The popularity of the (Irish) State’s postal service has decreased significantly in the past five years, with 40 per cent of businesses and individuals sending less mail than in 1997 preferring to use telephone, the internet and e-mail instead. The findings are contained in the latest quarterly market commentary from the Office of the Director of Telecommunications Regulation (ODTR), Ms Etain Doyle.
Read MoreThe postal Corporation of Jamaica is examining the implementation of a franchise programme to increase efficiency and extend its customer reach within the next six months.
The Postmaster General and CEO explained that the proposed franchise programme, that has already been drafted, is a reaction to the increased challenges being faced by the Corporation, including mounting debt.
Read MorePrime Minister Junichiro Koizumi’s private advisory panel on the state-run postal services handed Friday to the premier a final report proposing three options for privatizing the services in the future.
Having received the report, Koizumi now aims to drum up support for privatizing the three postal services of mail delivery, postal savings and kampo life insurance.
Read MoreThe Australian Competition and Consumer Commission (ACCC) today released a preliminary decision not to oppose an increase in the basic postage rate.
Read MoreThe nation’s Post Office will be required to share the burden of public fund losses with banks and other financial institutions over the next 25 years.
Announcing a draft bill on the payment of unrecoverable public funds yesterday, the Ministry of Finance and Economy said the Post Office will be forced to pay about 45 billion won yearly until 2027 under the burden-sharing plan.The annual burden is equivalent to about 0.1 percent of the Post Office’s customer deposits and insurance assets, which are currently estimated at 47 trillion won.
The 47 trillion won breaks down into 30 trillion won in deposits and 17 trillion won in insurance assets.
The office has never paid any deposit insurance premiums to the state-run Korea Deposit Insurance Corp. (KDIC) since its customer deposits and insurance assets are guaranteed directly by the government.
Business Posts express division has won a contract worth £3.5m a year with computer specialist Systemax which trades in the UK as Globaldirect, Misco and Simply Computers.
Read MoreLast month’s High Court ruling in the action brought by Brian Robertson against Wakefield Metropolitan Council has effectively halted the sale of electoral rolls by local authorities and has infected fresh vigour into the lobbying campaign by a wide range of interest groups including the Confederation of British Industry, British Bankers Association, Council of Mortgage Lenders and representatives from the credit reference and direct marketing industry. The Electoral Commission has since instructed its electoral registration officers not to sell any copies of the roll to commercial concerns, including credit reference agencies, pending further guidance from the government.
Read MoreThe United Pallet Network is to relocate to a new 93,000 sqm hub in Leicestershire. The company says the move will provide its 50-strong membership with a more efficient service with “limitless future growth“.
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