Latest news with #FBA
Bangkok Post
3 days ago
- Business
- Bangkok Post
Foreign investment application value surges 37% in first half
In the first half of this year, 502 foreign investors applied to conduct business in Thailand under the Foreign Business Act (FBA), a 30% increase year-on-year. The value of foreign investment for the period amounted to 111 billion baht, up 37% year-on-year, said deputy government spokesman Anukul Pruksanusak. For the first six months of 2025, foreign investors sought permission to operate in Thailand under the FBA via two main channels: business licences for foreigners (123 applicants); and certificates for foreign business operations issued under investment promotion laws (379 applicants), or by gaining permission under Industrial Estate Authority of Thailand laws, or via rights under treaties or international agreements, Mr Anukul said. Approvals during the period rose by 117 cases, or 30% year-on-year, while the value of investment increased by 30 billion baht. The top five countries investing in Thailand for the period comprised Japan (99 cases with investment value of 43 billion baht); the US (72 cases valued at 2.79 billion); China (65 cases valued at 18.3 billion); Singapore (63 cases valued at 17.4 billion); and Hong Kong (51 cases valued at 8.31 billion). He said foreign investment in the Eastern Economic Corridor (EEC) for the period amounted to 158 cases, representing 31% of all foreign investors in Thailand, an increase of 42 cases or 36% year-on-year. The total investment value was 62.9 billion baht, accounting for 56% of all foreign investment in Thailand for the period. In the EEC, investors included Japan (42 cases with investment value of 24.8 billion baht); China (38 cases valued at 13.9 billion); Singapore (15 cases valued at 8.04 billion); and others (63 cases valued at 16.1 billion). Businesses invested in included retail trade, R&D services for engineering plastic products, data centre services, digital platform development services, and contract manufacturing services. "Given the uncertainty surrounding US reciprocal tariffs and the impacts on Thailand's trading partners, as well as border tensions with Cambodia, the government thanks all foreign investors for their confidence and trust in investing in Thailand," said Mr Anukul. "The government is committed to promoting incentives to stimulate investment and providing facilitation to ensure ongoing confidence in Thailand's potential." The FBA aims to regulate the business operations of foreigners in Thailand. Foreigners refers to individuals without Thai nationality and legal entities registered in Thailand with a foreign shareholding greater than 50%. Under this law, businesses are divided into three lists. List 1 covers businesses strictly prohibited to foreigners, such as mass media and agriculture. List 2 includes businesses related to national security, culture and environment that requiring cabinet approval, such as domestic water transport and weapons manufacturing. List 3 covers businesses in which Thais are not yet ready to compete, such as retail, wholesale, advertising, construction and hotels, which require permission from the director-general of the Business Development Department and approval from the committee under this law.
Bangkok Post
3 days ago
- Business
- Bangkok Post
Foreign application value surges 37% in first half
In the first half of this year, 502 foreign investors applied to conduct business in Thailand under the Foreign Business Act (FBA), a 30% increase year-on-year. The value of foreign investment for the period amounted to 111 billion baht, up 37% year-on-year, said deputy government spokesman Anukul Pruksanusak. For the first six months of 2025, foreign investors sought permission to operate in Thailand under the FBA via two main channels: business licences for foreigners (123 applicants); and certificates for foreign business operations issued under investment promotion laws (379 applicants), or by gaining permission under Industrial Estate Authority of Thailand laws, or via rights under treaties or international agreements, Mr Anukul said. Approvals during the period rose by 117 cases, or 30% year-on-year, while the value of investment increased by 30 billion baht. The top five countries investing in Thailand for the period comprised Japan (99 cases with investment value of 43 billion baht); the US (72 cases valued at 2.79 billion); China (65 cases valued at 18.3 billion); Singapore (63 cases valued at 17.4 billion); and Hong Kong (51 cases valued at 8.31 billion). He said foreign investment in the Eastern Economic Corridor (EEC) for the period amounted to 158 cases, representing 31% of all foreign investors in Thailand, an increase of 42 cases or 36% year-on-year. The total investment value was 62.9 billion baht, accounting for 56% of all foreign investment in Thailand for the period. In the EEC, investors included Japan (42 cases with investment value of 24.8 billion baht); China (38 cases valued at 13.9 billion); Singapore (15 cases valued at 8.04 billion); and others (63 cases valued at 16.1 billion). Businesses invested in included retail trade, R&D services for engineering plastic products, data centre services, digital platform development services, and contract manufacturing services. "Given the uncertainty surrounding US reciprocal tariffs and the impacts on Thailand's trading partners, as well as border tensions with Cambodia, the government thanks all foreign investors for their confidence and trust in investing in Thailand," said Mr Anukul. "The government is committed to promoting incentives to stimulate investment and providing facilitation to ensure ongoing confidence in Thailand's potential." The FBA aims to regulate the business operations of foreigners in Thailand. Foreigners refers to individuals without Thai nationality and legal entities registered in Thailand with a foreign shareholding greater than 50%. Under this law, businesses are divided into three lists. List 1 covers businesses strictly prohibited to foreigners, such as mass media and agriculture. List 2 includes businesses related to national security, culture and environment that requiring cabinet approval, such as domestic water transport and weapons manufacturing. List 3 covers businesses in which Thais are not yet ready to compete, such as retail, wholesale, advertising, construction and hotels, which require permission from the director-general of the Business Development Department and approval from the committee under this law.
Yahoo
02-08-2025
- Business
- Yahoo
Amazon to end FBA prep, labeling services in US
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. Dive Brief: Amazon will stop offering prep and item labeling services on Jan. 1, 2026, for shipments in the U.S. using the e-commerce giant's fulfillment services, the company announced on its website. The change will apply to all inventory sent to the company's U.S. Fulfillment by Amazon service, either directly or through other Amazon supply chain offerings. All products must be prepped and labeled prior to sending them to Amazon facilities, the company said. Amazon will still offer the services for shipments created prior to Jan. 1, but shipments created after without the proper prep and labeling won't be eligible for reimbursement if damaged or deemed untraceable. Dive Insight: Amazon said it initially introduced prep services, which include labeling, bubble-wrapping, stickering and bagging items, to help protect products and avoid damage during the shipping process. Over time, sellers' packaging capabilities have improved, reducing the need for Amazon's prep offerings, according to the company. 'The vast majority of Amazon sellers now handle their own packaging, including prep and item labeling, either on their own, through their own manufacturing partners or through third-party service providers which allows FBA to focus on providing faster and more efficient fulfillment center operations,' Amazon said. For sellers that need to transition to other prep and item labeling services, Amazon suggested two options. One is for sellers to do it themselves, using the company's guidance to prepare products for Fulfillment by Amazon. The other option is to use a third-party service provider. Amazon also said sellers can tap into the company's Ships in Product Packaging program for eligible products, which can lower prep needs. 'This is one of the most significant operational shifts Amazon has made in recent years,' said Charles Williams, senior manager of marketplace operations at omnichannel agency Blue Wheel, in a LinkedIn post. 'Getting ahead of it now will be key to maintaining smooth replenishment and avoiding compliance issues next year.' Williams said the next steps for impacted sellers include auditing catalogs for SKUs that rely on Amazon for prep or labeling, updating packaging workflows and adjusting FBA shipment processes ahead of time to avoid disruptions. Recommended Reading Amazon ups maximum box length for FBA orders Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Forbes
31-07-2025
- Business
- Forbes
6 Hidden Costs In E-Commerce Logistics
David Barberá Costarrosa has been dedicated to e-commerce and its ecosystem since 2017. Entrepreneur, Cofounder of Beeping, among others. Sales, funnels, CPA and CTR are all metrics that e-commerce companies constantly adjust and optimize. Still, they often overlook a silent villain that steals their profit: the hidden cost of logistics. These expenses don't appear on your Shopify home page or WooCommerce dashboard, they won't appear in your daily summary, and they won't appear in your Meta Ads campaign ROAS. These costs are relentless, bloodthirsty killers out for revenge every day, and if you don't detect it in time, you might end up with a high turnover, but little in earnings. Let's analyze six hidden logistics costs that you won't easily detect but are surely eating up a healthy slice of your profit. The Price Of The Promise All users now want shipping in 24 hours or less. Why? Amazon created its Amazon FBA program. A behemoth capable of lightning-fast deliveries, free returns, and tracking numbers before you can finish your coffee. Your store's first mistake when competing with this American e-commerce giant is promising a delivery time it cannot fulfill. The result? You pay the price with your brand's reputation, bad reviews and a drop in sales that no 10% discount coupon can fix. The Cost Of Inefficiency It might not seem like much. Just a simple human error. A misprinted label, an incorrect address or a poorly picked order. It's no big deal when it's just one, but what do you do when it happens with 100, 500 or 1,000 orders? Each seemingly inconspicuous error generates a logistics cost you can't see: the time your team loses fixing it, the product lost from misplacement and, the cherry on top, the customer who never comes back. And what's worse: We're not talking about a direct financial cost, but a constant drain that eats away at your profits daily. The Cost Of 'We Do Everything Ourselves' 'We save on logistics warehouse costs because we handle it ourselves' is a common phrase in e-commerce operations. They think they're making a smart saving, and nothing could be further from the truth. Managing logistics manually can become a deadly trap if you aim to grow your business and sell more to scale continuously. Delegating logistics to the experts isn't a mere expense—it's an investment and a strategic lever in your sales flow. Product Returns: The Costly Ghost Reverse logistics. No one talks about that hidden world, but which, when calculating profit (and loss), has a significant impact. On average, 20% to 30% of the products sold online are returned. That inevitably involves: • Return shipping costs • Product inspection costs • Refurbishment costs to return items to stock Add to this an unhappy customer whose bad experience leads to zero recommendations, and the collateral damage worsens. The Cost Of Not Having Real-Time Data As mentioned earlier, in the age of Amazon FBA's immediacy, every second counts. And that could be the difference between a satisfied customer and a frustrated one. Despite this, many businesses are still operating virtually blind: • They don't know their undelivered package rate. • They don't know their average delivery time to customers. • They don't know the real stock levels in their warehouse. If you don't have this information, how can you optimize your business and cut those costs? The Price You Pay For Not Being Able To Scale Imagine your campaign blows up, and you sell 1,000 units a day. The dream, right? However, what seems like a dream can quickly become a nightmare. You can't handle the demand, so orders get delayed, customers get angry and Facebook bans your account. In short, the hidden cost of poorly managed success can be more expensive than failure. Conclusion So, what can you do? First, the solution is not to spend less but differently. Prioritizing ways to bolster fulfillment logistics to minimize reputation damage, partnering with manufacturers that can scale up at a moment's notice, and maintaining strong customer service are all integral. Remember this: 'Hidden costs aren't an accounting error. It's your business crying out for help.' Companies need to be on their toes, prepared for the volatility of the modern era. Regular audits and performance reviews can help catch inefficiencies early, while standardized reporting procedures reduce the risk of miscommunication or overlooked expenses. If you want to scale profitably, a logistics partner equipped to grow with you can be beneficial. In the end, logistics isn't the whole story. However, it is an important factor in whether or not your business can match expectations and go even further. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Yahoo
15-07-2025
- Business
- Yahoo
Amazon Names MyFBAPrep a Recommended FBA Prep Service Provider
Selection Signals Trust in MyFBAPrep's Scale, Operational Excellence, and Compliance Rigor CORAL SPRINGS, Fla., July 15, 2025 /PRNewswire/ -- MyFBAPrep, the leading global eCommerce warehouse network, has been selected by Amazon as a Recommended Prep Service Provider for Fulfillment by Amazon (FBA), following Amazon's most extensive national vetting process to date. The rigorous evaluation spanned hundreds of performance, compliance, and scalability data points aimed at identifying logistics partners capable of delivering Amazon-grade prep services to its 1.1 million active marketplace sellers in The United States. The program is designed to spotlight a curated handful of logistics providers that can reliably execute prep to meet more than 1 billion units of projected annual demand across the U.S., in accordance with detailed Amazon FBA standards. The program is not only a signal of operational excellence—it positions selected partners to receive inbound prep demand directly from Amazon's Seller Central platform and partner network. To become a Recommended FBA Prep Service Provider, MyFBAPrep had to prove its excellence in the following categories: Execution of Core Prep Services – Providers were required to offer all seven of Amazon's critical prep activities: item labeling, bagging, bubble wrap, cap sealing, boxing, opaque bagging, and set creation. Each service needed to be executed per Amazon's official documentation, including drop-test requirements, suffocation warnings, and barcode compliance standards. National Geographic Reach and Service Agility – The selected vendors needed to demonstrate the ability to serve sellers and ship to Amazon facilities located anywhere in the U.S., including regional demand across central, midwest, and northeast hubs. Capacity to Meet High-Volume Demand – Amazon modeled prep volumes across the network at over 1 billion units annually, including 850M in item labeling and 160M in polybagging alone. Providers were scored on their ability to flex to this scale while maintaining service-level agreements. Compliance With Safety, Packaging, and Labeling Standards – Amazon's technical standards included detailed requirements for barcode placement, adhesive quality, adult-content concealment, and hazard labeling. Transparency in Rate Governance and SLAs – Amazon required clearly defined, tiered or flat rates for each prep type, with providers specifying how frequently rate cards may change and detailing average turnaround times between receiving inventory and delivering to FBA . Security, Certification, and Legal Compliance – Vendors were reviewed for their ability to comply with all federal, state, and local regulations governing packaging, shipping, and storage, as well as their use of secure IT infrastructure and adherence to data protection standards. Customer Service, Visibility, and Centralized Operations – The final selection emphasized the ability to provide centralized invoicing, account management, and full visibility into prep activity. This ensures alignment with Amazon's promise of speed, precision, and service excellence. "Amazon's evaluation wasn't surface-level—it was forensic. They asked us to align to over a billion units of forecasted volume, meet rigorous safety standards, and demonstrate national fulfillment at scale without compromise. They examined whether we could not only perform at scale, but do so with consistency, integrity, and accountability across every dimension of operations," said Tom Wicky, Co-Founder and CEO of MyFBAPrep. "We're incredibly proud to be selected and grateful to our network for rising to the challenge. Being selected from this field is a tremendous honor—and one that confirms our position as a foundational player in modern eCommerce logistics. This recognition is not just an award—it's a mandate to lead." Analytics suggest high prep demand from product categories including drugstores, beauty, grocery, home, and apparel. This selection cements MyFBAPrep's position as a critical infrastructure partner for sellers looking to scale within Amazon's ecosystem—providing the operational depth, compliance framework, and service flexibility needed to meet the demands of the modern digital shelf. About MyFBAPrepMyFBAPrep is the leading eCommerce logistics platform, delivering scalable, tech-enabled fulfillment solutions for high-growth brands, omnichannel sellers, and top Amazon merchants. With a network of 100+ warehouses and 85 million square feet of space across the United States, Canada, Mexico, the United Kingdom, mainland Europe, and Australia, MyFBAPrep powers Amazon FBA prep, direct-to-consumer (DTC) fulfillment, retail and wholesale distribution, and B2B logistics. The company's proprietary SaaS platform, Preptopia®, provides real-time inventory visibility, predictive analytics, and automated order routing—ensuring speed, accuracy, and cost-efficiency at scale. Backed by premium customer service and dedicated account management, MyFBAPrep helps brands streamline operations, reduce costs, and scale faster. For more information, visit For more information, contact: Tom WickyCourtney Dennis Co-Founder & CEODirector of Communications tom@ 786-351-3454619-952-1856 View original content to download multimedia: SOURCE MyFBAPrep Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
