperation (APEC) Cross Border Privacy Rules (CBPR) system certifications administered
by the Info-communications Media Development Authority. GeTS is the first trade platform company in
the logistics and supply chain industry to be awarded with the DPTM and CBPR certifications.
The
certifications verified GeTS’ compliance and its placement of a robust data
protection framework with policies and practices to protect personal and
cross-border flow of data across APEC member economies.
Chong
Kok Keong CEO of GeTS said: “Data is integral to trade, and trust is an
important element in trade. The certifications bore testament to our continual
commitment to data protection and governance and hence engender trust between
parties. Businesses can be assured that their data are managed and protected
responsibly, and we will continue to power global trade connectivity by
building upon the trust to facilitate domestic and cross-border data exchanges
in compliance with domestic laws.”
DPTM is a
voluntary enterprise-wide certification for organisations to demonstrate
accountable data protection practices. The APEC CBPR requires businesses to
implement data privacy policies consistent with the APEC Privacy Framework and
helps to bridge differing national privacy laws within the APEC region,
reducing barriers to the flow of information for global trade.
About Global eTrade Services
Global
eTrade Services (GeTS), a global leading trade platform company, is shaping the
future of trade and supply chain with its innovative use of technology and deep
G2B and B2B domain expertise. GeTS enables the orchestration of physical
logistics, compliance and financial requirements of trade and supply chain
seamlessly, smartly and securely, thus powering global trade by making it
accessible, predictable and easier to fulfil. The company has linkages to 61
Customs nodes across the world, with more than 175,000 connected parties and
conducting more than 24 million transactions annually.
