Tag: Mail Services

Brazil ECT to expand electronic mail services

Posted by | Jan 25, 2005 | |

The electronic mail service system from the Brazilian mail & telegraph services company ECT (Empresa de Correios e Telegrafos) is to start operations within 90 days. With the hybrid mail system, people can write letters through the Internet, in ECT website or in ECT units, to any place in Brazil or to more than 200 countries. The company only owns two hybrid mail units, to hold five units soon. ECT expects a 20pct decrease in expenses with letters transportation, with savings of RD1.4bil per year.

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Suddeutsche Zeitung to compete with Deutsche Post

Posted by | Jan 25, 2005 | |

German publisher Suddeutscher Verlag, which publishes German newspaper Suddeutsche Zeitung, is to compete with German national service provider, Deutsche Post. Through its logistics subsidiary, Suddeutscher Zeitung Logistik, the publisher has already started delivering letter in the Munich area. The company hopes to expand its services in the next few months and will aim to gain more customers, delivering their post at the same time as their subscription.

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Commercialisation of Polish Post Urgent

Posted by | Jan 25, 2005 | |

The next parliamentary session will likely see the second reading of a resolution calling on the Sejm to commercialise Poland’s postal service monopolist Poczta Polska (PP). According to an analysis that the Puls Biznesu daily gained access to, such commercialisation should take place as soon as possible. The report, co-authored by PP, PricewaterhouseCoopers consulting company and Kancelaria Wierzbowski i Wspolnicy law firm, points out that in order to avoid the marginalisation of PP, the best solution – albeit an unrealistic one – would be to restructure it as a listed company minority-held by the state Treasury. “International practice shows that currently there is no fully privatised postal company. The Dutch and German post are closest to the ideal. We thus recommend turning PP into a joint stock company listed on the stock market with a majority stake held by the Treasury,” the analysis reads.

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Hints of relaxed timetable over Japan postal reform

Posted by | Jan 25, 2005 | |

Senior aides to Junichiro Koizumi, Japan’s prime minister, have hinted that the timetable for postal privatisation could be allowed to slip, opening up the possibility of flexibility in talks with the ruling Liberal Democratic party (LDP), many of whose members vehemently oppose postal reform. Mr Koizumi has insisted until now that the post office should be split into four separate entities from 2007 to ensure that there are no cross-subsidies between the mail, insurance, savings and counter divisions. The prime minister has made privatisation of the post office, the biggest financial institution in the world, the centrepiece of his final two years in office, and has threatened to call a snap election if the LDP refuses to back his drive. A foretaste of the rocky time that Mr Koizumi may face during the next 150 days of the regular parliamentary session came yesterday when opposition members walked out of the Diet chamber in protest at his answers on postal privatisation. The chamber was thrown into confusion when members of the Democratic Party of Japan suddenly stood up and left, accusing Mr Koizumi of being vague in his replies to questions about postal reform.

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China’s Zhaijisong courier service plans Hong Kong listing next year

Posted by | Jan 25, 2005 | |

Beijing-based courier service Zhaijisong plans to list on the Hong Kong stock exchange early next year, company president Chen Ping said. Chen said the privately owned firm was the fourth largest domestic courier firm in China, holding five pct of a courier market dominated by China Post’s EMS. He would not disclose Zhaijisong’s fund-raising target but he told a business gathering that the money would be used to mechanize more of the company’s operations and add to its current fleet of 1,400 trucks. London-based Investment bank Cazenove would manage the listing, Chen said.

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