Tag: Asia

Koizumi criticized by LDP

Prime Minister Junichiro Koizumi came under fire from a ruling Liberal Democratic Party (LDP) colleague on Tuesday, the first day of the full-fledged deliberations on a package of four bills on postal services deregulation.
LDP member Yamato Inaba told the House of Representatives panel on posts and telecommunications, “The idea of opening the (postal-services) market to the private sector and offering the services based on the principle of a market mechanism cannot coexist with providing equal and universal postal services.”

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Japan to study allowing private delivery services to use mailboxes

The government is considering allowing private entrants into the mail delivery market to share about 180,000 mailboxes currently owned by post offices, the Nihon Keizai newspaper cited government sources as saying.
The post boxes are due to be taken over by a public postal corporation slated to be set up next April.
The government earlier considered requiring such firms to set up some 100,000 mailboxes on their own, but it concluded that deregulation is necessary to give companies incentive to enter the new market.

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DHL looks to Cathay for expansion in the region

DHL Worldwide Express’ expansion plans in Hong Kong, which include the lone bid for the dedicated express terminal at Chek Lap Kok, have seen the integrator start the search for a dedicated freighter fleet, according to a top executive.
John Mullen, DHL Worldwide Express (Asia-Pacific) chief operating officer, said one of the options being examined for its continuing expansion was the joint purchase with Cathay Pacific of a mid-range fleet of cargo aircraft.
“We need to expand and joint fleet ownership with Cathay is one of the possibilities we are looking at for the next stage.

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Koizumi welcomes courier

Prime Minister Junichiro Koizumi on Thursday welcomed a reported plan on postal-services deregulation.
Tokyo-based Sokuhai, established in 1984, delivers business items within a few hours for clients in the Tokyo and Osaka areas using 800 motorcycles and bicycles.
Commenting on the news report, a Sokuhai official said the company will have to decide whether to launch mail service after relevant ordinances are established following the bill’s parliamentary passage.
The postal deregulation bill would allow private firms to handle mail delivery on certain conditions including delivery within three hours.

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Indian Postal dept eyes 30% more from premium services

The Department of Posts hopes to earn Rs 586 crore from premium services during 2002-2003. In 2001-2002, the department achieved revenues of Rs 392.65 crore, a shade lower than the targeted revenue of Rs 400 crore.
According to informed sources, the Department of Posts’ aggregate revenue – including income from non-premium and non-value-added services – is expected to touch Rs 4,000 crore in the current fiscal, higher than the estimated Rs 3,400 crore earned in 2001-2002.

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