Author: Archive

Vietnam Post & Telecoms Corporation to be divided from Jan 2005

Posted by | Sep 29, 2004 | |

The Vietnam Post & Telecoms Corporation (VNPT) has said it is finalising necessary procedures to split into two separate corporations from January 1, 2005, with one specialising in telecoms and the other in postal services.

The new corporations will be called the Vietnam Telecoms Corporation and the Vietnam Postal Corporation, which will be comprised of the Inter-provincial & International Postal Co. , the Central Newspaper Publishing Co. , the Postal Savings Co. and post offices at city and provincial level. This is interpreted as the first step towards the establishment of a telecoms and postal group in Vietnam in the 2005-06 period. The group will comprise independent companies mainly focusing on telecoms, information technology and postal services.

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DHL’s USD53m tax-credit package gets final ok

Posted by | Sep 28, 2004 | |

The Ohio Tax Credit Authority gave its final approval Monday to the tax-incentive package that lured DHL to move its air cargo sorting operations from Cincinnati/Northern Kentucky International Airport to Wilmington, Ohio. The tax deal was initially announced in June.

The Ohio tax board awarded DHL and ABX Air Inc., which operates DHL’s hub in Wilmington, more than USD53 million in tax credits to expand and retain its operations there and to stay at the Clinton County site for 30 years.

The Ohio Department of Development said DHL is expected to create 600 new jobs in Wilmington within three years. The company will receive a 90 percent job-creation tax credit for five years and an additional 70 percent credit for 10 years after that. It also gets a 75 percent tax credit for 10 years for retaining 2,886 existing jobs there.

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Yamato Transport Files Antitrust Suit against Japan Post

Posted by | Sep 28, 2004 | |

Yamato Transport Co. said Tuesday it has filed an antitrust suit against Japan Post in an attempt to stop the public corporation’s tie-up with Lawson Inc. , a major convenience store chain, in the parcel delivery business. In the suit, filed with Tokyo District Court, Yamato Transport is seeking an injunction to the parcel delivery agency service Lawson plans to offer from November under its contract with Japan Post. The company, acting on the basis of Article 24 of the Antimonopoly Law, is also demanding cancellation of the contract between Lawson and Japan Post, which the government plans to break up and privatize in stages from April 2007. Yamato Transport, Japan’s leading door-to-door parcel delivery service provider, claims that Japan Post has used improper profits to tempt Lawson to become agents of its “Yu-Pack” parcel delivery service. Yamato Transport said it has decided to take Japan Post to court in order to level the playing field.

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Deutsche Post buys stake in Spanish Unipost

Posted by | Sep 28, 2004 | |

Deutsche Post said on Tuesday it had acquired a 38-percent stake in the private Spanish delivery service Unipost for an undisclosed sum. The German giant also had the option to icrease its stake in Barcelona-based Unipost at a later date, a company spokesman said, confirming a corresponding report published in the daily Die Welt. Unipost, formed from the merger of a number of small companies, generated sales of 64 million euros (79 million dollars) last year and is targeting sales of 200 million euros by 2007.

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Dutch minister to send new postal law to parliament by end-2005

Posted by | Sep 28, 2004 | |

Laurens Jan Brinkhorst, Dutch minister for economic affairs, said he expects to send a new Postal Act to parliament by the end of 2005. The minister was widely expected to give a progress report on the new postal law this month, after a debate already in parliament in June. In a brief to parliament, Brinkhorst said he expects a debate on the new law in 2006 and reiterated his intention to liberalize the post market in 2007. The Netherlands is working to open its market to competition earlier than the EU deadline of 2009, in order to help the national post operator TPG NV compete with rivals in the UK and Germany, where liberalization is also accelerating. TPG still has a monopoly on letters up to 100 grams. The government has also made reducing its stake in TPG dependent on an agreement on new postal legislation. The new law is expected to clarify universal service obligations and regulation of the domestic market, opening the way for a sale of shares in TPG.

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DHL appoints UK & Ireland Environmental Manager

Posted by | Sep 28, 2004 | |

DHL has reinforced its commitment to environmental issues with the appointment of Nicola Phillips as Environmental Manager for its UK and Ireland Express and Freight operations. Nicola joins DHL from an environmental management role at the BBC where she was responsible for delivering large-scale environmental risk-management projects. In the newly created DHL position, Nicola will be responsible for leading the company towards its goal of ISO14001 accreditation by 2007. Nicola will manage the strategic implementation of all DHL’s environmental programmes which include the implementation of a formal Environmental Management System (ISO14001) throughout 200 operational sites, development of a comprehensive environmental monitoring system to provide enhanced public reporting, extensive staff environmental awareness training, and a programme of customer partnerships.

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Clear direct marketing growth in Germany

Posted by | Sep 27, 2004 | |

Despite the critical overall economic situation, the direct marketing boom does not show signs of stopping. In 2003, German companies invested EUR 30.8 billion in direct customer dialog, 1.8 billion more than 2002. The number of companies active in direct marketing has also risen: last year, 994,000 set up direct customer approach. Addressed mailing retains first place among direct marketing instruments; 2003 company investments in this type of advertising came to EUR 10.7 billion. These are results of the Direct Marketing Germany 2004 (Direktmarketing Deutschland 2004) study, containing direct marketing data, facts and trends, presented by Deutsche Post at DIMA.

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