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Postal privatization to cost customers more

Date Posted: 2007-10-01

Japanís postal services are now private enterprise, and todayís status switch spells higher costs for consumers.
The Japan Postal Service Public Corporation was privatized today, breaking into four separate corporate units. With the change come higher prices for services offered to customers. Postal money orders that were •100 and •400 are now •420 and •630. On a positive note, officials say post card and standard postal rates remain •50 for cards and •80 for a letter.
ATM use fees are now •80~290 per transaction, up from the •60~210 charged when postal services were by government operation. Money transfers to another bank or post office have risen to •120~330 per transaction, an increase from the previous •100~250.
Postal and banking services arenít the only things hit by price hikes October 1st.
The cost for electricity and gas is going up, providers say, with rates to be reflected in October ~ December bills. The cost of regular gasoline will jump as well, with the price per liter soaring to •145 and higher.
The cost of foods and snack products, including chocolates, will be increased this month, and consumers are being advised to check prices as they shop.
The Meteorological Agency has some good news for the general public. It is to begin issuing news flashes about earthquakes on NHK radio and television.

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