Seino Transportation Co. has no plans to enter the mail delivery business because it finds it difficult to meet requirements set under the government’s plan to privatize the sector, Liberal Democratic Party (LDP) officials said Wednesday.
Read MorePrime Minister Junichiro Koizumi said Tuesday he has ordered the Diet passage of a set of four postal deregulation bills without amendments, a move that should add fuel to political wrangling over the controversial bills. Koizumi told reporters that he gave the order when he met with Toranosuke Katayama, minister of public management, home affairs, posts and telecommunications.
Read MoreDeregulation in the area of express postal mail delivery will create a market worth more than 80 billion yen (US$329 million) within the 23 wards of Tokyo alone, a senior official at motorcycle courier service Sokuhai K.K. said Friday.
Read MoreDeregulation in the area of express postal mail delivery will create a market worth more than 80 billion yen (US$329 million) within the 23 wards of Tokyo alone, a senior official at motorcycle courier service Sokuhai K.K. said Friday.
“When express delivery is opened to the private sector, this will give birth to a new market worth 80 billion yen in Tokyo’s 23 wards alone,” Masami Sakaki, managing director of Sokuhai, told a Liberal Democratic Party hearing.
As for the bill to allow the private sector’s entry into postal mail delivery now under Diet deliberation, Sakaki said he had no particular requests and did not ask for more drastic deregulatory steps.
Read MoreJapan’s ruling Liberal Democratic Party on Monday confirmed that it is aiming to pass four postal services deregulation bills through the House of Representatives next week. The LDP is assuming that reform-minded Prime Minister and LDP President Junichiro Koizumi will finish negotiating with the bills’ opponents within the LDP, who are backed by the state-run mail and postal insurance businesses, by July 3, LDP officials said.
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