Tag: Asia

Dentsu Tec & Japan Post Service create Joint Venture

Dentsu and its wholly owned subsidiary Dentsu Tec together with Japan Post Service, a company belonging to the Japan Post Holdings, announced that the companies had signed an agreement to establish a new joint venture.

Japan Post Service and the Dentsu Group have been actively studying ways to establish a comprehensive, strategic business relationship that would integrate Japan Post Service’s strong network and brand value with the Dentsu Group’s expertise in the field of database marketing in order to create a postal-related business capable of providing consumers with useful information about companies and products, and to revitalize the direct promotion market in Japan.

Based on the results of the above studies, the three companies have reached an agreement to establish a joint venture to develop new types of postal media, and to promote businesses related to these new media.

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TNT appoints Thailand GM

TNT Express has appointed a new Thailand General Manager to press ahead with the company’s expansion, including a new depot north of Bangkok and the Good Morning Delivery at 10am service.

Alan Miu is assigned to boost the growth of TNT as the leading express-delivery service provider in Thailand.

He will also spearhead TNT’s ongoing project, the Asia Road Network, which it started more than two years ago. He will oversee the opening of another depot in Pathum Thani. The depot is under construction.

One of his priorities is Good Morning Delivery at 10am, which was launched here six weeks ago to complement existing TNT services at 9am and noon.

Hong Kong-born, but now a Singaporean, Miu is also in charge of TNT’s overall country strategy, operations, sales, and marketing and customer services.

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Singapore Post has announced its financial results for the second quarter and half year ended 30 September 2007 reporting growth in profit and revenues.

The Group posted an 8.8pct growth in revenue from SGD106.6 million to SGD116.0 million in Q2 FY 2007/08, on the back of improved performances by the three business segments.

– Mail revenue grew 8.5pct from SGD82.2 million to SGD89.2 million, boosted by higher postings and price adjustments. Total mail volume rose by 9.9pct, underpinned by a 15.1pct growth in the direct mail segment. During the quarter, a new service, DMrocket, was launched to further grow the direct mail business. DMrocket is a specialist direct mail centre that offers one-stop direct mail solutions to meet customers’ needs.
– Logistics revenue rose 11.5pct from SGD15.8 million to SGD17.6 million, as a result of
increased contributions from Speedpost and warehousing, fulfillment and distribution.
– A new concept store within post offices, Speedpost Centre, was launched in the second
quarter, to offer complete delivery solutions to both corporate and retail customers.
– Retail revenue increased 9.0pct from SGD14.0 million to SGD15.3 million, as growth in financial services and vPOST on-line shopping transactions offset the decline in agency services. vPOST Asia was further rolled out into the region, with the service being offered in India and Australia, in addition to Thailand and Malaysia

1 Singapore Dollar (SGD) = 0.69003 US Dollar (USD)

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India: Courier industry concerned over weight

After the communications ministry drew from examples across the world for drafting the Indian Post Office (Amendment) Bill, the express/courier industry is now using the same global path to convince the government that `monopoly’ is a bad word.

The international examples are being cited mainly to illustrate the weight-and-rate criteria in the express/courier industry. It is learnt that the express industry representatives in a meeting with Ajay Shankar, secretary, Department of Industrial Policy and Promotion (DIPP), on Monday, cited global examples to make their point that some of the provisions in the Indian Post Office amendment draft bill are `retrograde’ in nature.

The industry is expected to make representations to the Prime Minister’s Office (PMO), Planning Commission and the communications ministry, among others. Among the provisions to which the express industry is objecting include lowering of FDI to 49 per cent and exclusivity of the Indian Post to carry shipments below 150 gram.

The express industry could be allowed to carry shipment below 150 gm only if they charge a multiple of 2.5 times the speed-post tariff.

Currently, 100 per cent foreign investment is allowed in the sector and if FDI is lowered, India could lose out on its competitive advantage in the supply chain industry and global express distribution system, industry representatives are believed to have pointed out.

The industry is also opposed to the provision on regulating express operators and yearly renewal of registration.

The express operators have argued that among the countries where price multiple model is in place, the express industry is mostly out of the ambit of any monopoly. In New Zealand, UK, Estonia, Sweden, and Malaysia, for instance, there’s no monopoly of the government in the postal sector.

Sources in the government had earlier pointed out that the weight-and-rate criterion is prevalent in other parts of the world as well.

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109-yr-old Philpost bent on staying relevant in Internet age

Aside from a P6-billion modernization project to increase efficiency, the Philippine Postal Corporation is mounting efforts to curb theft and restore the public’s trust in their services.

Philpost, which celebrated its 109th anniversary Monday, is bent on remaining relevant despite the emergence of Internet and text messaging, said postmaster general Hector Villanueva.

The P6-billion computerization with the help of Japanese investors, he stressed, will make Philpost competitive once more in the delivery service in a year’s time.

“This will bring the Post Office to the 21st century. We will more than double our revenue, and be able to trace every letter. With our Internet capability we will be able to compete with money order, both international and domestic,” he said, adding that modernization is expected to bring billions more to their yearly USD 3 billion income.

Even without computers, Villanueva said OFW relatives will get their money’s worth since the Philpost only charges USD 3-USD 4 for USD 500 remittances against USD 57 from private companies. To attract more OFWs, Philpost will launch its “International Money Order” on Nov. 12 to service their needs.

Relatives of OFWs in Brunei, Hong Kong, Indonesia, Iran, Japan, Korea, Kuwait, Malaysia, Qatar, Singapore, Thailand and United Arab Emirates will benefit from the IMO since they will only need an ATM account to send or retrieve money.

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