Maltese postal employment down by 6.09 percent
Between 2002 and 2003, employment in the postal sector has decreased by 6.09 percent, that is 108, according to the National Statistics Office (NSO).
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New Zealand Post announce improved half year performance
New Zealand Post Group has announced an unaudited net profit after tax of NZD 21.7 million for the six months to December 2003, compared with NZD 19.6 million for the same period last year.
New Zealand Post Chief Executive John Allen said the result was ahead of expectation and included a strong performance from the International mail business and Kiwibank.
Read MoreAll 3 Japan Post divisions likely to see profits in FY 2003
Japan Post is likely to register profits in all of its three major business fields — mail delivery, postal savings and postal insurance — in fiscal 2003 to March 31 this year, its president said Wednesday. Masaharu Ikuta told a news conference, “We want to secure even greater business results in fiscal 2004 and thereafter.” The mail-delivery operations will likely return to the black in the wake of the previous year’s poor performance. Gains from the division are likely to exceed the 10 billion yen line, they said.
Read MorePostcomm sets timetable for UK Royal Mail’s review
Postcomm have published the timetable that it expects to follow for its review of Royal Mail’s price control and service standards. This will be Postcomm’s second major review of Royal Mail’s licence terms, and the decisions from this review are expected to take effect in April 2006.
Views are being sought from interested parties about the process and timetable that Postcomm intends to follow, as well the main issues that should be considered during the review.
Read MoreCorreo Argentino SA on track private ownership
The Argentine government-run postal service formerly known as Correo Argentino SA is on track to return to private ownership in May, keeping with the original decree that had revoked the concession in November, the government-appointed postal administrator said.
Read MoreWatchdog presses Treasury to put VAT on UK postage stamps
The Treasury is to come under pressure to introduce VAT on postage stamps in the run-up to the next general election.
Postcomm, the postal regulator, is preparing to recommend that a special 5 per cent rate should be introduced, but this will go against the wishes of Government ministers, who are opposed to any increase in the price of stamps.
Royal Mail is VAT exempt. However, The private companies entering the postal market have to charge the tax at the full 17.5 per cent rate.
Read MoreGerman association of telecommunications & post criticises Deutsche Post
Deutsche Post, the German postal service, has been criticised by the German association for telecommunications and post (DVPT). The association claims that the company’s monopoly on postal services for low-weight letters, which is due to continue until the end of 2007, will not allow significant competition on the market.
Read MoreUnion accuses French post office of selling logistics unit
The SUD-PTT trade union has accused the French post office, La Poste, of having surreptitiously sold one of its subsidiaries, Someposte Logistique, to the French conglomerate Bouygues. Someposte Logistique boasts 270 employees and a turnover of 18m euros.
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