KUALA LUMPUR (July 24): Dagang NeXchange Bhd's (DNeX) wholly-owned unit Dagang Net Technologies Sdn Bhd has received a contract extension from the government for the National Single Window (NSW) for Trade Facilitation.

The two-year extension runs from Sept 1, 2019 to Aug 31, 2021, DNeX said in a statement.

Dagang Net has been the operator of the NSW for Trade Facilitation since its launch in 2009.

The NSW for Trade Facilitation includes six core eServices, namely eDeclare, ePCO, ePermit, ePermitSTA, eManifest and ePayment, which provide the trading community with connectivity to the Customs Department and relevant agencies for import and export document processing.

DNeX said such trade environment can help expedite cargo clearance process, reduce cost and time of doing business, and contribute positively to the country's trade efficiency and global competitiveness.

"We would like to express our deepest appreciation to the Government of Malaysia namely the Ministry of Finance and the Royal Malaysian Customs Department for their continued confidence in us," said Datuk Samsul Husin, executive deputy chairman of DNeX and executive chairman of Dagang Net.

"We remain committed to offer top notch eServices in Trade Facilitation that not only meet requirements of customers but also offer value that can help our customers further improve their operations and grow their business," he said.