GeTS helps GEODIS to simplify cross-border trade declarations and Customs connectivity through CALISTA™

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SINGAPORE – Media OutReach – 26 May 2020 – Global
eTrade Services
(GeTS), a global
trade platform company, announced the onboarding of GEODIS
Regional HQ — Asia Pacific (GEODIS), a global supply chain operator on CALISTA™,
a platform that enables the orchestration of logistics, compliance and
financial activities seamlessly, securely and smartly.

With CALISTA™ Compliance, GEODIS is able to simplify cross-border
trade declaration process by automating its Customs declarations and
documentation.  By integrating its system
with CALISTA™, trade data is processed, transformed and mapped
according to in-country compliance requirements automatically with export
declaration in origin country and import declaration in destination country
populated based on Customs regulatory formats and submitted to the respective
Customs authorities. CALISTA™ Compliance eliminates the hassle of
having to prepare documents in different in-country regulatory formats, resulting
in improved productivity and reduced human errors while providing full
visibility of the cross-border shipments and documentation. 

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Onno Boots, GEODIS’ CEO for Asia Pacific shared: “CALISTA™ is one of our digital initiatives to drive greater efficiency in our customs
declaration process. By integrating CALISTA™ with our core system,
we simplify administrative and back office processes. This is in line with our
drive to continuously improve our service to our customers, leading to better
transit times for our customers.”

Chong
Kok Keong CEO of GeTS said: “We are delighted to
have GEODIS onboard CALISTA™,leveraging
on our platform to achieve seamless and accurate fulfilment of Customs
compliance documentation requirements across various countries. This is
particularly relevant in the current context as supply chains are under strain
due to the Covid-19 pandemic. Adherence to changing regulatory requirements and
access to Customs connectivity are crucial to minimise supply chain disruption.
Using CALISTA™, GEODIS can better ensure timely and
accurate submission of trade declarations and permits, thus facilitating
cross-border freight activities and expediting the release of goods.”

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GEODIS can tap on CALISTA™’s global
connectivity to more than 60 Customs nodes to fulfil their compliance
requirements. Currently, GEODIS is using the service for trade integration and
declaration to Thailand, with Hong Kong, Indonesia and Malaysia in the near
future.

About GeTS

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 more than 60 Customs nodes across the world, with
more than 175,000 connected parties and conducting more than 24 million
transactions annually. 

About GEODIS – www.geodis.com

GEODIS is a
top-rated, global supply chain operator recognized for its passion and
commitment to helping clients overcome their logistical constraints. GEODIS’
growth-focused offerings (Supply Chain Optimization, Freight Forwarding,
Contract Logistics, Distribution & Express, and Road Transport) coupled
with the company’s truly global reach thanks to a direct presence in 67 countries,
and a global network spanning 120 countries, translates in top business
rankings, #1 in France, #4 in Europe and #7 worldwide. In 2019, GEODIS
accounted for over 41,000 employees globally and generated €8.2 billion in
sales.

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GeTS helps GEODIS to simplify cross-border trade declarations and Customs connectivity through CALISTA™

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GeTS helps GEODIS to simplify cross-border trade declarations and Customs connectivity through CALISTA™ - Brand SpurGeTS helps GEODIS to simplify cross-border trade declarations and Customs connectivity through CALISTA™ - Brand Spur

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GeTS helps GEODIS to simplify cross-border trade declarations and Customs connectivity through CALISTA™ - Brand SpurGeTS helps GEODIS to simplify cross-border trade declarations and Customs connectivity through CALISTA™ - Brand Spur

Latest News

Asia Pacific Rayon Raises US$300m from National and International Affiliated Banks to Expand Production Capacity

  • Continued capital expenditure aims to boost production and support the recovery of Indonesian economy
  • Loan agreements aligned with Indonesian Government's strategy to drive investment growth in 2021
  • APR is a member of the RGE group of companies
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JAKARTA, INDONESIA - Media OutReach - 12 April 2021 - Asia Pacific Rayon (APR), the largest integrated rayon fiber producer in Indonesia, today announced that it has secured a syndicated loan facility of Rp 4.5 trillion (US$300 million) with national and international affiliated banks. The funding will be used to support continued capital investment in the company's production facilities at Pangkalan Kerinci, Riau Province, Sumatra.

APR is vertically integrated through its supply chain, from renewable fiber plantations to high-value textile development. It commenced operations in 2019 and was formally inaugurated by President Jokowi Widodo in February 2020. APR plans to increase its production capacity over the coming year to capture the strong growth potential of viscose staple fiber (VSF), strengthening its market position in Indonesia and in export markets across the region. APR is a member of the RGE group of companies. Founded by Sukanto Tanoto, RGE manages a group of resource-based manufacturing companies with global operations.

The syndicated loan participating banks are PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Central Asia Tbk, PT Bank Pan Indonesia Tbk, PT Bank Pembangunan Daerah Jawa Barat, PT Bank Woori Saudara Indonesia 1906 Tbk and PT Bank KEB Hana Indonesia

The joint mandated lead arrangers and bookrunners for the syndicated loan are PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Central Asia Tbk, and PT BANK Pan Indonesia Tbk.

Basrie Kamba, Director, Asia Pacific Rayon, said: "This funding will be used to support continued investment in our operations in Kerinci. Rayon fiber, or viscose, is a textile raw material derived from sustainably managed plantations. As rayon is both renewable and biodegradable, it supports the trend towards sustainable fashion in Indonesia and in other markets around the world."

APR's planned expansion is aligned with the Indonesian Government's strategy to increase investment and boost employment to support the recovery of the country's economy and address the continued impact of the COVID-19 pandemic. Following the passing into law of the Omnibus Bill in October last year to streamline investment and stimulate job creation, President Widodo said last month that investment would be the key factor in achieving 5% economic growth in 2021.

"This loan facility and our continued investment in our operations are evidence of the growth potential of the viscose rayon sector in Indonesia and around the world. We are committed to supporting the Indonesian Government's efforts to improve the investment climate in export-oriented manufacturing industries, and its efforts to create upstream jobs in plantations and the processing of raw materials, and downstream opportunities in textile factories and related businesses," said Basrie.

Hari Setiawan, Executive Vice President of PT Bank Rakyat Indonesia (Persero) Tbk said : "As Representative of JMLAB and all lenders, I hope this collaboration will be useful to support the growth and development of PT Asia Pacific Rayon in increasing production and operations and also supporting the recovery of Indonesia's export growth."

"Support from BCA and other Banks reflect our confidence in APR, and as our contribution to promote a sustainable and environment friendly industry. We hope this cooperation will tighten our relationship as well," said Susiana Santoso, Executive Vice President of PT Bank Central Asia Tbk.


About Asia Pacific Rayon

Asia Pacific Rayon is the first fully integrated viscose rayon producer in Asia. Located in Pangkalan Kerinci, Riau, the company uses the latest production technology to produce high-quality rayon to meet textile needs. APR is committed to becoming a leading viscose rayon producer with the principles of sustainability, transparency and operational efficiency, serves the interests of the community and the country, and provides value to customers. APR is part of the RGE (Royal Golden Eagle) group of resource-based manufacturing companies. Sustainability is fundamental to APR. The APR Sustainability Policy, updated in September 2020, include additional commitments on pulp sourcing and clean manufacturing.


About RGE

RGE Pte Ltd manages a group of resource-based manufacturing companies with global operations. Our work ranges from the upstream, comprising sustainable resource development and harvesting, to downstream, where our companies create diverse value-added products for the global market. Our commitment to sustainable development underpins our operations, as we strive towards what is good for the community, good for the country, good for climate, good for customer, and good for company. RGE was founded in 1973. The assets held by RGE companies today exceed US$20 billion. With more than 60,000 employees, we have operations in Indonesia, China, Brazil, Spain and Canada and continue to expand to engage newer markets and communities. www.rgei.com

GeTS helps GEODIS to simplify cross-border trade declarations and Customs connectivity through CALISTA™ - Brand Spur
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- Advertisement -GeTS helps GEODIS to simplify cross-border trade declarations and Customs connectivity through CALISTA™ - Brand SpurGeTS helps GEODIS to simplify cross-border trade declarations and Customs connectivity through CALISTA™ - Brand Spur