Tag: Taiwan

Taiwan post office to launch foreign currency exchange

Posted by | Dec 2, 2005 | |

Chunghwa Post Co, Taiwan’s sole postal service provider, will launch foreign currency exchange on Dec. 7 in the latest event that marks a convergence of postal and financial services at Taiwan’s post offices. Starting Dec. 7, 108 branches under Chunghwa Post Co. throughout the island will offer exchange of four foreign currencies – the US dollar, the yen, the euro and the Hong Kong dollar. At the same time, the post offices will sell mutual funds on behalf of local asset management firms. The expansion of post offices into the banking arena has become an irreversible trend. Even Hsu Jen-shou, chairman of Chunghwa Post Co. , said right now 92 percent of the company’s annual sales of NTD300 billion comes from consumer banking, making it no different from a typical financial holding company.

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FedEx unveils expanded operations centre in Taiwan

Posted by | Nov 28, 2005 | |

FedEx unveiled an expanded operations centre near Chiang Kai-shek (CKS) international airport outside the Taiwanese capital of Taipei Monday.
The new operations centre is nearly three times larger than the previous one and can sort 4,000 packages per hour, twice as many as before, according to FedEx. FedEx said the launch of the new centre proved the company was not withdrawing from Taiwan while moving its regional operations centre from Subic Bay in the Philippines to Guangzhou in China.

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Global mail services seen as new frontier for RFID

Posted by | Nov 10, 2005 | |

Postal and courier mail services are expected to become the second largest market for radio frequency identification item-level tagging following the retail sector, according to a research firm.

The technology already is being deployed at carriers to secure access to vehicles, trailers, and sorting and shipping areas. “We see a strong move toward revamping total postal systems to make it much easier to send and receive the correct package more promptly with better cost and security control,” said Peter Harrop, chairman at research firm IDTechEx on Thursday. “That is why Arabia is rolling out smart post boxes, and Korea is looking to change its receiving and shipment to a holistic system with near real-time traceability.”

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Japanese Yamato Transport Co forms Taiwan joint-venture

Posted by | Sep 16, 2004 | |

Japan’s biggest home-delivery service provider, Yamato Trans-port Co, have announced plans to form a joint venture with a local company, making it the first foreign business entity to invest in the nation’s transport industry after relevant regulations were amended late last year.

Grabbing a 40-percent market share with 1 billion packages delivered in Japan last year, Yamato decided to buy a 10 percent share of President Transnet Corp , which has managed Yamato’s Takkyubin service in Taiwan for nearly four years.

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