Month: April 2003

Future of UK rural post offices in doubt

The future of nearly 6,800 rural UK post offices was thrown into doubt last night after it emerged that a European Commission decision on a crucial Pounds 450 million aid package has been delayed until the summer. Although the Government has already pledged money to maintain the loss-making rural post office network, it needs Commission approval before the cash can be paid. A decision from commissioners was expected this month but has been delayed.

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Slovenska Posta nets SKK 170 mln in 2002

Audited figures for 2002 show revenues of state-owned postal service company Slovenska Posta at SKK 6.03 billion, gross earnings at SKK 226 million and net earnings at SKK 169.75 million, finance director Jiri Vacek told a news conference on Tuesday. Although net earnings of Slovenska Posta were SKK 76 million lower than in 2001, the company significantly exceeded the 2002 target, stated Mr. Vacek, labeling the results as favorable.

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World Bank loan to Trinidad & Tobago Post

Trinidad & Tobago has received a US$11.45 million loan from The World Bank toward the cost of the Postal Services Reform Project. Part of the proceeds will pay for the supply, delivery and installation of office furniture, workstations and fixtures.

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Mail volume & demand for postal services keep growing in Malaysia

Contrary to popular opinion, the volume of mail has not gone down since the advent of the fax, e-mail and SMS. Rather, Pos Malaysia is seeing a growth of between three and five per cent every year. According to Pos Malaysia CEO S.M. Haja Alawdin S. Md. Sulaiman, Pos Malaysia handles 1.12 billion items a year, accounting for 3.5 million items a day.

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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.

 

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