Thursday, September 17, 2009

bl@@dy he!!

The c0Mm!E Postal Office has just announced a new rule for courier
service. Anything less than 50g for in-city and 100g for out-of-city
delivery MUST go through its EMS courier system. Imagine that!
Exclusivity. On the outset, this will pretty much kill off 90% of all
the local courier service. We use it often to do courier delivery of
invoices and documents. Cheap and efficient. Now, we will have to
pay close to double, fill out forms and subject to "attitude"
problems. This will affect online shopping like e-Bay look alikes.

I believe there is a deeper reason other than just acquiring new
markets. It's more "security" with a big captial '$'. With its EM$,
you can scan, do whatever you can to collect information. Who sends
it and who receives it, where and when. People, the tightening has
begun to "combat" the "you know who" from the not so peaceful areas.
Bumping up the revenue profit of its postal service is only a by-
product. Maybe an IPO is coming in Shanghai and in HK. This will
certainly looks good in the book. Profit jumps over 50% year over
year "because of new business venture".

No comments: