Tag: Thailand

DHL head in Asia says ASEAN needs more unity on free trade issues

Posted by | Nov 28, 2004 | |

The head of DHL express delivery in Asia is applauding efforts by Thailand and Singapore to speed up economic reforms in Southeast Asia, but he warns that if the region doesn’t work better as a group, less developed nations will lag farther behind. John Mullen, chief executive officer for DHL Express America, Asia Pacific and emerging markets, said in an interview Saturday with The Associated Press that Southeast Asia has to make it easier for foreign companies to invest in the region. Faster customs procedures are also needed, Mullen said at the Association of Southeast Asian Nations summit in the Laotian capital, Vientiane. “Singapore and Thailand have been really aggressive in leading the charge” for freer markets, he said. “But the disadvantage of that is that if you end up with a two-speed ASEAN, that tends to marginalize the slower-paced countries even further.”

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Privatized Thai Post Office to make profits ‘within 3-5 years’

Posted by | Nov 14, 2004 | |

The head of Thailand’s newly privatized Post Office Company today expressed confidence that the company would begin making profits within the next 3-5 years. Speaking this afternoon at a signing ceremony with TT&T for a leasing agreement for online postal services, Mr. Dhiraphongs Suddhinond conceded that in the past the state-run company had faced annual losses of Bt1.3-1.5 million.
However, the company had been working hard to boost its range of services, and in the future the percentage of its revenue from mail services was likely to drop from 70-80 percent to 60 percent, as revenue from new services increased, he said.

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Michelin Siam awards contract to TNT Logistics

Posted by | Nov 1, 2004 | |

TNT Logistics has been awarded a contract by Michelin Siam Marketing and Sales Co., Ltd. to handle logistics functions for its two tyre production plants in Thailand, as well as its domestic and export warehouse facilities. The awarding of this contract further strengthens TNT’s position as a leading provider of logistics services to the tyre sector. Under the new contract, TNT Logistics will manage the material flows and clearance of tyres to and from Michelin Siam’s two production plants. TNT Logistics will also oversee the operation of Michelin Siam’s two main warehouses: its domestic warehouse and export warehouse.

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Thailand Post to Raise Rates

Posted by | Sep 14, 2004 | |

Thailand Post will increase rates for domestic special postal services next Monday to generate more revenue for major business expansion to compete with global leading transport companies when the industry is open for full competition in three years. Thailand Post director Anusorn Tamajai said that although the rates for special postal services would increase, redemptions in case of loss would also go up. Domestic special postal services include express mail service or EMS, registered mail, certified mail and insured mail.

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