Author: Archive

Deutsche Post CFO says can’t predict 2005 dividend

Posted by | Apr 20, 2005 | |

Deutsche Post World Net AG is not contradicting market expectations that the company’s full year dividend payment on 2005 earnings will rise to 0.65-0.70 eur per share from the 0.50 proposed for 2004. In an interview with Frankfurter Rundschau newspaper, Chief Financial Officer Edgar Ernst said: ‘We cannot say now what dividend we could offer … for 2005. But … if we perform better, then shareholders should profit more. ‘The financial markets expect a stable dividend payment quota of 35 pct. Based on our earnings forecast, this calculation means 65 to 70 cents … and we have not contradicted that.’

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DHL introduces Beijing-Hong Kong and Shanghai express connections

Posted by | Apr 20, 2005 | |

DHL has announced the launch of two new direct overnight express services, one between Shanghai and the United States and the other between Beijing and Hong Kong. The daily Shanghai-US flight, which will directly connect Shanghai with Anchorage in the US and then onward to DHL’s hubs in Cincinnati and Los Angeles, will be operated by Northwest Airlines, DHL said in a statement. The four times weekly Beijing-Hong Kong service will utilize a Cathay Pacific aircraft from DHL’s central Asia Hub in Hong Kong, DHL said. China is expected to overtake Japan as DHL’s top revenue contributor in the Asia-Pacific region in coming years, Jerry Hsu, DHL president for Greater China and Korea told reporters.

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The Power 100 in Direct Marketing

Posted by | Apr 20, 2005 | |

Marketing Direct presents the first ever annual guide to the movers and shakers in direct marketing.

Power 100 in Direct Marketing

1. JOE & JOSEPHINE PUBLIC – Consumers

Everyone listed in this Power 100 ultimately owes his or her livelihood to the acceptance of direct marketing by consumers. The past few years have seen a growing response by Joe and Josephine Public to direct marketing but an increasing awareness of their power to block it.

Telemarketing malpractice has resulted in registrations to the Telephone Preference Service rising to an all-time high of more than six million individuals this year; carpet-bombing by financial services companies could have a similar effect on the Mailing Preference Service. Yet consumer power has an overwhelmingly positive influence on DM too: although they may not know it, Joe and Josephine Public keep the DM wheels turning by consuming goods worth billions of pounds a year as a result of DM activity.

One thing is certain: the fate of the industry is not only in the hands of the DM practitioners and clients in the Power 100, but also in those of the great British buying public. We ignore their influence at our peril.

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UPS Supports Comprehensive Postal Reform Legislation

Posted by | Apr 20, 2005 | |

Following passage of comprehensive postal reform legislation by the House Government Reform Committee, UPS has announced its support of H.R. 22 and committed to work toward final passage in Congress.

The Postal Accountability and Enhancement Act of 2005 mandates significant reform measures to move the Postal Service toward sound financial footing while enhancing regulatory oversight. Last year, the House Government Reform Committee’s Special Panel on Postal Reform and Oversight held numerous hearings with key stakeholders in the mailing industry to develop comprehensive postal reform legislation.

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Portugal Payshop 2004 Profit at 1.0 Mln Euro

Posted by | Apr 20, 2005 | |

Portuguese electronic bill payment services Payshop, a unit of the country’s postal operator CTT-Correios de Portugal posted a profit of 1.0 mln euro (USD1.3) for 2004, it was reported on April 18, 2005.

The company ended 2005 with a 5.5 mln euro (USD7.09 mln) turnover, more than doubling it compared to 2003.

Payshop currently operates some 2,900 access points in Portugal. As for 2005, the company plans to start operations in Mozambique.

Payshop’s network includes CTT post offices, as well as supermarkets and other retail places. Payshop (www.payshop.pt) service allows users to pay their bills for gas, water, electricity and telephone, among others.

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New Marketing Director for Royal Mail

Posted by | Apr 19, 2005 | |

Royal Mail is pleased to announce the appointment of Alex Batchelor, currently Vice President Global Brand at mobile telecommunications company Orange, as Marketing Director UK reporting to Chief Executive Adam Crozier.

The appointment follows Royal Mail’s announcement in September that it would seek a new marketing director as it enters the next phase of its transformation and faces full competition in the marketplace from January 1.

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Latvian govt to talk with Latvijas Pasts and Lattelkom about electronic signature project

Posted by | Apr 19, 2005 | |

Latvian government ordered the secretariat of E-Affairs Minister Janis Reirs on Tuesday to launch negotiations with the state-owned Latvijas Pasts postal company and Lattelekom telecommunications company about the development of the electronic signature services.

The government wants to complete the talks in three months time and then decide which company to entrust with implementing the electronic signature project.

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35,000 postal workers end strike in Romania after reaching pay settlement

Posted by | Apr 19, 2005 | |

Some 35,000 striking postal workers agreed to return to work Tuesday after reaching an agreement with management for a 4 percent wage rise. Postal workers began what was to be a 10-day strike on Monday to demand a 16 percent wage rise, which managers and Prime Minister Calin Popescu Tariceanu said the post office could not afford. Under the agreement, 9,200 postal employees will earn the minimum wage of 3.3 million lei (USD117, euro90) starting May 1, Carstea said. Others will get wage hikes depending on how long they have worked for the company or meal tickets that can be used to buy food.

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