.png){kind=logo}
What’s New Today: Amazon Hiring Associate Vendor Manager and Customer Service
Fast-Track Insights: Standard Chartered Bank Launches Digital Asset Custody Service in UAE
The Ministry of Commerce and Industry unveils an online platform called Trade Connect, which aims to engage more small and medium-sized businesses in trade and export activities.
Trade Connect is a comprehensive center that facilitates connections between traders and exporters with key entities like the Department of Commerce, Export Promotion Councils, Indian Missions abroad, and Exim Bank. It offers small businesses access to government assistance and international market opportunities to broaden their presence.
The Ministry has made it clear that the platform's launch is part of a strategy to support medium- and small-scale industries across the country. At present, micro, medium, and small-scale enterprises (MSMEs) represent 45 percent of the nation's total export volume.
With the introduction of Trade Connect, the Ministry intends to boost the involvement of MSMEs in export activities.
Moreover, this platform intends to connect more than 6 lakh individuals with import-export codes and over 180 representatives from Indian missions. Additionally, it will connect over 600 officials from the Export Promotion Council. The platform will provide details on free trade agreements, customs tariffs, and regulations for specific countries, products, and additional information.
Amazon is seeking qualified and interested individuals for the role of Associate Vendor Manager, Customer Service, and Global Outsourcing at their locations in Uttar Pradesh, India.
The selected candidate will provide support to external partner-based teams, directing operations to meet the highest level of customer focus and service quality.
The candidate will help Vendor Management with our partner relationships and ensure alignment with key stakeholders throughout the organization, shaping organizational priorities and influencing the direction of business and/or technology. This will impact the goals of the team. The candidate will identify and suggest enhancements to organizational processes, playbooks, or tools.
The selected candidate will conduct thorough investigations into operational inefficiencies and propose scalable solutions for improvement. The candidate needs to manage the triage of issues, take responsibility for resolving them, conduct root cause analysis, and develop corrective action plans.
In his address to students at the University of Texas at Dallas on Monday, Congress leader Rahul Gandhi spoke on the emergence of Artificial Intelligence and its impact on jobs worldwide. He cautioned that Artificial Intelligence is bound to result in job shifts but if these shifts are managed well, they would bring along new opportunities.
Speaking about the impact AI will have, Gandhi said, "If you position yourself properly, AI is an opportunity. If not, you'll be in trouble." He drew an analogy between the present debate over AI with the fears that had been voiced when computers and calculators were introduced.
As the world of cryptocurrency faces changes in regulations globally, financial institutions are increasingly looking into ways to provide services related to digital assets. Recently, a London-based bank, Standard Chartered, has introduced a digital asset custody service in the United Arab Emirates. This service aims to offer a secure place to keep cryptocurrencies for its clients in the UAE, beginning with Bitcoin and Ether as the first offerings.
The United Arab Emirates' clear regulations regarding cryptocurrency assets have made it a perfect place for Standard Chartered to introduce and test this service, according to an official announcement from the bank this week. For its range of services, this addition is seen as a significant achievement.
Margaret Harwood-Jones, the Global Head of Financing and Securities Services at Standard Chartered, explained that this service is more than just a simple wallet. Harwood-Jones mentioned, “It is a comprehensive solution that addresses the unique challenges of digital asset custody from a regulatory, risk, and prudential point of view. It is a game changer for institutional clients, as we can support them with our traditional expertise to navigate the complexities of the digital asset space.”
