Korea's Postal Office to Spend 175.4 bln won
Korea’s state-run post office said Tuesday that it will invest 175.4 billion won (USD 185.5 million) in 2008 mostly to improve its mailing system.
Korea Post said the investment earmarked for this year includes 37.4 billion won for procuring necessary hardware and software, 6.5 billion won for better IT systems and 57.3 billion won for system maintenance.
It also plans to spend some of the money to purchase around 40,000 radio frequency identification (RFID) tags and 600 tag readers for improving the speed at which its mailing work is carried out, the company said in a statement.
1 USD = 944.223 KRW
Korea’s state-run post office said Tuesday that it will invest 175.4 billion won (USD 185.5 million) in 2008 mostly to improve its mailing system.
Korea Post said the investment earmarked for this year includes 37.4 billion won for procuring necessary hardware and software, 6.5 billion won for better IT systems and 57.3 billion won for system maintenance.
It also plans to spend some of the money to purchase around 40,000 radio frequency identification (RFID) tags and 600 tag readers for improving the speed at which its mailing work is carried out, the company said in a statement.
1 USD = 944.223 KRW
