Tag: Asia

Japan's postal Titanic

Posted by | Sep 17, 2001 | |

In his
swearing-in speech as postal minister in 1997, Junichiro Koizumi shocked the
assembled top bureaucrats of the ministry he was about to lead. “The three key postal services must be privatized,” Koizumi declared. “We
cannot be ruled by inefficiencies.” It was effectively a declaration of war
from within, for privatization would mean that the bulk of those he was
addressing would be made redundant, and one of Japan’s oldest ministries would
be crushed.

Read More

India Post re-invents itself

Posted by | Sep 14, 2001 | |

IT IS GOOD to find the Department of Posts (DoP) trying to live down
its traditional image of a low-profile, sluggish organisation. The
series of non-traditional business initiatives the DoP has taken in
recent years indeed mark its efforts to reinvent itself. It has
already made a reasonable success of the value-added service
ventures, such as Speed Post, Express Parcel Post, Business Post,
Media/Publicity Post, Corporate Money Order and Surface Air Lifted
Mailing. In some of these segments, it was pitted against the
expanding private sector courier companies. Thereafter, it embarked
upon the totally new business of selling customised greeting cards
with pre-paid printed postage stamps that are a replica of the
design on the card. In yet another breakthrough, it struck a deal
for international money transfer services with Western Union
Financial Services International of the US.

Read More

Japan aims to cut aid to postal-savings system to boost equities

Posted by | Sep 12, 2001 | |

Masahiro Okuno, a senior figure on the government’s tax panel, said
lawmakers aim to reduce assistance to the postal-savings system in
an attempt to boost the attractiveness of equities for individual
investors. He said government assistance that provides incentives for investors
to deposit money in the postal system is a tax on equity investment. “The government aid is a kind of premium for the postal-savings
system,” Okuno told reporters after a meeting of a tax panel
subcommittee that he heads.

Read More

BSN plans to extend services via stake in Pos Malaysia.

Posted by | Sep 12, 2001 | |

BANK Simpanan Nasional Bhd (BSN) plans to use its stake in Pos Malaysia Bhd to tap the postal service’s wide distribution network and services, says its general manager and chief executive Abu Huraira Abu Yazid.

He said Pos Malaysia’s 600-odd post offices and BSN’s 400 branches will provide both companies with a combined network of over 1,000 outlets and extend their reach.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest