New Delhi, June 23 (PTI) The CPI(M) has opposed the decision to impose service tax on postal services and asked the government to reconsider the move and not impose fresh burden on the poor.
Read MoreTNT is positioning itself to capitalise on expected 20 per cent annual growth in Asia’s clinical trial market over the next five years.
TNT’s new director of clinical life sciences for Asia, Lim Bee Koong, has been tasked with spearheading TNT’s push. A life sciences industry veteran with more than 10 years experience, Ms Lim will oversee an area that includes China, Indonesia, Japan, Malaysia, the Philippines, Singapore, South Korea, Thailand and Vietnam.
Read MoreThe entire network of Pakistan Postal Services would be modernised on international standard through computerisation to provide affordable prompt service to people at their doorsteps.
Read MoreThe government plans to revise the 2003 mail service law in a bid to encourage new entrants into the mail business now effectively monopolized by the public corporation Japan Post, government sources said Saturday. Draft revisions being studied include a plan to allow people to post mail at convenience stores. They also include exempting new entrants from the duty of delivering mail across Japan by lifting the ban on signing consignment contracts for delivery in areas they cannot cover. The mail delivery business was opened to the private sector in April 2003. But no company has entered the market – except for the delivery of specified mail in certain areas – due to major hurdles required for newcomers under the law, such as setting up some 100,000 post boxes across the nation.
Read MoreJapan Post plans to invest 180 bln yen during the current business year ending March 2007, four times the amount it spent in the previous fiscal year, to introduce frozen-food deliveries and expand online services, the Nihon Keizai Shimbun reported without citing sources. The company plans to launch a service that will enable the delivery of items that need to be kept frozen, a well-established segment among private-sector delivery companies such as Yamato Transport Co, the financial daily said.
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