Author: Archive

India Post re-invents itself

IT IS GOOD to find the Department of Posts (DoP) trying to live down
its traditional image of a low-profile, sluggish organisation. The
series of non-traditional business initiatives the DoP has taken in
recent years indeed mark its efforts to reinvent itself. It has
already made a reasonable success of the value-added service
ventures, such as Speed Post, Express Parcel Post, Business Post,
Media/Publicity Post, Corporate Money Order and Surface Air Lifted
Mailing. In some of these segments, it was pitted against the
expanding private sector courier companies. Thereafter, it embarked
upon the totally new business of selling customised greeting cards
with pre-paid printed postage stamps that are a replica of the
design on the card. In yet another breakthrough, it struck a deal
for international money transfer services with Western Union
Financial Services International of the US.

Read More

Net value of Australia Post bill payment scheme

Australia Post has joined forces with Internet firm ninemsn to create the country’s largest bill-payment network so far.
The venture will allow ninemsn’s 4.6 million monthly on-line customers to receive electronic bills and schedule bill payment through the ninemsn Web site.
Australia Post’s national manager of financial services,
Terry Stephens, said the agreement with ninemsn would allow the corporation’s on-line billpay service to reach more Australians than ever before.

Read More

Consignia plans to outsource its IT

Consignia is planning to outsource its IT division as part of a GBP
1 billion cost-cutting project. A review body is looking at the proposal to contract out a division
with a GBP 328 million annual budget. The former Post Office is committed to major cuts to meet the
challenge of expected competition for postal delivery services and
the pressure to increase profits. Its plan is to turn last year’s
GBP 264 million profit into GBP 300 million by 2004.

Read More

Zimbabwe Authority Scouts for Private Postal Services

THE Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) is scouting for Zimbabwean companies and individuals interested in offering postal services to rival the state-run Zimbabwe Postal Company (ZIMPOST), it was learnt this week.

POTRAZ, formed earlier this year to oversee Zimbabwe’s telecoms and postal sector, last week invited tenders from local firms and individuals willing to apply for a postal licence

Read More

Japan aims to cut aid to postal-savings system to boost equities

Masahiro Okuno, a senior figure on the government’s tax panel, said
lawmakers aim to reduce assistance to the postal-savings system in
an attempt to boost the attractiveness of equities for individual
investors. He said government assistance that provides incentives for investors
to deposit money in the postal system is a tax on equity investment. “The government aid is a kind of premium for the postal-savings
system,” Okuno told reporters after a meeting of a tax panel
subcommittee that he heads.

Read More

BSN plans to extend services via stake in Pos Malaysia.

BANK Simpanan Nasional Bhd (BSN) plans to use its stake in Pos Malaysia Bhd to tap the postal service’s wide distribution network and services, says its general manager and chief executive Abu Huraira Abu Yazid.

He said Pos Malaysia’s 600-odd post offices and BSN’s 400 branches will provide both companies with a combined network of over 1,000 outlets and extend their reach.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

How ready do you feel for the de minimis changes coming in July?

Thank you for voting
You have already voted on this poll!
Please select an option!




Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

Pin It on Pinterest