Tag: Japan

Public corp. not answer to postal savings woes

Riding on the Liberal Democratic Party’s strong showing in the July
House of Councillors election, the administration of Prime Minister
Junichiro Koizumi is heading toward fully fleshing out its reforms. With work under way on reforming public corporations with the
ultimate goal of abolishing or privatizing them, debate on reforming
the three postal services has heated up. The three services–mail delivery, savings and life insurance–will
be integrated into the planned “postal public corporation” in 2003.

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