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OTHER CURRENT LIABILITIES
 12 Months Ended
Dec. 31, 2022
Other Current Liabilities [Abstract]  
OTHER CURRENT LIABILITIES
22.    OTHER CURRENT LIABILITIES
As of December 31,
20222021
US$’000US$’000
Contract liabilities1,325 612 
Dividend payable291 671 
Onerous contracts provisions2,110 9,640 
Other current liabilities1,563 3,212 
Total5,289 14,135 
Other current liabilities include undue value added tax, unpaid withholding tax, and other miscellaneous liabilities.
22(a)    Onerous contracts provisions
For the year ended December 31,
20222021
US$’000 US$’000
At January 19,640 5,105 
Recognized498 6,241 
Reversed(7,763)(1,401)
Exchange differences(265)(305)
At December 312,110 9,640 
22(b)    Contract Liabilities
As of December 31,
202220212020
US$’000US$’000US$’000
Current contract liabilities
Advance from customers1,222 511 156 
Custodial service47 50 44 
Transportation service56 51 59 
Total current contract liabilities1,325 612 259 
Our Company recognizes contract liabilities when it receives advance payments from customers before performance obligations have been performed.
22(b)    Contract Liabilities (continued)
Revenue recognized in relation to contract liabilities
For the year ended December 31,
20222021
US$’000US$’000
Revenue recognized that was included in the contract liabilities balance at the beginning of the year
Advance from customers511 156 
Custodial service49 40 
Transportation service49 44 
609 240