Tag: Asia

Aramex Introduces Biodegradable Packages

Aramex has successfully introduced eco-friendly courier bags across its global network.

The major initiative, which began at the start of the year, involved phasing out all plastic bags for its express courier dispatches, replacing them with new eco-friendly, bio-degradable pouches.

Supporting the use of alternative resources, the switch demonstrates Aramex’s commitment to reduce the use of plastic in its operations as part of a wider pledge towards environmentally sustainable business practices.

It is estimated that polythene, the most common type of plastic, takes more than 100 years to break down, until which time it persists in landfill sites and pollutes the environmental landscape.

Made from recycled polythene, the new pouches include a special additive in the material which reduces the molecular weight of the polythene, accelerating the disintegration process without affecting the packages’ durability.

Encouraging recycling of all forms, Aramex also introduced an internal paper recycling project and recently launched a newspaper recycling project through Ruwwad, the company’s sustainable community development initiative.

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SingPost Group’s unaudited results for the first quarter for the financial year ending 31 March 2009

Singapore Post Limited (“SingPost”) announced its unaudited results for the first quarter of the financial year ending 31 March 2009.

SingPost Group achieved a 4.6 pct growth in revenue from SGD115.5 million to SGD120.9 million in the first quarter of FY2008/09 on the back of improved performances by its three business segments.

Mail business recorded a 2.4pct growth in revenue to SGD93.6 million on higher mail
traffic, while Logistics revenue increased 11.8pct to SGD18.0 million, as a result of growth in Speedpost traffic, vPOST shopping and shipping transactions and warehousing, fulfilment and distribution services.

Growth in retail products, agency and financial services revenue contributed to the 17.6pct increase in Retail revenue to SGD16.5 million.

The Group’s rental and property related income was up 34.9pct to SGD7.2 million, mainly due to higher rental rates at Singapore Post Centre and an increase in lettable space.

Miscellaneous income was lower by 34.1pct at SGD1.4 million compared to SGD2.1 million in the same quarter last year, which included a one-off gain of SGD1.9 million from the disposal of a property.

The Group continued to focus on cost management in the face of inflationary pressures on operating costs. Total expenses rose by a slower 3.4pct compared to the past few quarters.

For the first quarter of FY2008/09, net profit grew 2.9pct from SGD38.4 million to SGD39.5 million. Excluding one-off items, the Group posted underlying net profit growth of 11.6pct to SGD38.9 million.

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Commune post offices must be brought up to date

Though commune post offices have played a crucial role in the national postal system, they will soon be subject to an overhaul to bring them more in line with latest developments in the area.
According to statistics from Vietnam Post and Telecommunications Group (VNPT), the first commune post offices opened 10 years ago, and now there are 8,025 nationwide, each of which serves, on average, around 4,500 people.
In the beginning, these post offices offered necessary services like delivering letters, cards, gifts, newspapers and magazines and selling stamps and envelops.
They also supplied public telephone and telegraph services.
In addition, they offered some free papers and magazines for local people to enhance public knowledge.
Commune post offices then began adding new services like money transfers, bill collection and mobicard sales.
However, at present these post offices offered out-of-date services and required investment for improvement, said Hop.
VNPT should supply high-speed Internet to these offices and offer new services to make the offices more valuable cultural centres for people in the countryside, he added.
The province was ready to invest in infrastructure for those offices, said Ho Duc Phuoc, Deputy Chairman of Nghe An Province’s People’s Committee, and VNPT only needed to improve technologies and services to meet demand.
The cultural post offices should house Automatic Teller Machines (ATM) and Base Transmission Stations (BTS), said Do Trung Ta, special envoy to the Prime Minister of Information Technology.
Do Ngoc Binh, the director of Viet Nam Postal Communication (VnPost) agreed with the idea and added that motorbike and car insurance cards could also be sold at the offices.
VnPost had classified cultural post offices so suitable models could be established for each locality, said Binh.
Quang Ngai Province is one area making progress, with 30 out of 162 offices connected to the Internet and free Internet service every Tuesday and Thursday.
There are also base transmission stations (BTS) in the province’s cultural post offices.
The Ministry of Information and Communication was submitting a plan to the Prime Minister to turn commune cultural post offices into public post offices, said Hop.
The Ministry of Information and Communication and Intel Viet Nam yesterday also signed a Memorandum of Understanding for a Connect Communities Programme in which public telecommunication spaces would be established in rural areas of Viet Nam.
However, as far as business goes, each year VNPT loses billions of dong per year from these cultural post offices, according to Pham Long Tran, the chairman of VNPT’s executive board.
According to VNPT statistics, the sales of a commune’s cultural post offices have risen from VND 93,000 (USD 5.6) per month in 1999 to VND2.35 million (USD 1,407) per month in 2007. However, this was not enough to offset the VNPT’s operation costs.
In addition, sales were decreasing as mobiphone cards and public telephone services dwindled with a rise in land line subscribers, said Ngo Van Thuc, the director of Bac Ninh Province Post Office.
Also, households used to rely more heavily upon newspapers before television and the Internet became widespread, but things had changed, Cuong said.
Hopefully, services and activities provided by such offices would change, so they could regain their position in commune culture, said Cuong.

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China Postal Savings Bank wins approval to distribute insurance

The China Insurance Regulatory Commission said it has given approval to Postal Savings Bank of China to distribute insurance products nationwide.

Postal Savings, spun off from the banking operations of the state postal bureau with registered capital of 20 bln yuan (USD 2.9 bln), opened for business in March 2007.

It has more than 37,000 outlets across the country, of which more than two thirds are in rural areas, making it the largest rural financial network in China.

China Post Group, the parent of Postal Savings, won regulatory approval earlier this year to set up a life insurance unit in Beijing.

The group also has a 50-50 insurance joint venture, Sino-French Life Insurance Co, with France’s CNP Assurances.

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Gati opens new retail outlet in Bangalore

Indian express carrier Gati is continuing to expand its network of retail outlets with the opening of a new Gati Café Deliver in Bangalore.

At the beginning of 2007, the company announced plans to invest EUR 8.7 million over the next three years in a large string of retail outlets. Gati said it planned to open a total of 100 owned stores as well as franchises to 1,500 kiosks across the country in a bid to increase its domestic presence.

Bangalore is now the fourth Gati Café Deliver following the inaugural outlet in Hyderabad and two other stores in Pune and Kolkata.

Gati Café Deliver is described as a unique kind of outlet designed like a business lounge, where a customer can sit down in a relaxed atmosphere over a cup of coffee and tea and send his documents. The cafés act as express pick-up and delivery points, as well as offering fax, photocopying, telephone, printing and Internet browsing services.

In additional, the retail outlet is positioned as a single window solution, where a customer can choose from a portfolio of basic business solutions such as Gati Surface Express, Gati Air Express, Gati International, AI-Gati, Gati Desk to Desk Cargo, Gati Supply Chain Management and Gati Coast to Coast. Gati Café Deliver operates 24×7 enabling customers to send documents almost anywhere in India and abroad.

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