Tag: Asia

DHL plans huge investment in Japan and South Korea

Posted by | Feb 13, 2007 | |

DHL plans to invest more than 90 million dollars in the next several years into Japan to strengthen its leading position there, Deutsche Post Chairman Klaus Zumwinkel said Tuesday.

Among its plans is the expansion of its distribution centre at Osaka’s Kansai Airport, Zumwinkel said in Tokyo on the occasion of the 35th anniversary of DHL’s entry into Japan.

From 1999 to 2006, DHL invested about 165 million dollars in expanding its infrastructure in Japan, the world’s second-largest economy. From 2001 to 2006, it invested more than 1.7 billion dollars across the Asia-Pacific region.

DHL also said it plans to invest up to USD 75 mln over the next few years to expand its South Korean operations.

The additional funding commitment will take its total investments in the nation to close to USD 100 mln since 2001, it said. ‘DHL’s growth plans and investments for the Korean market are very much in line with the South Korean government’s vision of establishing Incheon as a preferred logistics hub to serve the North Asia region,’ Klaus Zumwinkel, chairman of the board of Deutsche Post World Net, DHL’s parent company, said.

The investment, which includes the USD 50 mln already announced in Nov 2006, will be used to expand the current DHL Express facility at Incheon Airport, the company said.

The additional funds will also be used to develop existing network infrastructure and further enhance operational and service capabilities, in a bid to meet projected growth in intraAsia trade as well as trade within the Far East region, via Incheon, the company said.

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India Post lines up Rs 6K cr to connect post offices

Posted by | Feb 12, 2007 | |

In a bid to cut down losses and achieve a higher degree of competitiveness, the Department of Post has put together an ambitious action plan to connect most of its major post offices across the country. The Department is planning to invest Rs 6,000 crore for the technology upgradation across its postal network.

“India Post strongly needs to enhance its technology to compete with the private players,” Department of Post secretary I.M.G Khan said, adding that “We have put forward our proposal to the Planning Commission for consideration in the 11th Five-Year Plan”.

The DoP has an investment plan of Rs 12,000 crore during the 11th Five-Year Plan (2007-12). Khan said his department would invest 50 per cent (Rs 6,000 crore) of its proposed expenditure of the 11th Five-Year Plan in computerising and connecting its 1.5 lakh post offices across the country.

“We are setting up a National Data Center in Delhi, which will be ready by May and would connect about 1,300 major post offices in India while the rest would be connected through other technology,” Khan added.

He said there are various possibilities of leveraging our huge network for other business models such as retail, banking and insurance. The Department of Post is already in talks with some general insurance companies for fee-based distribution of non-life products in the rural market.

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Indian postal department (DoP) to use RFID for logistics posts

Posted by | Feb 12, 2007 | |

If all goes well, the postal department (DoP) will be the first organisation to use the radio frequency identification (RFID) technology for its express parcels and logistics posts. “We want to be the pioneer in the express industry to use the RFID technology,” John Samuel, general manager, business development and marketing directorate, said. To realise its dream, the department proposes to make huge investments in the cutting-edge technology. The department has already put forward a proposal of Rs 12,000 crore to the planning commission during the 11th Five Year Plan for its consideration. “Our aim is to provide high quality services and meet the business needs of our customers along with increasing the customer base. The department plans to allocate Rs 6,000 crore towards upgrading its technology,” Samuel added. He noted that the department plans to invest in technologies such as RFID and web-based customer response system. Leading post offices worldwide, including the US Postal Service, Royal Mail and Deutsche Post, have reformed themselves by investing in cutting edge technology. “The postal department with over 1.55 lakh post offices across India, is in the process of setting up a national data centre that would directly connect over 1,300 post offices nationwide,” a senior business development official said. “Computerisation of all the post offices will streamline the operations of the department. In addition, the department hopes to wipe out its budgetary deficit of around Rs 1,200 crore,” he added. The official said that the investment for the technological upgrade will be allocated out of the “planned fund.”

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Japan's Sankyu signs agreement with Pos Malaysia

Posted by | Feb 7, 2007 | |

Major distribution company SANKYU INC. (TSE:9065) has struck a business cooperation agreement with POS MALAYSIA BHD, farming out pickup and delivery of parcels for the Sankyu Business Yu-Pack service in Malaysia to the postal service provider. Developed by Sankyu and Japan Post, the small-lot international door-to-door parcel delivery service for businesses is often used by Japanese firms to export parts and import textile products.

* With pickup and delivery offered only in limited areas in Malaysia, the service’s handling of parcels to and from that nation has remained at around 1 ,000 a month.

* Sankyu hopes the tie-up will boost the figure to 10,000 by the end of fiscal 2007.

SUMMARY

Japan’s Sankyu signs agreement to farm out pickup and delivery of parcels to Pos Malaysia

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Huang Ju Sends 'Letter of Congratulations' on China's Postal System Reform – "China Takes Stride in Postal System Reform"

Posted by | Feb 7, 2007 | |

Chinese Vice Premier Huang Ju has urged the country’s postal sector to deepen reforms and adopt an enterprising approach to better serve the public and the country’s economic and social development.

Officials, workers and departments in the postal sector should explore ways to improve supervision, transfer operating mechanisms and establish a modern corporate system, said Huang in a letter of congratulation on the official operation of the State Post Management Bureau (SPMB) and the China Post Group (CPG) on Monday.

Vice Premier Zeng Peiyan also gave instructions to the postal sector, recognizing its contributions to the country’s economic and social development and its important role in guaranteeing the basic communications rights of the public.

The establishment of the CPG and SPMB marked the separation of the regulatory functions of the former State Post Bureau (SPB) from its business activities.

Liu Andong, former director of SPB, has been appointed general manager of CPG, and Ma Junsheng, former deputy director of SPB, has been named to head the SPMB.

The separation of the SPB’s regulatory functions from its business activities has been carried out in accordance with the postal system reform scheme issued by the State Council in Aug. 2005.

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