Tag: Asia

Sri Lankan Postal rates up

The government has decided to raise postal rates from April 25.
Ordinary postal rates will go up by around 25 per cent and commercial rates by around 60 per cent, Postal Department sources said.
The postage for an ordinary letter will be Rs.4.50 and for a registered letter, Rs.16.50. Parcel Post rates will also increase substantially.
Air mail and foreign parcel rates will also increase, but telegraphic rates will remain the same, the sources said.
This decision has been taken

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Top Japanese LDP official warns of split over postal bills

top policy-maker of the ruling Liberal Democratic Party (LDP) warned Friday the LDP may split if Prime Minister Junichiro Koizumi goes ahead with his plan to have four bills related to postal deregulation approved by the cabinet on April 26 despite opposition from a LDP panel.
“If it is on April 26, the party will split,” Taro Aso, chairman of the LDP Policy Research Council, told a meeting of the LDP Executive Council, according to participants.

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DHL to open international gateway in Medan

Air delivery company DHL Indonesia, a subsidiary of Brussels-based DHL Worldwide Express, said on Thursday it would open an international gateway in Medan, North Sumatra, in June this year.
“Medan is closer to Singapore so the export-import activities in Greater Medan will be faster, cheaper and more efficient,” DHL Indonesia gateway manager Adenan Tampubolon said during a press visit to the DHL gateway in Jakarta.

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China Post dispute draws in EU

European Union and United States government officials are negotiating with their mainland counterparts to resolve a simmering dispute after courier China Post declared a near-monopoly over the shipment of express documents.
The wrangle will come to a head on 30 April when express operators have to accept the new rules or face having their licences cancelled. Left unresolved, the row will cost big-name companies such as Federal Express (FedEx), DHL, TNT and United Parcel Service (UPS) billions of dollars in lost revenue.
The dispute flared in February after China Post told express cargo companies it was placing restrictions on consigments under 500 grams.

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