Tag: Asia

Japanese LDP pledges to pass postal privatisation plan in next Diet

The Liberal Democratic Party is pledging in its policy platform to pass in the next Diet session the postal privatization legislation defeated in the upper house earlier this month. “Postal privatization is the main issue in the lower house election,” Prime Minister Junichiro Koizumi told a news conference Friday at which he unveiled the party’s policy outline. He dissolved the lower house Aug. 8 in response to the upper house rebuff, setting the stage for a Sept. 11 general election. Should the LDP and coalition partner New Komeito be able to secure a majority in the lower house, Koizumi said the postal bills would be resubmitted in a special Diet session to convene within 30 days of the election. The legislation calls for spinning off Japan Post into four companies in April 2007, with full privatization taking place by 2017. But the composition of the upper house will remain unchanged, and the bills could be voted down again.

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Indian postal dept revamps network

Faced with a huge budgetary deficit, the Department of Post has rejigged its postal network, affecting nearly 400 loss-making post offices across the country
While 30 post offices have been closed, 172 have been merged with a bigger post office. Another 123 offices have been downgraded and 56 have been relocated to more lucrative areas. “The move is in line with the 10th Five Year Plan that requires the department to rationalise its network and optimise its resources with a view to achieving financial self-sufficiency while continuing to fulfil its universal services obligation,” said a Ministry of Communication official
Though the number of post offices restructured is very small compared to the base of 1.55 lakh post offices in the country, the postal department has taken a decision to merge or relocate more such post offices.

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Beijing prepares for challenge of postal reform

The failure of the Japanese government’s postal system reform drive this week was a reminder of the difficulties of tinkering with a state service embedded in the life of a nation. But officials in China dismiss the idea that Tokyo’s troubles hold lessons as they embark on a long-awaited campaign to shake up their sprawling postal system with its tens of thousands of offices and quarter of a million employees. “We have not paid any attention to the matter (of Japanese postal privatisation),” says an official of the State Post Bureau, better known as China Post. “There shouldn’t be any association.” Beijing has reason not to allow any distraction from its plans, announced last month after years of internal debate. While other arms of the government have modernised, China Post has remained an opaque and bureaucratic hybrid combining the roles of regulator, mail deliverer and one of the country’s biggest financial institutions.

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Fedex opens branch in China’s Ningbo

Fedex Corp said it has opened a branch in Ningbo in eastern China to serve customers in the Yangtze River Delta. Fedex said the 2,300 square meter branch can process 1,200 pieces of freight per hour. The company said it will also set up another new branch in Hangzhou before the year end. Fedex now has 13 China branches, including Ningbo, providing services to more than 200 cities.

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China State Postal Bureau set to merge two businesses

The State Postal Bureau (China Post) is progressing with its scheme to merge its two sub-businesses, the express mail service (EMS) and China Post Logistics Co Ltd. “The merger is still in the preparatory stage, and we are considering how to restructure the businesses and the personnel involved,” a spokesman for China Post Logistics, who declined to be named, told China Daily yesterday. The planned merger was announced at the end of last year. The spokesman refused to comment on when the merger would be completed, but the Beijing Morning Post reported that substantial moves will be taken by the year’s end.

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