Japan Post will try to improve itself by creating 12 model post offices across Japan so employees at its 24,000 outlets can learn about cost cutting and better productivity, Japan Post President Masaharu Ikuta said in a recent interview. “We will arrange for each of (the 12 major) regional offices to create a model post office so that (the model of high productivity) can filter down into post offices nationwide,” Ikuta told Kyodo News.
Read MorePortuguese post office CTT – Correios de Portugal has sold its 20 pct stake in security and cash transportation company Esegur, to banks Caixa Geral de Depositos (CGD) and Banco Espirito Santo (BES) for a total 6.0 mln euro (USD6.7 mln), it was reported on May 5, 2003. Esegur is now wholly owned by CGD and BES.
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