A set of bills altering Japan’s mail delivery system cleared the House of Representatives on Tuesday, raising the likelihood the legislation will be put onto the statute book by July 31, when the current Diet session ends. The legislation would also allow private firms to access the huge mail delivery service market, although a set of harsh conditions on the qualifications and duties of would-be entrants set high hurdles.
Read MoreParliament’s lower house on Tuesday approved bills to open Japan’s postal services to competition, one of Prime Minister Junichiro Koizumi’s key economic reforms. The legislation passed Parliament’s more powerful chamber by acclamation, said a lower house spokesman. It now moves on to the upper house for approval, though passage into law is ensured no matter the outcome there.
Read MoreA parliamentary committee on Friday approved one of Prime Minister Junichiro Koizumi’s key economic reforms to open Japan’s postal services to competition. The step makes it likely that the legislature will formally approve the bills next week.
Read MorePrime Minister Junichiro Koizumi won a tough fight with conservatives in his own party to open the postal service to competition, but critics said Thursday the legislation is so watered down that real change is unlikely.
Read MoreA draft definition made public by the posts ministry Wednesday limited the scope of mail private companies can handle under the planned deregulation of state-run postal services by excluding most direct mail from the category.
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