Year: 2001

An Post to challenge regulators Eur 3m levy

An Post will today challenge in the High Court a £2.35 million (EUR2.98 million) levy charged by the telecoms regulator, Ms Etain Doyle. It is thought the State company will challenge Ms Doyle’s legal right to impose the fee for regulating the quality of postal services this year and in 2002.

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Pos Malaysia to spend more

POS Malaysia Bhd will spend more next year to boost operations as it expects flat earnings growth for the current year ending Dec 31, 2001, hurt by a sluggish economy and increasingly popular e-mail.

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Free change in Euros from La Poste (Belgium) until 2004

The Belgian postal service (La Poste) has reviewed its policy with regard to changing Belgian francs into euros because of new legislation passed on November 29. The law obliges the post office, as well as the Banque Nationale de Belgique’s nine centres, to make exchanges free of charge until the end of 2004

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Korea Post to increase postage rates by 9.5% next year

Korea Post said it plans to raise postal charges by 9.5 per cent in the first half of next year. The state-run postal authorities attributed the hike to worsening foreign exchange terms and the failure of postal rates to cover the cost price which the postal service spends to accept, process and deliver mail.

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