South East Asia

Indonesia Market Overview

Capital：Jakarta
Area：1.9 million sq km
Population：262 million & Growing!
GDP Growth：around 5.2%
Major Contributors：Services (45.4%), Manufacturing (41%), Agriculture (13.7%)

Our Strength

With a domestic network in Indonesia including over 100 branches and agents, delivering to more than 3,000 districts and destinations, Precision Global Logistics’ strategic partner, PT Uniair Indotama Cargo, currently operates in Jakarta -including airport & seaport offices, as well Surabaya, Batam Island and Semarang.

Working closely with local strategic alliance partner PT Uniair Indotama Cargo, Precision Global Logistics is providing a wide range of logistics services in Indonesia, particularly from Batam, where the Free Trade Zone (FTZ) is proving a useful alternative for Taiwan based companies.

Batam is a strategic area in South East Asia for the smartphone industry, where companies can outsource the production of 4G smartphones, with more reliable resources. As a designated Free Trade Zone, Batam Island is under the Generalized System of Preferences (GSP) and is exempt from import duties, sales tax, VAT, tax luxury goods, divergence and customs. It is also situated close to Singapore which provides a convenient gateway to ship the freight to surrounding countries without incurring an additional burden of customs duty and taxes.

Service Product

• International Air/Ocean Freight
• Customs Brokerage
• PLB (Pusat Logistik Berikat) eCommerce
• 4PL Warehousing & Logistics
• Cargo Insurance Service
• In-house Logistics Support
• Spare Parts Management Service

South Korea Market Overview

Capital：Seoul
Area：100,364 sq km
Population：51.64 million
GDP Growth：around 3.1%
Major Contributors：Services (58.3%), Manufacturing (39.3%), Agriculture (2.2%)

Our Strength & Experience

Precision Global Logistics has demonstrated its flexibility and creative thinking to pull off major freight projects transporting over-sized cargo for leading manufacturers from South Korea to Middle East. Executing highly complex cargo project relied heavily on Precision Global Logistics’ expertise and long term-relationships with carriers. The Water Security Mega Reservoirs Project in the Middle East achieved a cost saving on ocean freight around 9% by layering between 6 and 7 pipe spools in each of the packing cases. And the key is to solve the issue of boxing up pipe spools of differing sizes into 159 wooden cases with a total weight of 760,000kgs and size of 4,300cbm. Besides, all logistics were carefully mapped taking account of the location of the warehouses and terminals ensuring their close proximity to the trucking carriers. The key elements include:

• Professional Consultation
• Supply Chain Close Coordination
• Carrier Relationship Development

Service Product

• International Air & Ocean Freight Management Services
• Customs Brokerage and In & Out Inland Trucking Services
• Cargo Insurance Service
• Warehouse business like VMI (Vendor Managed Inventory)
• Value – Added Services: Event Logistics, Bulky Cargo, Oil & Gas, etc.

Malaysia Market Overview

Capital：Kuala Lumpur
Area：330,803 sq km
Population：32 million & Growing!
GDP Growth：around 6%
Major Contributors：Services (56.2%), Manufacturing (36.8%), Agriculture (7.1%)

Our Strength & Experience

Precision Global Logistics has supported its customer -world leader in mechanical steel for renewable energy solutions- in establishing a new manufacturing base in Malaysia, enabling their customer to import equipment, raw materials and produce finished goods for export directly to the United States. Precision Global Logistics’ dedicated team also arranged sample cutting for SIRIM (Standard and Industrial Research Institute of Malaysia) Inspection, arranging for a subcontractor to slice 3 baby coils from the 25 tons mother coil and ensuring each coil was labelled accurately on arrival at port, before inspection. The key elements include:

• Professional Consultation of Specific Requirements of Coil Import & Transfer in Malaysia
• Onsite Monitoring & 24-Hour Live Updates to Customer
• Knowledge of Free Zone Authority Regulations & SIRIM Inspection

Business Licenses

• ISO 9001:2015
• TAPA FSR Class A
• IATA & C-TPAT Accredited

Philippines Market Overview

Capital：Manila
Area：300,000 sq km
Population：106.5 million & Growing!
GDP Growth：6.2%
Major Contributors：Services (57.8%), Manufacturing (28.2%), Agriculture (14%)

Philippines is the vital gateway for ASEAN market

Source: Subic Bay Metropolitan Authority

Business-Friendly Economy

• Support The Built-Operate-Transfer Scheme
• 100% Foreign Ownership
• Incentive Package 5% Overall Tax in PEZA (Philippines Economic Zone Authority)
• Abundant Resources and Low Cost of Doing Business

Service Product

• International Air & Ocean Freight Management Services
• Customs Brokerage and Back Door (after 5pm) Releasing
• 24/7 Warehouse Operating Time
• Cargo Insurance Service

Singapore Market Overview

Capital：Singapore
Area：719.2 sq km
Population：5.61 million
GDP Growth：around 6%
Major Contributors：Services (75%), Manufacturing (25%)

Our Strength & Experience

Singapore has nine FTZs in five geographical areas operated by three FTZ authorities – PSA Corporation Pte Ltd, Jurong Port Pte Ltd, and the Changi Airport Group (Singapore) Pte Ltd.

To carry out Precision Global Logistics’ dual-brand strategy with dedicated ocean freight service team, Diversified Freight System (Singapore) Pte. Ltd., further strengthening the company’s position as a global logistics specialist in the ASEAN region, Precision Global Logistics unveiled its new 14,000 sq ft Bonded Warehouse in 2019, offering competitive cost storage, with 1,200 temperature-controlled pallet space and 4 loading bays. Strategically located at the Airport Logistics Park of Singapore, part of the Free Trade Zone with easy access to the airport, sea port and cross-border trucking, the new warehouse facilitates trans-shipments on the same or on multi-modal transportation as well as LCL freight consolidation.

Benefit of Our Bonded Warehouse

• Strategically located as part of a Free Trade Zone (Duty and Tax exemption while storing in our warehouse)
• Easy access to Airport, Seaport and Cross-Border Trucking
• 24 hours Customs Clearance

Taiwan Market Overview

Capital：Taipei
Area：36,000 sq km
Population：23.78 million
GDP Growth：2.6%
Major Contributors：Services (63.2%), Manufacturing (35.2%), Agriculture (1.6%)

Our Strength & Experience

Over the past several decades, economic development in Taiwan has been driven by small and medium enterprises (SMEs) in the manufacturing industry. Traditional and technological products manufactured in Taiwan have earned international praise and have spread around the world. Taiwan’s excellent geographic location, sound infrastructure, complete industrial supply chains, large numbers of R&D professionals and safe legal environment attract investment by international enterprises that choose Taiwan as a base to establish regional headquarters, research centers or logistics centers.

As a non-asset based global transportation and logistics service provider, Precision Global Logistics was Taiwan first ISO28000 certified company issued by UKAS and approved by LRQA. And with Precision Global Logistics’ Multi Transportation Services via Free Trade Zone Warehouse in Taiwan, customers can benefit as below.

Benefit via Free Trade Zone Warehouse

• Goods and equipment imported are exempt from related taxes and fees.
• Zero-rated business tax on sale of services within FTZ.
• Zero-rated business tax for domestic procurement.
• Zero-rated business tax for goods stored in FTZ for export by sales from bonded area to exporting company or from tax area to bonded area.
• Zero-rated business tax for operator outside FTZ transporting goods to zone under instructions of foreign customer and obtaining foreign exchange.

Thailand Market Overview

Capital：Bangkok
Area：517,000 sq km
Population：66.19 million
GDP Growth：around 4.1%
Major Contributors：Services (56.91%), Manufacturing (34.97%), Agriculture (8.12%)

Our Strength & Experience

The Thai government has thrown its weight behind an initiative called “Thailand 4.0”, a visionary scheme designed to transform the Thai economy by investing in technology and innovation. A core element of Thailand 4.0 is the Eastern Economic Corridor, or EEC – comprising of Chachoengsao, Chonburi and Rayong provinces. Within the EEC, the Thai government expects to develop 10 high-tech industries over the next decade: next-generation automotive, smart electronics, biofuel and biochemical, food innovation, digital economy, medical hub, automation and robotics, aerospace, agricultural and biotechnology, affluent medical and wellness tourism.

Thailand plays a crucial role on its connectivity in South East Asia region, acting as hub for air freight as Thailand is the second largest ASEAN economy, followed by Indonesia. Its market hinterland is much larger than Singapore. Another future opportunity is AEC (ASEAN Economic Community), free tax policy within AEC will bring benefits especially for logistics industry in Thailand.

Precision Global Logistics has been operated Cross Border Road Freight (CBRF) successfully for more than a decade, providing contingency logistics plans for customers to quickly respond to risks and natural disasters. For example, in 2008, political violence and prolonged demonstration in Bangkok, road blockage resulted in severe traffic congestion to/from major airports; in 2011, natural disaster in the form of massive flood covered many provinces, and severely affected seven major industrial estates in central region for 2 months—during each incident, Precision Global Logistics has been able to provide its semi-conductor clients with alternative contingency plans to resolve the problems, including road freight, sea freight, and provincial airports alternative route solutions, and providing assistance to transport machinery and materials from flooded factory to re-activate other plants and overcome the crisis efficiently.

Service Product

• Air Freight/ Ocean Freight
• Cross-Border Road Freight Linking China and South East Asia (Cambodia, Laos, Myanmar and Vietnam)
• Logistics Warehouse for Transshipment & Multi-Mode Transport
• AEO Licensed Customs Brokerage with In-House Certified Customs Specialist
• Cargo Insurance Service

Vietnam Market Overview

As a Class A Licensed cargo agent, Precision Global Logistics Vietfracht (JV) Co., LTD. is ready in partnership to provide you all kinds of international logistics services in/out Vietnam.

Capital：Hanoi
Major cities：Hanoi, Ho Chi Minh City (HCMC), Danang, Hai Phong, Can Tho
Area：329,560 sq km
Population：96.5 million inhabitants
GDP growth of around 6% -9%

Major airports：

• Ho Chi Minh City (Tan Son Nhat)
• Hanoi (Noi Bai)

Major ocean ports：

• Ho Chi Minh City (Cat Lai, Saigon New Port, and VICT)
• Hanoi (Hai Phong)

Infrastructure Development Plan

• Hanoi – HCMC Express Rail (Year 2050)
• Long Thanh International Airport (Year 2025) with 40KM from Ho Chi Minh city
• Tan Son Nhat Airport Terminal 3 (Year 2022)
• Van Phong Port (Pending)
• Noi Bai – Hai Phong Highway (Year 2015)
• Cai Mep – Thi Vai Port (Year 2012)
• Yen Vien – Co Thanh Railway (Year 2008)
• Hai Phong Port Rehabilitation/ Expansion
• Hanoi – Cai Lan Highway
• Yen Vien – Lao Cai Railway double tracking

Business Licenses

• Class A Licensed
• NVOCC Licensed
• Customer Brokerage Licensed

Service Product

• International Air freight
• International Ocean freight
• Sea / Air Service
• Customs Brokerage
• Cargo Insurance
• Domestic Transportation
• Customs Bonded Warehouse
• Logistics Warehouse
• Cross Border Trucking