Tag: Mail Services

European public postal operators show support to 2020 EU emissions target

Posted by | Jan 23, 2008 | |

PostEurop, the association of European public postal operators reiterates today its support to the 2020 EU emission target. 14 of its members have already agreed to an ambitious average 10pct reduction of their greenhouse gas emissions over the next five years and more PostEurop Members are expected to commit to the voluntary programme.

The European Commission has agreed this week on a package of proposals that will deliver the European Council’s commitments to fight climate change. The proposals demonstrate that the targets agreed last year are technologically and economically possible and provide a unique business opportunity for thousands of European companies. As agreed by its leaders in March 2007, the EU seeks to reduce greenhouse gases by at least 20 pct by 2020.

The postal sector in Europe, through the very nature of its activities, has an impact on the environment, mostly in the form of greenhouse gas emissions. Most of these CO2 emissions result from the use of road transport, aviation and building energy usage also contributing significantly.

There is however considerable scope for improvement and as a vital sector of the European economy, the postal sector is committed to providing an example, by working closely with customers, suppliers and other stakeholders in order to reduce the whole sector’s impact in Europe and worldwide.

Elaborated by PostEurop’s Environment Working Group under the authority of the Social Responsibility Committee, the Greenhouse Gas Reduction Programme is fully in line with the Kyoto Protocol and the European Climate Change Programme targets. Its aim is to measure and assess the reduction efforts of participating postal operators and to create synergies by exchanging best practices in that field.

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Q-Post hit by a huge rise in inflation rate

Posted by | Jan 22, 2008 | |

Rising inflation badly hit the country’s postal sector last year, said Q-Post chairman Ali Mohamed al-Ali yesterday.

The chairman said the country’s postal corporation suffered heavily in 2007 because of the unprecedented inflation witnessed by Qatar.

Al-Ali said premises that the Q-Post used to acquire for as low as Q R1,500 a month for its operations in the city or suburbs was now costing at least five times more.
“As a result, our overheads on various fronts have increased considerably.”

The chairman also informed that the pay rise the Q-Post gave to its staff, both nationals and expatriates, in December 2006 too had taken a heavy toll on the corporation’s operations.

Al-Ali said the annual salary bills of the staff alone amounted to QR65mn.

Answering another query, the chairman said the postal corporation used to receive a financial support of QR52mn a year from the government until a few years ago. “That is no longer there. The absence of such financial support from the government had hit our operations hard.”

The implementation of e-cash in government transactions has also hit the corporation badly as revenues from the sales of tax and other revenue stamps that it used to receive had started going directly to the government, said al-Ali.

Despite all these, the corporation is making efforts to be self-reliant through the diversification of its businesses in a highly competitive environment, said al-Ali.
The chairman pointed out that in all large countries where the postal sector is still active; the governments had provided at least 80 pct budgetary support to their operations.

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Japan PB resumes remittance service to Iran

Posted by | Jan 22, 2008 | |

Japan Post Bank announced here on Tuesday that it will continue remittance service to Iran, despite the gossips heard regarding the suspension of services to Iran.

Dispatching the remittances services will be continued until Aug. 2008, according to the contract between the sides and the bylaw of the Universal Postal Union (UPU) and the guidelines of the Postal Financial Services Group (PFSG) which was coordinated on Aug. 9, 1999.

The reason the bank cited about the formerly news of suspension was the US sanctions against Iranian banks from October 25. Japan Post Bank said that intermediary banks in the chain to its Iran transfers were unable to continue dealing with the three largest state-run Iranian banks, as a result of these sanctions.

This was an unusual move for Japan, which has maintained cordial relations with Iran after the Islamic Revolution in 1979. Though numbers are disputed, a large number of Iranians are reported to live in Japan. The number of remittances to Iran processed by the Post Bank was around 200 annually, with a value of around USD 450,000.

Japan Post Bank will disperse risks and diversify earnings sources, by diversifying means of investments (into trading of derivatives, acquisition and sales of monetary credits, syndicated loans, securitized products, beneficiary rights, and investments in stocks), while controlling interest rates-associated risks appropriately and will strengthen channels of post office networks, by providing its infrastructure and sales support tools, improve the compliance system, help improve quality and enhance training programs.

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SingPost and BNI offer new remittance service to Indonesia at post offices island-wide

Posted by | Jan 22, 2008 | |

Singapore Post Limited (SingPost) and PT Bank Negara Indonesia (Persero) Tbk (BNI) announced that they will offer a new remittance service to Indonesia at 51 designated SingPost branches (post offices).

CASHOME is a fast, convenient, yet secure remittance service that allows the sender to remit money into a recipient’s bank account maintained with BNI in Indonesia. A fast remittance transfer time is in store for customers as funds remitted by the sender through the post office before 3pm will be received by the recipient on the same day.
Funds remitted after 3pm will be received by the recipient on the next business day. The money will be credited directly to the recipient’s bank account maintained by BNI.

Customers can use their NETS card or cash to remit funds to their recipients who can access the funds at BNI’s wide network of over 970 branches and close to 20,000 ATMs across Indonesia. They will also enjoy the convenience of using the CASHOME card for the initial and subsequent transactions. A CASHOME card is an identification card for customers to use to remit money to their recipient, saving them the hassle of filling out forms each time they need to remit money. A one-time registration of the CASHOME card is required only.

As SingPost is committed to safeguarding customers’ personal information and privacy,
customers can enjoy peace of mind in knowing that their funds are in safe hands when they remit money with Singapore’s public postal licensee.

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Congo government to bail out postal firm

Posted by | Jan 22, 2008 | |

The Congolese government plans to disburse six billion CFA francs (USD 13,523,563) to finance the recovery plan of the Congolese Posts and Savings Company (SOPECO), the Managing Director of the company, Guy Roger Mankedi, said here Monday.

The plan, to be implemented between 2008 and 2010, covers the computerization and extension of the firm’s service across the country and the modernisation of its payment system.

“These are important projects for which SOPECO should not be left behind. SOPECO must take on the moving train and that requires a lot of means,” Mankedi said.

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