Tag: Asia

Fedex's Qingdao Branch starts operation

Fedex announced on July 12 that the company’s Qingdao Branch has put into operation to satisfy the rising international express service in Qingdao, a port city in east China’s Shandong Province’.

So far, Fedex has 26 branches, 38 ground workstations as well as three ports in Beijing, Shanghai and Shenzhen cities and its service now covers 200 cities in China.

According to the plan, Fedex will extend its service network to another 100 Chinese cities in the coming five years.

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Leveraging India Post's strength

The strengths of India Post are its long tradition of handling financial services, its wide reach among the mass market and its credibility and trust, says R. VAIDYANATHAN, arguing that more flexibility and autonomy can help the behemoth provide the latest financial services while making profits for itself

India Post is a fascinating organisation. It is effective, efficient, has phenomenal reach and boasts of a tradition of distributing financial products from 1882. It is best in terms of know-your-customer and sits on voluminous data. It needs functional autonomy and its staff more incentivised pay and perks. If India leverages the strength of its postal system, it can serve the people better and make some profits.

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DHL unveils 250 million USD expansion plan in India

Committing over 250-million USD investment in India for the next few years, global air express services company, DHL Express, has set up a disaster recovery centre in Chennai.

During the expansion plan in the coming years, the company will introduce new technologies, expand infrastructure, develop innovative products and services, and improve marketing and sales.

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Businessmen to head 4 Japanese postal entities after privatization

The government on Tuesday announced the appointment of private-sector businessmen as chief executive officers of the four companies to be created through the privatization of postal services in October 2007.

Koji Furukawa, a 68-year-old senior adviser to the president at Mitsubishi Corp., will take the helm of the postal savings bank, while President Josuke Shindo, 61, of Tokio Marine & Nichido Systems Co., will become the CEO of the postal insurance company, Internal Affairs and Communications Minister Heizo Takenaka said at a press conference.

The top post of the mail delivery service company will be assumed by Norio Kitamura, 64, chairman of Toyota Motor Italia, and the company in charge of over-the-counter services at post offices will be headed by Shigeo Kawa, a 59-year-old corporate officer of Ito-Yokado Co., Takenaka added.

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