5 Questions About Japan Post’s Listing Plan
Japan Post Holdings Co. lists itself and its banking and insurance units on the Tokyo Stock Exchange in three deals that together would amount to one of the biggest share sales ever by a Japanese state company. The related article shows some key takeaways.
Cambodia Post starts transport service
Cambodia Post launched a point-to-point van service to tap into the rising demand for passenger transportation, in a bid to increase its revenue from domestic services. The new passenger van service is expected to capitalise on the rising number of passengers in Cambodia, as well as supplement its postal services.
Australia Post set to cut jobs
Australia Post may cut around 1,900 jobs in the facing of a continuing decline in mail delivery volumes. Australia Post’s CEO warned that Australia Post was poised to report its first full-year loss across the business in more than 30 years.
China, Parcel-by-Post Project Benefits 560,000 Mothers in Poverty
The 'Postal Parcel for Mothers' project has benefited around 560,000 impoverished mothers and families over the past three years. China Post involved in this project, which was launched in May 2012, receiving over 78 million yuan (U.S. $12.56 million) in donations from different sectors and delivered around 560,000 parcels in 10,660 villages among the country's 31 provinces, autonomous regions and municipalities, including Inner Mongolia, Sichuan, Qinghai, Yunnan and Tibet.
Alibaba expands cross-border e-commerce initiatives
Alibaba has announced an expansion of its cross-border e-commerce initiatives, including the launch of 11 official country pavilions on its Tmall Global platform. The countries that will be featured on Tmall Global, an extension of Tmall.com, will include the United States, New Zealand, Australia, Switzerland, France, Britain, Spain, Singapore, Thailand, Malaysia and Turkey.