Tag: Asia

Japan Post says may take stake in retailer Lawson

Posted by | Feb 12, 2008 | |

State-owned Japan Post Holdings Co Ltd said on Tuesday it may buy a stake in Lawson Inc., Japan’s third-largest convenience store chain, in the latest move to combine postal and retailing.

The two companies said that within three years there would be 800 stores selling Lawson products and postal services.

“Until Japan Post goes public, it won’t be possible for both companies to hold each other’s shares at the same time. But so long as it is fine for just one side to take stake for a while, we can acquire Lawson shares,” said Yoshifumi Nishikawa, the president of Japan Post.

He added that the company had yet to determine how many Lawson shares it would buy.

While some convenience store chains, including Yamazaki Daily Store, owned by Yamazaki Baking Co Ltd, have teamed up with Japan Post to deliver packages, Lawson has been the most aggressive to partner up with the state-run postal firm.

Lawson has placed mailboxes in all its stores and operates five branches inside post offices. The two companies are cooperating to deliver mail in Kochi prefecture in western Japan.

Japan Post is the holding firm of four businesses — mail delivery, banking, life insurance and counter services — which split into four companies in October.

The banking and insurance businesses are set to be privatised sometime by 2017, but the government does not plan to privatise the mail delivery and counter service operations.

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DHL increases Asian cargo capacity

Posted by | Feb 12, 2008 | |

DHL has increased its Asian cargo capacity in Manila and Hong Kong by utilising a new dedicated freighter to address the growing volume of imports and exports to and from the Philippines.

DHL’s Air Hong Kong B757-200 freighter has augmented its shipment capacity to 24 tonnes, an increase from its previous 19 tonnes. Flight frequency has also been increased from four to five times a week. These adjustments have increased DHL’s total payload capacity by 58 percent, creating a total payload capacity of 240 tonnes.

Exports from the Philippines to China grew by an average of 43.8 percent between 2000 and 2005, while imports from China to the Philippines grew by an average of 30.5 percent during the same period.

Aside from the larger shipment capacity, DHL’s new dedicated air transport gives customers the benefit of better shipment security. It reduces the risk of cargo being off-loaded due to commercial plane constraints.

DHL’s Asia Air Network includes more than 30 destinations in 16 countries and territories. It is also served by over 20 aircraft in dedicated air operations.

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Blue Dart sales up by 21 pct

Posted by | Feb 11, 2008 | |

Blue Dart Express announced its annual result for the year ended December 31, 2007 at its board meeting held in Mumbai. The Company posted Rs 699.3 billion crore profit after tax for the year ended December 31, 2007, up by 39 pct from the corresponding period of the previous year. Income from operations for the year ended December 31, 2007 was RS 8,087.2 billion up by 21.06 pct from the corresponding period of the previous year. Speaking on the occasion Anil Khanna, Managing Director, Blue Dart Express Ltd said, “Our results are a validation of our customer’s faith in us and of our commitment to serve their business. We are proud to be positioned as the only service provider with a distinctive capability to offer the entire gamut of express distribution solutions. We have seen consistent high results in the past and expect the trend to continue this year as well.” “The launch of our new fortified ground express product – Dart Surfaceline last year, is a strong step towards achieving our aim of being the first choice for all our customers; however our focus from our core air express product remains unwavered. We aim to continue setting standards in the Indian express industry and facilitating trade and commerce for a greater India.” 1 USD = 39.6650 INR

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DHL Express expands network and services in Asia

Posted by | Feb 8, 2008 | |

DHL Express has unveiled a number of moves to expand its network and services in Asia over the past few weeks.

In Taiwan, DHL has announced a 17pct rise in operating profits for 2007 based on a 10pct rise in import volumes and 5pct rise in exports. Revenue figures were not disclosed. Expansion of the operations centre at the Farglory Free Trade Zone near Taiwan Taoyuan International Airport in northern Taiwan is scheduled for completion in October and operational start in early 2009. This will triple cargo handling volumes at the site. DHL also won the Taiwan Ideal Brand in the ‘ International Express & Logistics’ category for the seventh consecutive year in an annual survey conducted by Taiwan’s Management Magazine.

In Bangladesh, DHL has launched an Airport to Door Express service for local customers importing from overseas suppliers under Free Carrier (FCA) Incoterms (International Commercial Terms) that do not require door-to-door transport.

In Malaysia, DHL extended its presence in the hi-tech Klang Valley region by opening three more Servicepoints in partnership with retail partners to offer express services to small companies and private individuals.

Meanwhile, Malaysian newspaper The Edge Financial Daily has reported that DHL is giving local cargo airline Transmile, with which it has a strategic cooperation alliance, time to restructure and build its reputation following financial problems last year.

DHL Asia Pacific chief executive officer Dan McHugh told the newspaper DHL has a “good, open relationship” with Transmile, and the two companies were in regular talks on network issues. Transmile was still a component of its global aviation strategy, operating routes such as Bangkok-Singapore, Singapore-Jakarta and Beijing-Hong Kong for DHL, he noted.

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Emirates Post opens new post office at RAK Free Zone

Posted by | Feb 7, 2008 | |

Emirates Post has opened a new post office in Ras Al Khaimah Free Trade Zone, to cater to the needs of investors, businessmen and employees. The post office is located in the Business Park of the zone

The post office was inaugurated by Mr. Jamal Saif Al Jarwan, Director of Postal Zone 4, and Mr. Oussama El Omari, CEO/Director General, RAK Free Trade Zone.

‘The opening of the new post office is part of Emirates Post’s strategy to take our services and products closer to our customers, including business people,’ said Ibrahim Bin Karam, CEO of Emirates Post. ‘The post office will offer all postal and non-postal services, such as parcels, money exchange and remittances.’

‘The new post office in RAK Free Trade Zone will add another useful facility on our list of investor-friendly services. We already have 3,000 P.O. Boxes located in three different parks of the free zone to satisfy investors’ needs,’ said El Omari. ‘This has been necessitated by the increase in the number of zone-registered companies which has crossed 4,000. The zone continues its effort to provide its clients, investors and employees with a wide range of unique services.’

Mr. El Omari added, ‘We are pleased that the full-fledged post offices will bring different services under one roof for the benefit of our tenants and employees.’

The post office timings will be from 8 am to 3 pm, Saturday to Thursday.

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