The last time postal rates were raised was in 2010, when standard mail weighing under 20g was set at 60 sen, from 30 sen previously. The previous rate had been kept since 1992.
At the same time, he explained that Pos Malaysia has to not only maintain its postal coverage across the nation, but also expand its network as population continues to grow and new addresses pop up. On top of that, staff costs “have grown each year despite the decline in mail as we have provided increments to the staff so that they can keep pace with the cost of living”. Costs of its universal service obligation (USO) — under which it provides postal coverage to the entire country — stood at RM881 million in FY19, the spokesman added.
“[Pos Malaysia] management is confident that the regulated postal tariff hike (on the basis that costs and number of postal addresses have increased) they are requesting will be approved by FY20F.
The group also needs to maximise its delivery network, said a fund manager who spoke on condition of anonymity. This includes partnering other post and courier companies to bridge the gap in its services, amid rising e-commerce demand. “They [Pos Malaysia] have the network, but they need to maximise this network,” he said
Another means to do so is by turning its branches into one-stop shops for utility services. This means the group should, if possible, partner utility providers and share branch spaces, whereby the full retail aspect of the utility providers’ services can be integrated into the branch.
Streamlining operations “Ultimately, it comes down to productivity. It may be an unpopular move to lay off employees, but the way I see it, it is the only way to go, together with cutting down the number of branches in a more drastic manner,” said an analyst who declined to be named.
Pos Malaysia to revise postage rates | The Star Online
KUALA LUMPUR: Pos Malaysia Bhd will have to revise its postage rates in tandem with the price increase by the Universal Postal Union (UPU) starting January 2020 to align its operation cost
“If Pos Malaysia is able to negotiate a postal tariff hike by slightly more than 50 per cent (circa RM0.90 to RM1.05 for standard mail), our analysis shows that it could easily see a doubling of its total net core profits in FY17 (compared with FY15 at RM102 million),” it projected.
Comparatively, it noted that standard postal letter (below 50 grammes) rates in Singapore are between RM0.90 to RM1.10, while the priciest postal rates in Asean which is in the Philippines is between RM1.50 and RM2.
It noted that the last postal tariff increase was in 2010, when regular postage approximately doubled. The price for standard mail weighing up to 20 grammes was revised from 30 sen to 50 sen, and for up to 50 grammes, the price was revised from 40 sen to 70 sen.
Pos Malaysia to revise postage rates starting January 2020 - Malay Mail
25 Oct 2019 · Pos Malaysia Bhd will have to revise its postage rates in tandem with the price increase by the Universal Postal Union (UPU) starting January 2020 to align its operation cost. “Despite the challenges, Pos Malaysia will continue to serve the nation in providing postal services .
Here's Why You Will Soon Have To Pay More For International Postage When ...
23 Oct 2019 · This Spotlight is sponsored by Pos Malaysia. ... its fees for international postage starting in 2020 - while other ... Malaysia is set to be affected by the new rate revision, ..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Good123
26,681 posts
Posted by Good123 > 2019-12-26 08:59 | Report Abuse
naik nonstop jika rm1.56 dipecahkan :)