Tag: Asia

Hong Kong base gives speed edge for EMC

EMC Corp, whose computer storage devices are used as part of telecommunications systems from mainland firms Huawei Technologies and ZTE, yesterday opened its Asia-Pacific logistics centre in Hong Kong.

The new operation, backed by DHL Exel Supply Chain, will help to speed up shipments for EMC’s mainland original equipment manufacturing partners and its other customers in the region.

The EMC Asia-Pacific and Japan Supply Chain and Logistics Centre in Tsuen Wan is under the management of DHL Exel Supply Chain, a unit of global express and logistics firm DHL.

Mr Yip said improving delivery cycles for EMC products was geared to meet the time needs of the company’s mainland OEM partners – including Huawei, ZTE and Inspur, formerly the Langchao Group.

Dell Computers develops co-branded EMC storage systems in Xiamen exclusively for the mainland.

EMC, which started commercial operations on the mainland in 1996, will expand its regional supply chain and logistics facility in the second half of this year.

According to research firm International Data Corp, the mainland continues to be the major contributor to the Asia-Pacific, excluding Japan, in terms of storage hardware demand. External disk storage revenue on the mainland in the third quarter of last year reached USD168.6 million, which accounted for 33.2 per cent of the total market – worth USD507.7 million – in the region, excluding Japan.

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TNT appoints Onno Boots as South East Asia’s Regional Managing Director

TNT Express has appointed Onno Boots as South East Asia’s Regional Managing Director. In this function he will report directly to James McCormac, Chief Operating Officer of TNT Express. His appointment marks TNT’s continued commitment to South East Asia and plans for further expansion in the region.
Prior to his appointment, Onno served as Director of Global Account Management (Worldwide) in Amsterdam. He has served TNT for 18 years in the company’s divisional headquarters in the Netherlands. Onno will be based at the TNT Asia regional office in Singapore, with 2,771 employees across the region under his charge.

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Seoul to speed up business approval in Incheon airport FEZ

South Korea said Tuesday that it will revamp business authorization guidelines to help domestic and foreign companies invest more easily in the Incheon International Airport free economic zone (FEZ).

The airport FEZ is one of the free economic zones Asia’s third-largest economy is pushing to develop as part of efforts to become a business hub in Northeast Asia.

“The change, to go into effect in April, will make it easier to build logistics terminals at the airport zone,” the Ministry of Construction and Transportation said.

Once the overhaul takes effect, the approval process will be shortened to about six months from the current period of up to one year, it said.

The free economic region, located 40 kilometers west of Seoul, covers 34,141 acres and will be developed by 2010. It includes a bonded area where various taxes and customs duties are exempted. Seoul wants to build a large logistics center that can become a logistics hub in Northeast Asia.

The ministry said the revamp will make it easier for foreign companies such as DHL, the logistics unit of Germany’s Deutsche Post AG, to build a large air cargo terminal at Incheon and for local companies to set up operations in the area.

DHL said on Feb. 12 that it will invest USD75 million by 2020 to build a terminal that can handle 7 million tons of air cargo a year.

The airport zone is part of a larger FEZ covering the Songdo and Cheongna areas of the port city. According to a government plan, the regions will have a population of 2.6 million people and accommodate 7,600 companies.

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Post offices plan to provide loans

The self-help groups-Post Office Linkage pilot project will be implemented in five blocks of Tiruvarur district, viz. Muthupettai, Koradachery, Thiruthuraipoondi, Tiruvarur and Valangaiman, said Shambu Kallolikar, Tiruvarur Collector, on Saturday.

Inaugurating a two-day training programme on the implementation of the scheme for the staff of post offices in the five blocks, Kallolikar said the scheme was aimed at covering self-help groups in rural areas, which were not covered by banks to get loans.

Under the scheme, the post offices would act as banks and provide loans to SHGs under the pilot project implemented jointly by the National Bank for Agriculture and Rural Development and the Postal Department.

The Collector said that under the programme, the point of service would be the village and the SHG members would be able to recieve the service without hassle or cost.

The success of the programme will depend upon the efforts of the lower level staff in the Postal Department, who have direct contact with the rural people.

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Japanese Government approves Japan Post's plan to book loss

The Internal Affairs and Communications Ministry on Monday endorsed an April-September business plan by Japan Post anticipating a net loss of 852.7 billion yen for one-time charges to cover future mutual pension payments worth 1.3 trillion yen.

Japan Post mapped out the six-month business plan as its 10-year privatization process is due to begin in October.

The ministry approved Japan Post’s plan to fall into the red for the first time based on a recommendation by an advisory panel to the communications minister.

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