Govt triples Postal Service Fund to RM150m, eyes Q1 2027 rollout to support rural deliveries

KUALA LUMPUR, Oct 10 — The Malaysian government has allocated RM150 million to launch the Postal Service Fund, with the aim to commence operations in Q1 2027, announced Communications Minister Datuk Seri Fahmi Fadzil at a press conference after World Post Day celebrations. The initial funding, three times higher than the previously announced RM50 million, will primarily support the Universal Service Obligation (USO) by ensuring letter deliveries to rural areas, remote locations, and islands.

Fahmi clarified that the fund, governed by the Malaysian Communications and Multimedia Commission (MCMC), was established under Section 98 of the Postal Services Act 2012 and had been inactive since its 2012 provision. The ministry and MCMC plan to collaborate on initiatives for the 70th anniversary of National Postal Day, focusing on enhancing ties with Pos Malaysia and the Malaysian Philatelic Society.

Fahmi also acknowledged the need to adapt policies and practices due to changing e-commerce and digital landscapes, emphasizing the protection of workers' welfare through fair compensation and wages.