Prime Minister Junichiro Koizumi, who has pledged to privatize postal services, and Hiromu Nonaka, a Liberal Democratic Party heavyweight representing party members with vested interests in the postal sector, have agreed to the passage of four government-sponsored postal bills during the current Diet session, sources said Friday.
Read MoreUnder pressure from Japan‘s Prime Minister Junichiro Koizumi, a staunch advocate of postal deregulation, the posts ministry will consider allowing the private sector to deliver unsolicited direct mail, often dubbed junk mail.
Read MoreYamato Transport Co, Japan’s top parcel delivery firm, posted a record net profit for the business year just ended thanks to its growing home delivery service and said it would mail in another record for 2002/03.
Read MorePrime Minister Junichiro Koizumi told the head of his private advisory panel on postal privatization Tuesday he would not set a specific date for the panel to finalize a report on the issue, which initially had been scheduled to be submitted at the end of June, government officials said. The remarks of the prime minister, who is a strong advocate of the privatization of the three post office services of mail delivery, savings and insurance, effectively instructed the panel to postpone the finalization of its report.
Read MoreJunichiro Koizumi leans forward and bangs the table with his fingertips, tapping out each point with a click of his nail or a thud of his knuckle. In contrast to the drab ranks of Japanese politicians who speak with all the vigour of a funeral dirge, the prime minister is a showman who squeezes every moment for dramatic effect. Occasionally he leans back in his canary-yellow chair – not for him the squat, leather armchairs of old – and sweeps his hand through the air as though slicing at an invisible enemy.
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