UPS predicts record 1999 for Indonesian operations<\/p>\n
JAKARTA (JP): U.S.-based courier giant United Parcel Service
\n(UPS) is predicting a bullish 1999 for its business, which is
\nsoaring as firms try to export their way out of the economic
\ncrisis.<\/p>\n
UPS senior vice president for Asia Pacific, Charles A. Adams,
\nacknowledged here on Friday that the rupiah's collapse against
\nthe U.S. dollar -- the major cause of the economic turmoil --
\nactually worked to encourage more exports.<\/p>\n
\"Nineteen ninety-eight is a record year for our company due to
\nthe increase in exports from Indonesia and other Asian countries.
\nWe believe that 1999 is another record year for us,\" he said
\nafter the opening ceremony of UPS new service center in BII
\nPlaza, Jl. M.H. Thamrin, Central Jakarta,.<\/p>\n
He said that exports from Asian countries to European
\ncountries and the United States grew at least 25 percent and 40
\npercent this year, and were expected to grow at the same level
\nnext year.<\/p>\n
\"As exports move the economic engines of Indonesia and other
\nAsian countries, we expect that economies of the region will
\nstart to grow in the third quarter of next year.\"<\/p>\n
Adams said the company had a long-term commitment to Indonesia
\nand would continue to improve its services to customers.<\/p>\n
\"Although the country is having an economic slowdown, we
\nremain committed to providing the best shipping solutions to
\nlocal businesses.\"<\/p>\n
He said the company's growth in its business in Indonesia this
\nyear had exceeded its growth in the region despite its recent
\nentry in the country.<\/p>\n
\"With such huge potential, no international courier company
\ncan ignore the Indonesian market.\"<\/p>\n
PT Cardig Citra Primajasa\/UPS Indonesia's President Jeff
\nFairbairn said that the company recorded 25 percent growth in
\nterms of revenues and volume this year and expected to grow by
\nanother 25 percent next year.<\/p>\n
UPS claims to control between a 12 percent and 18 percent
\nmarket share of package deliveries in Indonesia, and it is aiming
\nto increase it through \"service and value for money\".<\/p>\n
\"We are always looking at improving our levels of service and
\nwe are here for the long haul,\" Fairbairn said. \"Although the
\npresent economic conditions in Indonesia are tough and the
\ncompetition is tight, we want to be considered a premium
\nalternative in this market place.\"<\/p>\n
PT Cardig Citra Primajasa\/UPS Indonesia is 49 percent owned by
\nUPS Worldwide and the remainder by Indonesia's Cardig Citra
\nPrimajasa. The company started operations in Indonesia last
\nJanuary.<\/p>\n
UPS services in the country were formerly handled by Cardig as
\nits agent.<\/p>\n
The company serves 20 major cities in the country, employs
\nmore than 200 people and has 66 vehicles at its disposal.<\/p>\n
Adams said that the opening of the new UPS Express center in
\nBII Plaza in the capital was part of the company's strategy to
\nincrease its presence in key markets.<\/p>\n
\"It is no coincidence that UPS is today opening a new express
\ncenter right here in the central business district. Despite the
\ncurrent economic problems that Indonesia is facing, UPS remains
\ncommitted to Indonesia and to our long-term business goals.\"<\/p>\n
Fairbairn said the company would open five more service
\ncenters in Greater Jakarta next year and six more branch offices
\nin other cities.<\/p>\n
\"We plan to open a new service center in the Jakarta Stock
\nExchange building and in Balikpapan, East Kalimantan, in
\nJanuary.\" (gis)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/ups-predicts-record-1999-for-indonesian-operations-1447893297",
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"sponsor": "Okusi Associates",
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