Chunghwa Post celebrates 120th anniversary in Taipei

Taipei, March 18 (CNA) Chunghwa Post Co. celebrated its 120th anniversary in Taipei on Friday, by holding activities to honoroutstanding employees and by releasing sets of commemorative stamps.

Ong Wen-chyi, its chairman, said the biggest asset of the company is people's trust and its more than 26,000 employees.

Honored employees included postman Lai Wen-pin of the Sanchong Post Office in New Taipei City. Lai has worked for Chunghwa Post for 36 years and regularly provides fruits or refreshments to senior citizens who live by themselves. Also honored was Tsai Tung-pai, an employee of the post office on Taiwan's outlying Matsu Island. He also goes the extra mile to help his customers by buying products on Post Mall, Chunghwa Post's e-commerce website, on their behalf.

Former Vice President Vincent Siew also attended the event.

The anniversary is based on an order by the Qing emperor on March 20, 1896, which agreed to transform the then Customs Post Office to Imperial Chinese Post.

March 20 has also been Post Day of the Republic of China since 1947. Chunghwa Post said it will build a postal logistics park in New Taipei's Linkou District by 2018, to promote the e-commerce as part of its business and to integrate its various services.

As part of the anniversary celebrations, an exhibition of paintings showing the company's 21 old post offices across the nation is currently being held in Taipei's Beimen Post Office until the end of March.

Chunghwa Post has 1,324 post offices in the country and is one of the largest financial institutions in Taiwan, with services that include savings, remittances and insurance.

Ong, who took up his current post in 2013, said people feel safe putting their money in a post office account because the company is run by the state and thus the risk of bankruptcy is lower.

Chunghwa Post was named last year as one of Taiwan's 10 most influential brands. (By Chen Wei-ting and Kuo Chung-han)