Tag: Asia

Singapore to liberalize market for basic mail services

Posted by | Feb 5, 2007 | |

Singapore will fully liberalize the city-state’s postal sector by opening the market for basic mail services, the government said Monday.

Singapore Post Ltd. will no longer have exclusive access to the segment — which includes the collection and delivery of letters and postcards within, into, and out of the country — when its license expires in March, Minister of Communications, Information, and the Arts Lee Boon Yang told reporters.

“We have had expressions from various postal service providers that they are interested in entering this sector,” Lee said. “At what level they are keen on entering or interested in participating we cannot say for sure at this instance.”

The market for express mail, printed matter and parcels is already liberalized.

Basic mail services make up about a fifth of the annual revenue generated by Singapore’s postal services sector — which was about 1 billion Singapore dollars (USD650 million; euro 503 million) in 2004, Lee said.

Total mail volume has grown at about 2 percent a year since the 1990s, he said.

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FedEx Express EMEA announces new senior management positions

Posted by | Feb 5, 2007 | |

FedEx Express announced the promotions of Hamdi Osman to Senior Vice President of the Middle East, Indian subcontinent and Africa, and Jacques Creeten to Vice President of India. Both promotions fill newly created positions and are effective immediately.

Hamdi Osman began his employment at the frontlines of the company in 1978 as a truck washer. His long tenure and career advancement demonstrates FedEx commitment to its people, encouraging promotion from within the organization. Prior promotions and positions include courier (1979); Manager Operations, Edison, New Jersey (1982); Senior Manager Operations (1985); Managing Director for the Northeast District, US (1990). In September 1991 Hamdi moved to the Middle East, taking on the role of Managing Director for the Middle East and Indian subcontinent region. In 1997, Hamdi was appointed to the position of Vice President, Operations, Middle East, Indian subcontinent and Africa.

Jacques Creeten joined FedEx in 1985 and has held various positions in Belgium, Italy, Turkey, and Dubai before moving to India in 1999 as Managing Director Operations for the Indian subcontinent. In 2005 Jacques became the Managing Director, Sales & Marketing with responsibility for all FedEx sales and marketing activities across the Middle East, Indian Subcontinent and Africa region.

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Preference to postal services in suburbs

Posted by | Feb 2, 2007 | |

While inaugurating an upgraded sub-post office in Medavakkam near Tambaram on Thursday, senior officials of the Postal Department said preference would be given to improving facilities in the suburban areas of Chennai.

Taking part in a function at Medavakkam where the branch post office was upgraded as a sub-post office, Radhika Doraiswamy, Chief Postmaster General, Tamil Nadu Circle, said the Department had plans to upgrade many post offices in the suburbs apart from constructing new buildings in those places where they functioned from rented premises.

She said that as part of extending and improving services at the post offices in Tamil Nadu, it was planned to sell stamp papers for registration purposes in association with the State Government. Ms. Radhika said the department was popular among the rural folk for extending financial assistance to self-help groups. The scheme was in place in districts such as Sivaganga and Pudukottai and would soon be introduced in Kancheepuram.

Plans were on to install computers in all post offices and to provide inter-connectivity among all of them, she said.

T. Panneerselvam, Postmaster General, Chennai City Region, said a survey was conducted among customers recently about their expectations and based on this, the department had decided to give preference to improving facilities in the suburban areas of Chennai.

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TNT launches domestic express services in India

Posted by | Feb 1, 2007 | |

TNT – the global provider of mail, express and logistics services announced its domestic foray in India at a press meet in Mumbai today. The expansion plan in India is in line with the global strategy of focusing on building quality networks in emerging markets. TNT will make an investment of 100 million Euro into the Indian market over the next five years, further reinforcing its commitment to the booming Indian economy. This launch makes TNT the first multinational brand in India to offer international and domestic services using an integrated Air and Road network. TNT will clearly be differentiated from its competitors in the express segment, through its offering of a gamut of “first ever” services. TNT aims to be the leading integrated player in the Indian market by 2010.

To spearhead its expansion plans, TNT has currently increased its offices from 17 locations to over 50 locations. By 2006 end there will be more than 144 offices spanning the length and breadth of the country. TNT has also expanded its depot space from 80,000 square feet to over 300,000 square feet with a fleet of more than 1000 vehicles that will traverse close to 300,000 kms per day. TNT will also have over 1600 trained professionals lined up towards meeting the customers’ express distribution requirements.

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Bank of India launches Pensioner's credit card

Posted by | Feb 1, 2007 | |

Bank of India today announced the launch of Pensioners’ Credit Card and Pension Delivery at Doorsteps schemes here in collaboration with the postal department.

The scheme would allow the pensioners to get their pensions at their doorstep without going through the ordeal of coming to the branch, Bank of India Chairman and Managing Director M Balachandran told reporters.

The bank has tied up with the Post Office to deliver the pension at the doorsteps of the pensioner, he said adding the schemes has been launched on a pilot basis in Maharashtra.

The credit card allows for a maximum credit limit of Rs 50,000 and the rate of interest charged is 12 per cent per annum.

The bank has about 1.8 lakh pensioners as its customers in Maharashtra.

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