Tag: Japan

Express giants united into commission

Last weekend, the International Express Commission formally announced its birth. There are 12 companies engaging in international express delivery in China joining the Commission.

Among those companies, there are international express giants such as FedEx, DHL, UPS, and TNT. These companies have set up joint ventures with SINOTRANS. Domestic express companies are also joining, such as China Air Express, China Railway Express Transportation, EAS Express, and COSCO Logistics. However, China Post EMS is not in the name list.

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Japanese Co's to invest in Subic, Philippines due to English skills

More Japanese investors engaged in manufacturing and trading businesses have expressed serious intentions to invest in Subic Freeport following the state visit of President Gloria Macapagal-Arroyo in Japan.

Subic Bay Metropolitan Authority (SBMA) Chairman Felicito C. Payumo said this after meeting with members of the Association of Small and Medium Enterprises in Japan, composed of 80 companies based in Suwa City, Nagano Prefecture.

Payumo was among the top Philippine government officials who accompanied President Arroyo in a state visit to Japan to strengthen economic ties between the two nations and to meet Japanese investors in the country.

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FedEx Express offers more shipping options within intra-Asia market

FedEx Corp has begun utilizing the first of six recently awarded interim frequencies that allow FedEx Express to carry local traffic on key flights within the Asia Pacific region. The six interim frequencies, which strengthen the company’s competitive stance in that fast-growing region, mean that FedEx can offer additional direct service on flights between Hong Kong and other Asian markets with minimal start up costs.

FedEx is using two of the interim frequencies on Seoul, Korea to Hong Kong flights. Two other frequencies are in use on Manila to Hong Kong flights. One frequency will be applied to an existing flight between the FedEx Asia Pacific Hub in Subic Bay, the Philippines, and Hong Kong, beginning December 8, 2002. The remaining frequency will be used to initiate a new round-trip flight between Hong Kong and Subic Bay, effective December 8.

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Lawson stores to handle mail service in Japan

The Postal Services Agency announced Thursday that it will install postal boxes at Lawson convenience stores across Japan where domestic and international mail will be accepted for delivery. The service, which will initially start at Lawson stores in urban localities, will begin Jan. 1, 2003. There are approximately 7,600 Lawson stores nationwide.

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Postal entity to have net worth of 6-7Tril Yen

The government has drafted a decree calling for net worth equivalent to 6-7 trillion yen to be held by a public corporation to be set up in April to take over postal services from the Postal Services Agency, government officials said Wednesday.

The draft was approved by the governing Liberal Democratic Party’s policy-making panel on postal services earlier in the day and is expected to be adopted by the cabinet Dec. 13, said officials at the Ministry of Public Management, Home Affairs, Posts and Telecommunications.

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