Japan Airlines (JAL), Asia’s largest carrier, said on Monday it would merge with Japan Air System (JAS), the third-largest domestic carrier, to form the world’s sixth-biggest carrier.
The airlines said they would set up a joint holding company next autumn, and complete integration of operations by spring of 2004
Read MoreThe posts ministry has drafted a proposal for a new public corporation slated to take over the state-run postal services in 2003 in which it urges the new entity to partially liberalize the mail service, ministry officials said Friday.
However, the draft proposal also says the new corporation should fall under the control of the Ministry of Public Management, Home Affairs, Posts and Telecommunications in running its overall operations, they said.
According to the draft proposal, the three postal service operations — mail, postal savings and insurance — would remain under the control of the new entity as they are now under the ministry.
The posts ministry plans to finalize the proposal by the end of the year after consulting with experts in and outside the ministry, the officials said.
a Sendai-based organization of special post office heads from six prefectures in the Tohoku region has been accused of receiving 110 million yen in kickbacks from its suppliers
Read MoreCalls for gradually privatizing the mail service were dominant at a government-commissioned study panel meeting convened Wednesday to discuss steps to create a new public entity in fiscal 2003 to take over the state-run service, government officials said.
Many panel members supported opening the mail service to private companies in a step-by-step manner, as rapid privatization would undermine the current “universal service,” in which collection and delivery of mail is uniformly available anywhere in Japan, to the detriment of the planned public entity’s financial base, the officials said.
At present, the Postal Services Agency monopolizes the mail service. Planning to open the service to private businesses from fiscal 2003, the Ministry of Public Management, Home Affairs, Posts and Telecommunications has asked the study panel to recommend steps to establish the new public entity that will take over three postal services — mail, savings and insurance — from the government.
DHL Worldwide Express is investing nearly $300
million to enhance its ground infrastructure in the Asia Pacific region. The
investment is aimed at major markets in Greater China, Japan and Singapore,
said a statement received here.” The article states: “DHL will invest $82
million in an Asian hub in Hong Kong, $35 million in a Southeast Asia
gateway at Singapore’s Changi Airport, and $125 million in Japan, DHL Asia
Pacific chief operating officer Marc Duali said in the statement.
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